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PR Newswire
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KMG International Changes The Group's Management Structure

ALMATY, Kazakhstan, November 17, 2016 /PRNewswire/ --

KMG International changes the Group's management structure, appointing Catalin Dumitru as Senior Vice President for Operational Activities and Alexey Golovin as Vice President for Corporate Development and Strategy of the Group.

Azamat Zhangulov, the acting Senior Vice-President of KMG International was promoted as Senior Vice-President for Sales and Marketing within KazMunayGas, the national oil & gas company of Kazakhstan, the sole shareholder of KMG International. With 15 years of experience in the oil industry, Azamat Zhangulov joined KMG International in 2012, when he was appointed as the Deputy General Director on financial matters. From the position of Senior Vice President of KMG International, Azamat Zhangulov coordinated the Group's long term strategy and corporate development, implemented in line with the business objectives of the sole shareholder.

The newly appointed Vice President of KMG International, Alexey Golovin, will take over the responsibilities of corporate development and strategy of the Group, coordinating the strategic development, M&A projects, public relations and relations with governmental authorities and the sole shareholder.

Catalin Dumitru, who had previously held the position of Vice President of KMG International coordinating the operational activities, is assuming the role of Senior Vice President of KMG International, continuing to be responsible for the entire operational chain of the Group.

"Alexey Golovin and Catalin Dumitru proved excellent management qualities and I am confident that from their new positions they will continue to significantly contribute to the group's development. The operational activity coordinated by Catalin Dumitru had a major contribution to making the group profitable in the past three years, while Alexey Golovin successfully fulfilled his duties in different management positions held within the group, thus our new management structure is well positioned in order to ensure further improvement of KMG International's profitability", Zhanat Tussupbekov, chief executive officer (CEO) of KMG International, commented. He continued: "I thank Azamat Zhangulov for the fruitful collaboration during the past four years and for the excellent results, achieved despite the challenging environment and I wish him to successfully fulfill his targets from his new position".

Alexey Golovin, who had previously been the Managing Director for Strategy, held in the past years different positions within the KMG International Group, including those of Managing Director Internal Communication and Corporate Development and Group Corporate Marketing and Communication Director. Alexey Golovin joined KazMunayGas group of companies in 2008, and has been with KMG International since 2009. He graduated from the Law Faculty "Adilet" and holds the Master's degree in Business Administration from the ExecutiveMBAEssec&Mannheim program.

Catalin Dumitru has 23 years of professional experience and joined KMG International (the former Rompetrol Group) in 2002, as chief financial officer for two companies of the Group. His career within the Group has gradually developed, and from his last position as Vice President for operations he was responsible for coordinating all operational activities trading and supply chain, refining and petrochemicals and retail. From his new position, Catalin Dumitru will be responsible for implementing the long term operational strategy of KMG International.

KMG International develops major operations in refining industry, petrochemical, retail, trading and industrial services. In Romania, the Group owns Petromidia Năvodari refinery, the largest unit in the country, with an annual capacity of 5 million tons, Vega Ploiesti refinery, producer of special products in operation since 1905, and a network of over 700 fuel supply points, 230 LPG stations, 9,000 gas cylinder distribution points, three LPG stations and 10 deposits.

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© 2016 PR Newswire
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