JSC Halyk Bank: On changes to the composition of the Board of Directors of JSC Halyk Bank

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JSC Halyk Bank (HSBK) 
JSC Halyk Bank: On changes to the composition of the Board of Directors of 
JSC Halyk Bank 
 
19-Apr-2019 / 18:13 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                               PRESS RELEASE 
 
   On changes to the composition of the Board of Directors of JSC Halyk Bank 
 
                               18 April 2019 
 
   JSC Halyk Bank (the Bank) informs that on 18 April 2019 the Bank held its 
        Annual General Shareholders' Meeting, which has been convened at the 
       initiative of the Board of Directors. According to the results of the 
 general meeting, the shareholders of the Bank made the following decisions: 
 
     To early terminate powers of Anvar Saidenov as a member of the Board of 
   Directors, independent director of JSC Halyk Bank, on his own initiative, 
                          from 18 April 2019, based on his letter of notice. 
 
To elect additionally Anton Musin as the member of the Board of Directors of 
                               JSC Halyk Bank, independent director. 
 
      To determine the term of powers of Anton Musin, member of the Board of 
 Directors of JSC Halyk Bank - from the election date till expiration of the 
 term of powers of current Board of Directors of JSC Halyk Bank, approved at 
the Annual General Shareholders' Meeting of JSC Halyk Bank on 21 April 2017. 
 
Anton Musin graduated from the Stankin Moscow State University of Technology 
 as a Mechanical Engineer and from the Budapest University of Technology and 
  Economics with a Master degree in Robotics/ Mechanical Engineering. He has 
 wide work experience in the development and implementation of technological 
    innovations and products in banks and financial organizations focused on 
   service development for retail and corporate customers. It should also be 
  noted that Anton Musin is not related to the Bank and does not hold voting 
                  shares (equity interest) of the Bank and its subsidiaries. 
 
      Thus, in accordance with the best international practices of corporate 
    governance, the Board of Directors of the Bank includes five independent 
                               directors and has the following composition: 
 
Alexander Pavlov - Chairman of the Board of Directors, Independent Director; 
 
     Arman Dunayev - Member of the Board of Directors, Independent Director; 
 
   Frank Kuijlaars - Member of the Board of Directors, Independent Director; 
 
Mazhit Yessenbayev - Member of the Board of Directors, Representative of JSC 
                               Holding Group Almex; 
 
    Christof Ruehl - Member of the Board of Directors, Independent Director; 
 
       Anton Musin - Member of the Board of Directors, Independent Director; 
 
                 Umut Shayakhmetova - Member of the Board of Directors, CEO. 
 
For further information, please contact: 
 
Halyk Bank 
 
Viktor Skryl          [phone] 
 
                      [e-mail] 
Mira Kasenova         [phone] 
 
                      [e-mail] 
Karashash Karymsakova [phone] 
 
                      [e-mail] 
 
ISIN:          US46627J3023 
Category Code: MSCM 
TIDM:          HSBK 
Sequence No.:  8284 
EQS News ID:   802119 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

April 19, 2019 12:13 ET (16:13 GMT)