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Dow Jones News
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JSC Halyk Bank: Changes to the Management Board of JSC Halyk Bank

Dow Jones received a payment from EQS/DGAP to publish this press release.

JSC Halyk Bank (HSBK) 
JSC Halyk Bank: Changes to the Management Board of JSC Halyk Bank 
 
04-May-2019 / 13:46 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
             Changes to the Management Board of JSC Halyk Bank 
 
           As per the resolution of the Board of Directors of JSC Halyk Bank 
    (hereinafter - the 'Bank') Mr. Nurlan Zhagiparov, Deputy Chairman of the 
     Bank's Management Board, and Mr. Aslan Talpakov, Deputy Chairman of the 
 Bank's Management Board, have stepped down from their positions as of 2 May 
         2019 and transferred to a new role as Advisors to the Office of the 
                               Management Board. 
 
    Starting from 2 May 2019, Mr. Askar Smagulov was appointed as the Deputy 
   Chairman of the Management Board of the Bank in charge of Digital banking 
                               and Transactional business. 
 
     Mr. Smagulov started his career at ABN AMRO Bank Kazakhstan in 1998 and 
    served as a Treasury Dealer, Chief Dealer, Head of the Trade Division of 
                               Treasury and Head of Treasury. 
 
      From February 2005 to May 2018, he held various positions in the Bank: 
    Deputy Chairman of the Management Board, Member of the Bank's Management 
   Board, Advisor to the Office of the Board of Directors and the Management 
                               Board of the Bank, Head of Treasury. 
 
       From November 2014 to June 2018, Mr. Smagulov was the Chairman of the 
       Management Board, member of the Board of Directors of JSC Altyn Bank. 
 
         From February 2010 to May 2015, he was the Chairman of the Board of 
 Directors of JSC Kazteleport, from July 2017 to June 2018 - the Chairman of 
                             the Board of Directors in CB "Moskommertsbank". 
 
   Mr. Smagulov has a degree in economics with honours from Al-Farabi Kazakh 
   National University and an MBA from the William Simon School of Business, 
                               University of Rochester (US). 
 
                               About Halyk Bank 
 
      Halyk Bank is Kazakhstan's leading financial services group, operating 
    across a variety of segments, including retail, SME & corporate banking, 
     insurance, leasing, brokerage and asset management. Halyk Bank has been 
  listed on the Kazakhstan Stock Exchange since 1998 and on the London Stock 
                               Exchange since 2006. 
 
In July 2017, the Bank purchased majority stake in Kazkommertsbank JSC - the 
  second largest Bank in Kazakhstan by total assets - and merged it fully in 
                               July 2018. 
 
 With total assets of KZT 8,959.0 billion as at 31 December 2018, Halyk Bank 
  is Kazakhstan's leading lender. The Bank has the largest customer base and 
 broadest branch network in Kazakhstan, with 647 branches and outlets across 
      the country. The Bank also operates in Georgia, Kyrgyzstan, Russia and 
                               Tajikistan. 
 
   For more information on Halyk Bank, please visit https://www.halykbank.kz 
                               [1] 
 
               - ENDS- 
 
For further information, please contact: 
 
Halyk Bank 
 
Viktor Skryl          +7 727 259 04 27 
 
                      ViktorSk@halykbank.kz 
 
Mira Kasenova         +7 727 259 04 30 
 
                      MiraK@halykbank.kz 
 
Karashash Karymsakova +7 727 330 01 92 
 
                      KarashashK@halykbank.kz 
 
ISIN:          US46627J3023 
Category Code: MSCM 
TIDM:          HSBK 
Sequence No.:  8515 
EQS News ID:   807227 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=4730ea9b4fc003a3688c4d47ac583595&application_id=807227&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

May 04, 2019 07:46 ET (11:46 GMT)

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