JSC Halyk Bank (HSBK)
JSC Halyk Bank: Election of the New Board of Directors of JSC Halyk Bank
26-May-2020 / 06:47 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ELECTION OF THE NEW BOARD OF DIRECTORS
OF JSC HALYK BANK
26 May 2020, Almaty, JSC Halyk Bank (hereinafter referred to as the "Bank")
informs that the Annual General Shareholders' Meeting of the Bank was held
on 22 May 2020, it was convened on the initiative of the Board of Directors
and held by absent voting without holding an in-person general meeting of
shareholders (hereinafter referred to as the "Annual General Shareholders'
Meeting").
With regard to the expiration of the term of powers of the Board of
Directors of the Bank, at the Annual General Shareholders' Meeting of the
Bank (minutes to the Annual General Shareholders' Meeting of the Bank No. 43
dated 22 May 2020), it was decided to elect the following persons as members
of the Board of Directors of JSC Halyk Bank: Pavlov Alexander Sergeevich,
Piotr Romanowski, Dunayev Arman Galiaskarovich, Christof Ruehl and
Franciscus Cornelis Wilhelmus (Frank) Kuijlaars as independent directors,
Yessenbayev Mazhit Tuleubekovich as a representative of JSC ALMEX Holding
Group, Shayakhmetova Umut Bolathanovna, for 3 years. In accordance with the
resolution adopted by the newly elected Board of Directors of the Bank
(minute to the meeting of the Board of Directors of the Bank by absent
voting No. 35 dated 25 May 2020), Pavlov Alexander Sergeevich was elected
the Chairman of the Board of Directors of the Bank.
Therefore, in accordance with the best international corporate governance
practices, the Bank's new Board of Directors comprises seven directors,
including five independent ones.
As of the date of the Annual General Shareholders' Meeting of the Bank, the
elected members of the Bank's Board of Directors did not hold voting shares
of the Bank and shares (stakes in the authorized capital) in the Bank's
subsidiaries.
More detailed information on the new composition of the Board of Directors
of the Bank is available at: https://halykbank.kz/en/about/leadership [1].
***
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, on the London Stock
Exchange since 2006 and Astana International Exchange since October 2019.
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 9,234.8 billion as at 31 December 2019, Halyk Bank
is Kazakhstan's leading lender. The Bank has the largest customer base and
broadest branch network in Kazakhstan, with 626 branches and outlets across
the country. The Bank operates in Georgia, Kyrgyzstan, Russia, Tajikistan
and Uzbekistan.
For more information on Halyk Bank, please visit https://www.halykbank.kz
[2]
- ENDS-
For further information, please contact:
Halyk Bank
Viktor Skryl +7 727 259 04 27
ViktorSk@halykbank.kz
Mira Kassenova +7 727 259 04 30
MiraK@halykbank.kz
Margulan Tanirtayev +7 727 259 04 53
Margulant@halykbank.kz
ISIN: US46627J3023
Category Code: MSCL
TIDM: HSBK
Sequence No.: 65974
EQS News ID: 1055071
End of Announcement EQS News Service
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(END) Dow Jones Newswires
May 26, 2020 00:47 ET (04:47 GMT)
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