Yerzhan TATISHEV Memories

Kazakhstan BTA Bank  / Yerzhan Tatishev Memories

Dear customers and partner organizations of Bank TuranAlem

On December 19, 2004, Bank TuranAlem suffered a heavy loss. Our beloved Chairman and the leader, Yerzhan TATISHEV, who was in the command of Bank TuranAlem since 1997, died in an accident while hunting.

International shareholders of Bank TuranAlem, European Bank for Re-construction and Development (EBRD), International Finance Corporation (IFC), Neder-landse Financierings Maatschappij Voor Ontwikkelingslanden (FMO), Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG) and Raiffeisen Zentralbank Oesterreich AG (RZB) express their deepest condolences to Yerzhan TATISHEV's family and BTA's staff.

Yerzhan TATISHEV was an outstanding person, a real professional; he was set to build a bank that could be a benchmark for other financial institutions. Within almost 8 years, Bank TuranAlem achieved outstanding results. As of today, Bank TuranAlem is one of the largest private banks in Kazakhstan and the CIS. Bank's name is becoming well known beyond Kazakhstan and the CIS. Our partners and investors include the largest financial institutions of Europe, Americas and Asia.

Bank TuranAlem was Yerzhan TATISHEV's life-long dream. That is why we feel a strong sense of responsibility towards all of our customers and partners. We believe we pos-sess everything in order to fulfil all that Yerzhan had planned. Professional and dedicated management team, strategy and your support will help Bank TuranAlem to overcome these troubled times and implement our hopes and plans for the future.

We are grateful for your support.


European Bank for Reconstruction and Development:

"It is with great sadness that I have received news of the death of Mr. Yerzhan Tatishev, Chairman of the Bank TuranAlem's Management Board. Please accept my personal condolences and those of EBRD's Board and staff. I should be grateful if you would convey our sorrow to Mr. Tatishev's family and to the staff of the Bank TuranAlem.
Since EBRD started work with Bank TuranAlem shortly after privatisation, Bank TuranAlem has become one of its most important partners in the region. Mr. Tatishev was very important in the establishment of this relationship.
Despite Mr. Tatishev's loss, I am certain that the Bank will continue to implement its strategy and that EBRD and Bank TuranAlem will continue to cooperate in an active and productive manner."

Jean Lemierre

"On behalf of FMO's Management, FMO's Regional Team for Europe and Central Asia, we herewith convey our condolence to the family, friends and colleagues of Mr. Y. Tatishev. May his soul rest in peace.
We wish his familiy, friends and colleagues all the strength."

Senior Investment Officer
Europe & Central Asia

International partners

Islamic Development Bank:
"It was a great sorrow for me to learn about the sudden death of Mr. Yerzhan Tatishev. Having known him and worked with him since 1998 I knew him as an excellent professional and sincere personality. I would like to take this opportunity to convey my condolences to his family and the staff of the Bank TuranAlem."

Country Officer (Kazakhstan, Kyrgyzstan, Tajikistan & Turkmenistan)
Country Operations Department-1

"Please accept our condolences. You must be devastated by the sudden death of Mr. Tatishev. He was a remarkable young man. It is very-very sad."

Elena MAS
Emerging Markets

Rabobank International:
"On behalf of Rabobank, please accept our deepest condolences with respect to the sudden death of your esteemed Chairman. In our hearts, he will be always remembered as a brave, enthusiastic, creative, and progressive banker of the young Republic of Kazakhstan."

Global Structured Trade Finance and Financial Insti-tutions

"I as most desperately sorry to read about the tragedy of Yerzhan Tatishev. Thoughts will be with you all."


"Please accept our deepest condolences. It is a tragedy not only for BTA but for Kazakhstan, as well."


"Please accept our sincere condolences. Please also pass our words of support to the family."


GarantiBank International N.V.:
"… Please accept our sincerest condolences for the loss of your chairman and leader. We were very saddened by this unexpected accident, and our sympathies are with his family and fellow BTA colleagues."


"… My commiserations to you and everyone at BTA for your loss."

Executive Director
Debt Origination CEEMA

Fitch Ratings:
"Let us express to you and you colleagues our deepest condolences for Mr. Yerz-han Tatishev's tragic death. In Russia's business community, Yerzhan was known as a good man and a professional."

Fitch Ratings CIS

"I am completely shocked by his (Yerzhan Tatishev's) unexpected death. I will al-ways remember him not only as a founder of BTA and a very professional banker but also as a very kind person with a great sense of humor. My thoughts and prayers are with him, his family and all my friends at BTA. If there is any thing in which we can help you at the moment please let me know.
I wish all of you strength in these hard times."

Hans van der LEY

"Further I would like to express my sincere condolences for the loss of your chair-man. I learned from my colleagues that Mr Yerzhan Tatishev was a very amicable per-sonality and a very good professional as well. A true loss for all of you."

Vice President
WCS-Global Commodity Finance
Structured Pre-Export Finance

Fortis Bank NV/SA:
"We learn with deep sorrow the accidental death of your Chairman, Mr. Yerzhan Tatishev.
Please, accept all our sympathy and condolences for such a tragedy for your Bank and for Mr. Tatishev's family and friends.
I met Mr. Tatishev in Almaty and at the EBRD annual meetings, and I have ap-preciated his broad view on the evolution of his country and the development of Bank TuranAlem.
Please convey to Mr. Saduakas Mameshtegi all our appreciation in his agreement to take over the responsibilities of the late Mr. Tatishev, as acting Chairman of the Man-agement Board.
Be sure that in these difficult moments, Fortisbank remains at the utmost disposal of your good bank."

F.de Pierpont
Head of Regions North Africa, Middle East and Iran, Cen-tral Europe, Accession Countries and Turkey, South Eastern Europe, CIS coun-tries and Central Asia, Latin America, Institutional Banking and Funds

Bank of Tokyo-Mitsubishi:
"We were sorry to learn of Mr. Yerzhan Tatishev tragic death and wish to express our deepest sympathy on behalf of The Bank of Tokyo-Mitsubishi. We appreciate the honour he brought to Bank TuranAlem by his achievements. Please accept our condolences."

Toru Shinagawa
Moscow Representative Office

"With a deep regret and sorrow I learned about the sudden death of Yerzhan Tatishev. I met Yerzhan at the World Bank annual meeting in Washington and was very impressed by his human qualities and vision. Yerzhan will be missed by all of us in Ka-zakhstan and abroad. My thoughts are with his family and friends."

Senior Syndications Officer

Yapi Kredi Bank Nederland N.V.:
"It is indeed a very sad occasion for all of us, the passing away of Mr. Yerzhan Tatishev, the Chairman of the Management Board of Bank TuranAlem. The Management and staff of Yapi Kredi Bank Nederland N.V. would like to con-vey our sincere condolences to you and all the staff of Bank TuranAlem for this sorrowful event. May the Almighty God rest his soul in peace."

Financial Institutions

Credit Suisse:
"In the name of Credit Suisse we would like to express to the staff of BTA and to his family our deepest condolences of the sudden death of Mr. Tatishev. We shall always remember him as an outstanding banker which contributed a lot to the development of the banking system in Kazakhstan. We wish Mr. Mameshtegi and his colleagues all the best in continuing Mr Tatishev's life work. Credit Suisse will do its best to support you in this process."

Vice President


Certificate of State Re-registration of Legal Entity, issued by the RK Ministry of Justice on 24 January, 2008