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Anvar Saidenov appointed BTA Chairman of the Management Board

16.02.2009 /  Press-service  

The meeting of the Board of Directors of JSC BTA Bank held today voted to appoint former Governor of the National Bank Anvar Saidenov Chairman of BTA Management Board. The appointment was made in compliance with Kazakhstan’s Banking Act.

Mr. Saidenov will be succeeding Roman Solodchenko, who has been appointed Deputy Chairman of the Management Board.

BTA Chairman of the Board of Directors Arman Dunayev had this to say on the appointment: "Having seasoned veterans of the financial sector on our management team will be a good thing and help us strengthen our position in the market".

In his turn, Mr. Saidenov stated that his first priority would be to use all his experience to help BTA retain its leadership positions in Kazakhstan and CIS.

Born in 1960, Mr. Saidenov graduated from the M.V. Lomonosov Moscow State University’s Faculty of Economics and University of London and held posts of Banker with the London-based European Bank of Reconstruction and Development, Executive Director of the State Investment Committee, Chairman of Agency for Investments, Vice Minister of Finance, Chairman of the Management Board of Halyk Savings Bank of Kazakhstan, and Deputy Governor and Governor of the National Bank.

BTA Group – is a leading banking network within the CIS.

As of Q3 2008, BTA Bank's consolidated assets were equal to KZT 3 671bn ($30,6bn), credit portfolio amounted to KZT 2 814bn ($23,5bn). As of Q3 2008, BTA Bank's consolidated net profit comprised KZT 35,2bn ($293ml).

The network of BTA’s partner banks extends to Russia, Ukraine, Belarus, Georgia, Armenia, Kyrgyzstan and Turkey. BTA’s representative offices operate in Russia, Ukraine, China and UAE.

The bank has one of the largest branch networks in Kazakhstan (22 branches and 279 service outlets) along with an extensive chain of ATMs (787) and self-service terminals (160). BTA serves near 1.3 million retail and 150,000 corporate clients.

In 2008, BTA moved 100+ positions up in the rankings of the world’s top banks by The Banker, from the 295th position a year before to its current 173th spot. In 2006 and 2007, BTA was named the "Bank of the Year in the CIS", based on a poll of the Commonwealth’s leading financial experts by the Itogi magazine, and the "Best Bank in Central Asia" by Euromoney. The Oxford, UK-based European Business Assembly awarded to BTA its 2007 "Best Enterprise of Europe" in the banking sector of Eurasia.

For media contacts:
Kalamkas Tuleshova
BTA Bank
Public Relations Department,
International Activity
Tel.: +7 (727) 266-47-99
Fax. +7 (727) 250-12-55
Email: tuleshova@bta.kz