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Changes in the Senior Management of BTA Bank

15.08.2011

Almaty, August 15, 2011. Today BTA Bank (the “Bank”) announced changes in senior management. Pursuant to resolutions made on July 29, 2011 at the Bank’s Board of Directors meeting, Mr. Marat Zairov was appointed as a Chairman of the Management Board starting from August 15, 2011. Mr. Anvar Saidenov who headed the Management Board and was a member o the Board of Directors until now has been appointed to the position of the Chairman of the Board of Directors. Mr. Arman Dunaev decided to resign as Chairman of the Board of Directors.

According to the members of the Board Directors of BTA Bank, Mr Saidenov as a head of the Board of Directors will considerably contribute to the achievement of long-term strategic goals of this financial institution. The appointment of Mr. Marat Zairov, who has an experience in the Kazakh banking sector, as a Chairman of the Management Board will help maximize the efficiency and profitability of the Bank and help restore BTA’s positions in the financial services market.

Mr. Anvar Saidenov said: “I would like to commend Mr. Arman Dunayev’s important contributions to the Bank’s negotiations with creditors during the debt restructuring process. I am sure that appointment of Mr. Marat Zairov as a Chairman of the Management Board who is well known in the Kazakh financial market will contribute to the qualitative solutions for new tactical tasks of the bank”.

Mr. Marat Zairov considers his appointment for this position as a “serious professional challenge and an opportunity to contribute to the post-crisis recovery of BTA Bank –a financial institution that has a great influence on the economy of the country as a whole”.

Prior to his appointment to the Management Board of BTA Bank 43-year old Kazakh banker Mr. Marat Zairov held key positions in leading Kazakh banks including long-term work as Deputy Chairman of the Management Board of JSC Halyk Bank and Chairman of JSC Nurbank.

Media contacts:
tel.: 7(727) 266 79 85, 266 47 99
e-mail: pr@bta.kz
www.bta.kz

CV of the Chairman of the Management Board of BTA Bank Marat Zairov

Date of Birth: May 31, 1968; place: Aktubinsk, Kazakhstan. Married, has 5 children.

Professional experience:
   
August 15, 2011 was appointed as Chairman of the Management Board of BTA Bank JSC
2009–2011 Nurbank JSC, Chairman of the Management Board
2000–2009 Halyk Bank JSC, Deputy Chairman of the Management Board
1998–2000 Bank TuranAlem CJSC, Deputy Chairman of the Management Boar
1997–1998 Temirbank JSC, Deputy Chairman of the Management Board
1997 Bank TuranAlem CJSC, Deputy Chairman of the Management Board
1993 –1997 Kazkommertsbank JSC, Director of Credit and Branch Management Department

Eximbank Kazakhstan, Director of Credit Agreement and Guarantee Examination Department

Alem Bank Kazakhstan, Head of Credit Division

Alemsystem, Head of Financial and Economic Division

Ministry of Economy of the Republic of Kazakhstan, Head of International Economic and Financial Organizations Relations Department
Education:
   
1997 – 2000 Kazakh state law academy, qualification “lawyer”
1995 - 1998 Economic Institute of the Republic of Kazakhstan, Ph.D. in economics.
1985 – 1992 Moscow State University named after M. Lomonosov, faculty of economics, qualification “economist, political economy teacher”, honorable diploma.