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Kazakhstan's Kaspi Bank acquires status of bank holding company

One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.

Kazakhstan's Kaspi Bank acquires status of bank holding company
Saken Akhmetov. Photo courtesy of the press office of Nurbank.
New Chairman of Nurbank appointed

Chairman of the Management Board of Nurbank Kantar Orynbayev has voluntarily resigned, Deputy Chairman Saken Akhmetov replaced him.

New Chairman of Nurbank appointed
Photo © mgorod.kz
Mass axing of oil worker taking place in Aktobe

Kazakh-Chinese oil company Velikaya Stena in Aktobe in Kazakhstan's west is laying off many workers.

Mass axing of oil worker taking place in Aktobe
ECB to double number of women in top positions: report

The European Central Bank, under fire for being largely a men's club, plans to double the number of women in its top ranks.

ECB to double number of women in top positions: report
Airport Management Department established in Kazakhstan

11 airports are being transferred under the Department's jurisdiction.

Airport Management Department established in Kazakhstan
Akorda (Kazakhstan President's residence). Photo by Marat Abilov©
A Block of career officials formed in Kazakhstan

Today's meeting of the National Commission for Personnel Policies was chaired by the head of the Presidential Administration Karim Massimov.

A Block of career officials formed in Kazakhstan
Photo courtesy of gosexpertiza.kz
Singapore company to manage economic zones in Atyrau and Taraz

Singapore company JURONG will manage special economic zones in Ayrau and Taraz.

Singapore company to manage economic zones in Atyrau and Taraz
Chairman of Kazakhstan State Service Agency Alikhan Baimenov. Photo courtesy of primeminister.kz
Third of top government offiials to be replaced in Kazakhstan

30 percent of the public officials whose positions have been transferred to the A Block in Kazakhstan have not passed the tests.

Third of top government offiials to be replaced in Kazakhstan
Kuandyk Bishimbayev. ©sk.kz
New Baiterek holding to attract investments to State Industrialization Program

National Management Holding Baiterek will be established in Kazakhstan.

New Baiterek holding to attract investments to State Industrialization Program
Aleksander Mashkevich. Photo by Yaroslav Radlovskiy©
Kazakhstan lacks qualified project managers: Mashkevich

Shareholder of the Eurasian Natural Resources Corporation Aleksander Mashkevich suggests to start training project managers in Kazakhstan.

Kazakhstan lacks qualified project managers: Mashkevich
Nursultan Nazarbayev. Photo by Marat Abilov©
Nazarbayev suggests transferring public universities to foreign management

Nazarbayev suggests to transfer some of Kazakhstan's public universities to foreign corporations and national companies for management.

Nazarbayev suggests transferring public universities to foreign management
Chairman of Samruk-Kazyna Umirzak Shukeyev. ©pm.kz
Samruk-Kazyna to replace 30% of its managing directors

Samruk-Kazyna National Welfare Fund may replace one third of its managing directors.

Samruk-Kazyna to replace 30% of its managing directors
Photo courtesy of <a href="http://mgorod.kz/" target="_blank">MGorod.kz</a>
Managing Director of Kashagan's agent NCPOC resigns

Managing Director of NC Production Operations Company (NCPOC) that develops Kashagan field has announced his resignation.

Managing Director of Kashagan's agent NCPOC resigns
Kazakhstan Majilis deputy Aigul Solovyova. Photo by Yaroslav Radlovskiy©
Kazakhstan to adopt Polish local government experience

A memorandum of experience exchange in local self-government has been signed between Poland and Kazakhstan.

Kazakhstan to adopt Polish local government experience
Photo by Danial Okassov©
Samruk-Kazyna mulls dividing its affiliated companies into public and non-public

This was suggested by an independent director of KazTransGas at the meeting of independent directors of Samruk-Kazyna group of companies with the Fund's chairman.

Samruk-Kazyna mulls dividing its affiliated companies into public and non-public
Photo courtesy of wordpress.com
221 women head administrations in Kazakhstan

Of course, men rule the world. But men are ruled by women anyway: Nursultan Nazarbayev.

221 women head administrations in Kazakhstan
Bangladesh arrests fire factory managers amid protests

Thousands of workers protested for a third day Wednesday after Bangladesh's worst garment factory fire as police arrested three managers over claims they stopped employees from leaving the burning plant.

Bangladesh arrests fire factory managers amid protests
Gulzhan Moldazhanova. ©RIA Novosti
Almaty-born Moldazhanova among TOP-25 Russia's most expensive top managers

46-y.o. Kazakhstan-born Moldazhanova was ranked 23rd with an annual income of $4 million.

Almaty-born Moldazhanova among TOP-25 Russia's most expensive top managers
Head of iPhone software out in Apple shakeup

Apple on Monday announced that the executive in charge of Maps, Siri and other software in its culture-changing iPhones is leaving as part of a shakeup in the upper ranks of the company.

Head of iPhone software out in Apple shakeup
US charges Iran with 'economic mismanagement'

The US on Monday accused Iran of extreme economic mismanagement as biting sanctions wreak havoc on the Iranian economy, and the European Union agreed a new slew of moves against the regime.

US charges Iran with 'economic mismanagement'