By the decision of the Board of Directors of “Central-Asian power energy company” JSC (“CAPEC” JSC) on 12 October 2017 Ms. Valeriya Kim was assigned to the position of the President.

Election of new executive body was within the frames of scheduled rotation of senior executives. Ms. Valeriya Kim has longstanding experience in financial sphere of Kazakhstan. Held managerial positions in “Bank “Caspian” JSC, “Eurasian Development Bank”, “MASTERBANK” JSC, “Holding corporation “NEFTEGAZSTROY” LLP.

Previously, in the period of 2007 – 2017 Ms. Valeriya Kim were holding a position of independent director – member of the Board of Directors of “CAPEC” JSC and actively participated in its activity.

At the position of the President of “CAPEC” JSC Ms. Kim will preserve consistency of operations in managing by subsidiary and related organizations, continue implementation of strategic priorities of multi industry activities of the company implementing modern and efficient instruments of management.

For reference:

Joint-stock company “Central-Asian power-energy company” is a large Kazakhstan multi industry holdings, uniting enterprises in power, finance and chemical industries.

The Company owns shares of “Central-Asian Electric Power Corporation” JSC, “Eximbank Kazakhstan” JSC, “Investment House “Astana-Invest” JSC, “Caustic” JSC, “Pavlodar-Vodokanal Severnyi” LLP.