AIFC LSE

Corporate Governance

The corporate governance system of Samruk-Kazyna JSC protects the rights and provides investors with prompt and reliable information about profit, management principles and the state of affairs in the company, minimizes and eliminates possible risks of interests and rights of shareholders.


Новая методика С внедрением нового Кодекса корпоративного управления перед портфельными компаниями Фонда появляются новые задачи

Эффективность В результате трансформации Фонд должен превратиться из операционного холдинга в стратегический холдинг

Эффективность В результате трансформации Фонд должен превратиться из операционного холдинга в стратегический холдинг

IN THE PART OF CORPORATE GOVERNANCE
THE FUND IS OPERATING 6 PROJECTS:


New methodology With the introduction of the new Corporate Governance Code, the Fund's portfolio companies face new challenges

После введения нового Кодекса корпоративного управления перед портфельными компаниями стоят новые задачи, требующие более высоких стандартов для реализации.

Эффективность В результате трансформации Фонд должен преобразоваться из операционного холдинга в стратегический холдинг.

Устойчивое развитие АО «Самрук-азына» - Фонд национального благосостояния. Поэтому Компании Фонда должны ответственно вести свой бизнес и увеличивать ценность своего портфеля как для нынешнего, так и для будущих поколений Казахстана.

Прозрачность Прозрачность - один из основных моментов, интересующих инвесторов и заинтересованных сторон. Внедрение информационной этики и культуры ответственного управления данными - необходимый подготовительный этап к IPO.

Отчеты Качество годовых отчетов напрямую влияет на прозрачность, поэтому были пересмотрены как содержание, так и способы их представления. Ближайший этап - внедрение годовых отчетов по стандартам GRI.
Management bodies
The corporate governance system in Samruk-Kazyna JSC includes management, control and responsibility of management bodies in all companies of the Fund at all levels:




The Government of the Republic of Kazakhstan is the Sole Shareholder of Samruk-Kazyna JSC, empowered to approve the Fund's development strategy, appoint directors and general director, approve financial results and receive dividends;
The Board of Directors provides general management of the company and delegates day-to-day operational tasks to the Management Board, which is headed by its CEO.

Fund Management Board

The Council under the management of the Sovereign Welfare Fund “Samruk-Kazyna” is an advisory body chaired by the First President of the Republic of Kazakhstan - Elbasy. The main task of the Council is to develop proposals to improve the competitiveness and efficiency of the Samruk-Kazyna JSC.


Nursultan Nazarbayev


First President of the Republic of Kazakhstan - Elbasy, Chairman of the Fund Management Board

Members of the Fund Management Board:

Askar Mamin



Prime Minister of the Republic of Kazakhstan

Erlan Koshanov



Head of Administration of President of the Republic of Kazakhstan

Satkaliev Almasadam



Chairman of the Board of the Sovereign Welfare Fund Samruk-Kazyna JSC»

BOARD OF DIRECTORS

Governance

Management

Committees of the Board of Directors

Audit Committee
Chairman: Sutera Luca
Independent Director.
Member: Ong Boon Hwee
Independent Director.
Nomination and Remuneration Committee
Chairman: Dudas Jon
Independent Director.
Member: Bozumbayev Kanat
Aide to the President of the Republic of Kazakhstan;
Mazhibayev Kairat
Independent Director;
Sutera Luca
Independent Director.
Special Committee
Chairman: Sultanov Bakhyt Member: Bergenev Adylgazy
Zhanadil Ernar
Tuleshov Gabdulkumyt
Kiyakbaeva Ardak
Bushmuhambetova Ainur
Karymsakov Beıbıt
Issayev Bakhtiyar
Transformation Program Oversight Committee
Chairman: Dudas Jon
Independent Director.
Member: Bozumbayev Kanat
Aide to the President of the Republic of Kazakhstan;
Ong Boon Hwee
Independent Director.
Strategy Committee
Chairman: Dalenov Ruslan
Member of the Board of Directors;
Member: Dudas Jon
Independent Director;
Mazhibayev Kairat
Independent Director
Ong Boon Hwee
Independent Director.

Organizational structure

Board of Directors
CEO
Corporate Secretary Service
Internal Audit Service
Ombudsman
Advisor to the CEO
Compliance Service
Department of Security and Protection of State Secrets
Secretariat of the Chairman of the Management Board
Deputy CEO
Co-Managing Director for Procurement
HR Department
Public Relations and Marketing Communications Department
Procurement Control and Monitoring Department
Government Relations Department
Director of Assets Development Department – Member of the Management Board
Assets Development Department
Managing Director for Assets Management and Privatization
Assets Management Directorate
Assets Privatization and Restructuring Department
Managing Director for Logistics and International Cooperation
Transport and Logistics Directorate
Department for International Cooperation
Managing Director for Economy and Finance - Member of the Management Board
Co-Managing Director for Economy and Finance – Member of the Management Board
Economy and Planning Department
Accounting and Financial Reporting Department
Corporate Finance Department
Treasury Department
Managing Director for Strategic Development
Strategic Development Department
Managing Director for Legal Support and Risks - Member of the Management Board
Legal Support and Methodology Department
Corporate Governance Department
Risk Management and Internal Control Department
Managing Director for Digitalization and Transformation

Samruk-Kazyna JSC
Corporate Governance Code

In 2015 the Fund adopted
a new Corporate Governance Code after extensive and in-depth discussion.
From January 1, 2017 in the annual reports of the Fund and Portfolio Companies compliance
with the Code must be disclosed.