About the Fund
Sovereign Wealth Fund Samruk-Kazyna Joint Stock Company is the Fund, where the sole shareholder is the Government of the Republic of Kazakhstan.
Following the Presidential Decree in 2008, the Fund was established as a business corporation — an investment holding, whose Mission is to improve the national welfare of the Republic of Kazakhstan and to support the modernization of the national economy.
We work in partnership and trust the team;
We put team interests over personal ones;
We build long-term and trusted relations with all stakeholders.
We are careful with everything that surrounds us;
We operate trustfully and respectfully;
We obey laws and respect traditions.
We keep our promises;
We do what we say;
We are honest and fair.
We select worthy professionals;
We give everyone opportunity to speak up regardless of his/her role;
We reward results.
We work smart at the high quality bar using best practices and technologies;
We take responsibility and act to create value;
We are curious, we learn constantly and develop the Fund.
Code of Conduct of the Sovereign Wealth Fund “Samruk-Kazyna” JSC
The Code of Conduct is a more comprehensive guide, which, in addition to ethical standards, incorporates standards of conduct and the obligations of the Fund's employees, a FAQ section and further explanatory statements.
The document is risk-oriented and was developed on the basis of internal assessment of compliance risks and in line with OECD anti-bribery and corruption guidelines.
Bakytzhan SagintayevPrime Minister of the Republic of Kazakhstan – Chairman of the Board of Directors
Alikhan SmailovMember of the Board of Directors
Bakhyt SultanovMember of the Board of Directors
Timur SuleimenovMember of the Board of Directors of “Samruk-Kazyna” JSC
Sir Richard EvansMember of the Board, Independent Director of Samruk-Kazyna JSC
Alper AkdenizMember of the Board, Independent Director of "Samruk-Kazyna" JSC
Wilhelm BenderMember of the Board, Independent Director of "Samruk-Kazyna" JSC
Akhmetzhan YessimovMember of the Board, Chairman of the Management Board of Samruk-Kazyna JSC
Reports and plans
History of the Fund
02.09.201102.02.2011Establishment of the Samruk-Kazyna Finance
23.01.201423.01.2014Start of the Transformation Programme
23.01.2015A new organisation model of the Fund was introduced and presented23.01.2015Start of the assessment and design stage for the Transformation Programme of the Fund and its portfolio companies
23.01.2016Fund’s transition to a new operational model