Samruk-Kazyna Board Management approves new structure

Samruk-Kazyna Board Management approves new structure

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15 January 2018

15 January 2018, Astana. The Board Management of Sovereign Wealth Fund Samruk-Kazyna JSC has approved a new structure. Under the new structure, the number of Managing Directors has been reduced from 10 to 5, the number of departments and structural units has been decreased from 37 to 27, and one position of the Deputy Chairman of the Management Board has been introduced.

The organizational structure has been changed to increase mobility and management efficiency, deepen the process of Samruk-Kazyna’ Transformation Programme, introduce a vertical structure of asset management, and improve the economic efficiency of national companies within the Fund's structure.

The new structure was put in place on January 11, 2018.