October 12, 2017, Astana. Samruk-Kazyna JSC ("the Fund") and the Fund's CEO, Umirzak Shukeyev, have been ranked 15th in the Sovereign Wealth Fund Institute's (SWFI) Top 100 Public Investors List 2017.
The fifth annual Public Investor 100 includes the most significant and impactful public investor executives of 2017. The list assembles the most influential people at some of the largest sovereign funds, endowments, foundations and central banks around the world. Each ranking focuses on a number of areas including innovation, returns, investment projects, unique programmes, transparency, leadership, policy and initiatives undertaken.
Baljeet Kaur Grewal, Managing Director for Strategy and Portfolio Management, Member of the Management Board, Samruk-Kazyna JSC, commented:
"We are delighted that Samruk-Kazyna has been ranked among the world's top fifteen public investors in 2017, ahead of many of its peers, which is an excellent acknowledgement of our efforts to improve the efficiency and transparency of our operations. We believe that this achievement was made possible by the Fund’s transformation programme, both at the Fund itself and across its portfolio companies, which has also played a driving role in the acceleration of our strategic performance as a whole. Thanks to the optimization from the transformation programme, Samruk-Kazyna is implementing its privatisation programme with greater economic benefit, has introduced global best practice in corporate governance and, more importantly, has a similar return on equity to the world's leading sovereign wealth funds."
The full Top 100 Public Investors List 2017 is available here.At the beginning of 2017, Samruk-Kazyna received the highest possible rating (10 points) on the SWFI’s Linaburg-Maduell Transparency Index. This index of rating transparency was developed in 2008 and has since been used worldwide, by sovereign wealth funds in their official annual reports and statements, as the global standard benchmark.