Development of corporate governance is one of the key areas of the Transformation programme of Samruk-Kazyna JSC.
According to the experts’ opinions, Corporate Governance Code of Samruk-Kazyna JSC is a progressive instrument in its field in Kazakhstan. The quality of corporate governance and investment appeal of portfolio companies of the Fund will be enhanced significantly by adhering to the principles laid down in the code.
In order to improve the corporate governance of Kazakhstan Temir Zholy (Kazakhstan Railways/KTZ), substantial review of procedures has been undertaken with respect to reporting for the Board of Directors of the company.
The consensus among experts was that the previous reporting form was complicated and difficult to comprehend. New reporting package launched in September, 2016 was structured according to the requirements placed upon the listed companies and expectations of international analytics. Moreover, it has already proved to be an irreplaceable decision-making tool on the highest level of the company.
Christian Kuhn, who is an Independent Director and Member of the Board of Directors of JSC NC KTZ, shares his opinion on this topic in the video.