Aidar Arifkhanov
Aidar Arifkhanov

Chairman of the Board of Directors

Marcia Elizabeth Christian Favale
Marcia Elizabeth Christian Favale

Member of the Board of Directors- Independent Director

Antonio Somma
Antonio Somma

Member of the Board of Directors, Independent Director

Anvar Saidenov
Anvar Saidenov

Member of the Board of Directors, Independent Director

Abay Sarkulov
Abay Sarkulov

Chairman of the Management Board of the Development Bank

Rustam Karagoishin
Rustam Karagoishin

Member of the Board of Directors

Marat Omarov
Marat Omarov

Member of the Board of Directors

Committees under the Board of Directors

The Audit Committee was created to facilitate efficient supervision by the Bank’s Board of Directors of financial and economic activities of the Bank, availability and operation of an adequate system of internal audit and risk management within the Bank, contribution to strengthening the internal and external audit. 

Composition of the Committee:

  • М. Favale – Chairman of the Committee;
  • A. Saidenov – Member of the Committee;
  • A. Somma – Member of the Committee;
  • R. Karagoishin – Member of the Committee; 
  • M. Omarov – Member of the Committee.

The main aim of creating and activity of the Risk Management Committee is to assist the Board of Directors in implementation of its regulatory and supervisory functions in in terms of availability and functioning of an adequate risk management system within the Bank, to improve and strengthen the risk management system, as well as the risk analysis.

Composition of the Committee:

  • A. Somma – Chairman of the Committee;
  • A. Saidenov – Member of the Committee;
  • М. Favale – Member of the Committee;
  • R. Karagoishin – Member of the Committee; 
  • M. Omarov – Member of the Committee;
  • A. Dzhamalbekov – Expert of the Committee.

Committee on Staff, Remuneration and Social Issues of the Development Bank of Kazakhstan JSC is an advisory body of the Board of Directors which was created in order to improve the efficiency of the company development management by preparing recommendations to the Board of Directors in respect of staff and motivation policy, addressing issues of appointment and remuneration falling under competence of the Board of Directors.

Composition of the Committee:

  • A. Saidenov– Chairman of the Committee;
  • М. Favale – Member of the Committee;
  • A. Somma – Member of the Committee;
  • R. Karagoishin – Member of the Committee; 
  • M. Omarov – Member of the Committee; 
  • A.M. Dzhamalbekov – Expert of the Committee.
     

The Committee was created to prepare recommendations for the Board of Directors in terms of determining key directions of activities (development), strategic goals (development strategy) of the Bank, including issues of development of activities enhancing efficiency of the Bank's activities in the mid and long-term perspectives.

Composition of the Committee:

  • М. Favale – Chairman of the Committee;
  • A. Saidenov – Member of the Committee;
  • A. Somma – Member of the Committee;
  • R. Karagoishin – Member of the Committee; 
  • M. Omarov – Member of the Committee.

For the effective organization of work, the Board of Directors has established 4 permanent committees for risk management, audit, personnel, remuneration and social issues and strategic planning.

The activities of all committees are governed by internal documents approved by the Board of Directors containing provisions on the composition, competence, procedure for electing committee members, the procedure for work of the committees, and the rights and obligations of their members.

Internal regulatory documents