Kazakh Fortebank Appointed New Chairman Of The Board

New Management in Kazakhstan’s Kassa Nova Bank

The Board of Directors of Kazakh ForteBank appointed Magzhan Auezov to the post of the new Chairman of the Board, according to the bank’s message.

Talgat Kuanyshev, who headed the Board since December 2015, was dismissed from this post.
At the same time, Guram Andronikashvili was appointed as the First Deputy Chairman of the Board. Meanwhile Sholpan Nurumbetova, who served as Deputy Chairman of the Board, leaved the board. She will serve as the Chairman of the Board of Bank Kassa Nova.

ForteBank is one of the largest banks in Kazakhstan, which was created in 2015 through the merger of Alliance Bank, Temirbank and ForteBank.

The bank has 19 branches and 150 offices in all the regions of Kazakhstan which provide services both to individuals and legal entities.

Kazakh Fortebank Appointed New Chairman Of The Board

Magzhan Auezov, photo Kapital.kz

Mr. Magzhan M. Auezov served as the Chairman of the Management Board at Jsc Kazkommertsbank from March 31, 2015 to April 12, 2016 and its Chief Executive Officer from April 1, 2015 to April 12, 2016. Mr. Auezov served as Managing Director of Jsc Kazkommertsbank since November 2002. Mr. Auezov served as the Chairman and Member of Management Board at BTA Bank JSC from February 26, 2014 to April 8, 2015. Mr. Auezov is one of the most effective managers in the banking sector. He served various positions with ABN AMRO Bank in Kazakhstan and Country Head of Loan Products, Head of Trade & Commodity Finance, Relationship Banker for Commodities and Industrials. He has been the Chairman and Director of Moskommertsbank since 2009. He has been an Independent Director of ForteBank JSC since November 17, 2016. He served as a Director of Jsc Kazkommertsbank from May 4, 2015 to April 12, 2016. He served as a Director of Joint-Stock Company Insurance Company Kazkommerts-Policy since April 2016 until April 12, 2016. Mr. Auezov holds Master of International Banking and Finance from Columbia University, Bachelors Degree in International Economics from Georgetown University and a Diploma in International Affairs from Kazakh State National University. Mr. Auezov is a graduate of ABN AMRO Academy (Amsterdam) and has completed an Executive Development Program at Wharton School of Business, University of Pennsylvania (Philadelphia).

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