Foreigners Removed from KazTransOil Board of Directors
Photo: Elements.envato.com
Previously, the board included citizens of the United States and Switzerland, Orda.kz reports.
The KazTransOil website indicates that a new board of directors was elected at the general meeting of shareholders held on November 25.
The updated board includes Kainar Kozhumov, the research center's managing partner, and Amir Bozzhigitov, the son of the former Ambassador of the Republic of Kazakhstan to Kyrgyzstan.
Nurlan Akhanzaripov is the third independent director.
Kozhumov and Bozzhigitov replaced two foreign citizens previously on the board of directors: Timothy Glenn Miller and Adrien Freyssinet.
In November, KazTransOil reported its profit for the first three quarters of 2024. The company's income from transporting Kazakhstan's oil fell by almost five percent.
Original Author: Igor Ulitin
Latest news
- Kazakhstan’s IT Market Slows After Years of Rapid Growth, but Salaries Keep Rising
- Why the Oil Price Spike Did Not Help Kazakhstan’s Budget Much, the Ministry Explained
- Why More Women in Kazakhstan Are Working Beyond the 40-Hour Week
- Drone Strikes on CPC Drag Down Kazakhstan’s Oil and Gas Output
- New Parking Rules Approved in Astana: How Much Will Drivers Pay and Who Is Exempt?
- Shell and Eni Replaced in Karachaganak Gas Plant Project
- Economist Calculates How Much Income Kazakhstanis Actually Keep
- Samruk-Kazyna Raises 3 Billion Yuan on AIX in Record-Low Panda Bond Deal
- Kazakhstan to Build Four New Airports by 2028
- State-Owned Plant in Atyrau Tried to Buy Sturgeon Caviar for Nearly 150 Million Tenge
- Chaos and Delays at the Border: Kazakhstan Wants to Bring Queues Under Control With New Rules
- Major Illegal Migration Channel Dismantled in Shymkent
- “A Shameful Sight”: Dump Near Altyn-Emel Caught on Video
- Kazakhstan Is Preparing to Increase the Scrap Fee on Cars From Russia
- Work Permits For Migrants To Go Fully Online As PSCs End Service
- Kazakhstanis Expect Higher Inflation but Remain Optimistic About the Future
- Support For Rural Doctors Doubles Amid Staffing Shortage
- South Korean Shareholder To Inject 4.7 Billion Tenge Into Kazakhstan’s Only Loss-Making Bank
- Tokayev Finishes Uzbekistan Trip With Focus on Trade and Environmental Cooperation
- Kashagan Operator Accused Of Stalling Sulfur Fine Pending Washington Arbitration