Management Board
GRI 2-9GRI 202-2GRI 405-1The Management Board of Kcell JSC is the Company’s collegial executive body responsible for overseeing its day-to-day operations. The Company recognises the need for strong leadership, which is provided by the Chief Executive Officer, who also serves as the Chair of the Management Board.
In its activities, the Management Board is guided by the principles of legality, integrity, good faith, prudence, consistency, professionalism, and objectivity. Its members fully respect the interests of shareholders and remain fully accountable to both the General Meeting of Shareholders and the Board of Directors.
In 2024, the Management Board held 83 meetings and adopted a total of 306 resolutions.
Members of the Management Board
During 2024, the following changes occurred in the Management Board:
- On 10 July 2024, the powers of Azamat Dauletovich Uysumbaev, Chief Director for Corporate Affairs and member of the Management Board of Kcell JSC, were terminated ahead of schedule.
- On 15 July 2024, the powers of Askhat Arkhatovich Uzbekov, Chief Executive Officer and Chairman of the Management Board of Kcell JSC, were terminated ahead of schedule.
- On 5 August 2024, the powers of Damir Shamilievich Mullashev, Chief Financial Officer and member of the Management Board of Kcell JSC, were terminated ahead of schedule.
- On 1 October 2024, the powers of Kirill Valerievich Strashenko, Chief Technical Director and member of the Management Board of Kcell JSC, were terminated upon the expiry of his employment contract, at his own initiative.
The following appointments were made by the Company’s Board of Directors:
- Askar Serikovich Zhambakin was appointed Chief Executive Officer and Chairman of the Management Board of Kcell JSC, effective 15 July 2024.
- Sabigat Maratovich Rakhmetov was appointed Chief Financial Officer and member of the Management Board of Kcell JSC, effective 16 August 2024.
- Dauren Mukhamedkalievich Shaikhin was appointed Chief Director for Corporate Affairs and member of the Management Board of Kcell JSC, effective 12 August 2024.
As of 31 December 2024, the Management Board consisted of six members: five men and one woman.
Members of the Management Board as of 31 December 2024
|
Askar Serikovich Zhambakin |
Chairman of the Management Board, Chief Executive Officer |
|
Sabigat Maratovich Rakhmetov |
Member of the Management Board, Chief Financial Officer |
|
Olga Vyacheslavovna Tsoy |
member of the Management Board, Chief Commercial Officer |
|
Dauren Mukhamedkalievich Shaikhin |
member of the Management Board, Chief Director for Corporate Affairs |
|
Daniyar Kadylkhanovich Ibrayev |
member of the Management Board, Chief Security Officer |
|
Malik Alimzhanovich Amardinov |
member of the Management Board, Chief Director for Digital Development |
Biographies of the members of the Management Board
Date of birth: 19 October 1985
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
Mr Zhambakin was appointed Chief Executive Officer and Chairman of the Management Board of Kcell JSC on 15 July 2024.
He holds a degree in Multichannel Telecommunications Systems from the Almaty Institute of Energy and Communications, a Master’s degree in Management and Information Systems from the University of Manchester, and a diploma in Organisational Leadership from Saïd Business School, University of Oxford.
Mr Zhambakin began his career as a communications technician at Air Kazakhstan and later worked as an engineer at Mobile Telecom-Service LLP (Tele2/Altel). He held various roles at HSBC Bank Kazakhstan, focusing on strategy and business process transformation. He performed similar functions at Beintech LLP, a subsidiary of BI Group, and led the Customer Experience Development Department at Qazkom JSC.
He also held senior positions at the Development Bank of Kazakhstan and served as Deputy Director of the Department for Management and Development of Payment Systems at the National Bank of Kazakhstan.
Prior to joining Kcell, he served as Vice Minister of Digital Development, Innovation and Aerospace, where he was responsible for the digital transformation of public administration, business process reengineering, and data governance.
Date of birth: 27 December 1988
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
Mr. Sabigat Rakhmetov was appointed Chief Financial Officer of Kcell JSC effective 16 August 2024.
He graduated with honours in Finance from the Kazakhstan Institute of Management, Economics and Forecasting (KIMEP).
Mr. Rakhmetov brings over 13 years of experience in finance and investment, mergers and acquisitions, financial and economic analysis, transaction structuring, and portfolio asset management, including international investment portfolio oversight.
He began his career at PricewaterhouseCoopers Tax & Advisory LLP (PwC) in 2011. He subsequently spent over six years at the Sovereign Wealth Fund Samruk-Kazyna JSC, rising to the position of Director of the Department for Investment and Business Support.
Prior to joining Kcell, from 2022 he served as Director of the Investment and Strategy Group at KazMunayGas International N.V. in Bucharest, Romania.
Date of birth: 26 November 1982
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
Ms. Tsoy holds a higher education degree and an MBA from KIMEP University. She has 17 years of experience in the commercial sector across a range of industries, including 13 years in leadership roles: 3 years in FMCG and retail, 8 years in telecommunications, 3 years in consulting (FinTech and InsureTech), and 3 years in the banking sector. In 2023, she was appointed Director of the Retail Business Department at Kcell JSC.
Date of birth: 31 July 1986
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
In 2016, Mr. Shaikhin earned a Master’s degree from the Kazakhstan North British Technical University and later received an MBA from the Booth School of Business at the University of Chicago.
He has over 15 years of experience across financial markets, corporate finance, risk management, operations, and procurement. Throughout his career, he has successfully developed and implemented corporate strategies, enhanced financial portfolios, and optimised operational processes, contributing to business growth and profitability.
Mr. Shaikhin began his professional journey in 2008 as a lead broker in Kazakhstan’s securities market at Eurasian Capital JSC. In 2018, he served as Deputy Financial Director at Kcell JSC. Since 2023, he has held the senior position of Deputy Chairman of the Management Board at Republican Center of Space Communication JSC in Astana, Kazakhstan).
Date of birth: 14 July 1979
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
Mr. Ibrayev was appointed Chief Security Officer and member of the Management Board of Kcell JSC on 23 June 2022.
He graduated in 2000 from the Military Institute of the National Security Committee of the Republic of Kazakhstan (now the Border Service Academy of the NSC) with a degree in Telecommunications Engineering. In 2007, he earned a Bachelor of Law degree from Kazakh Humanitarian and Law University in Nur-Sultan. Mr. Ibrayev joined Kcell JSC in 2020, where he served as Advisor to the Strategic Development Department and Chief Expert of the Security Department. Prior to that, he held various positions at the Single Accumulation Pension Fund JSC and previously worked in government agencies.
Date of birth: 27 October 1986
Nationality: Republic of Kazakhstan
Shareholding in the Company: None
Mr. Amardinov was appointed Chief Director for Digital Development and member of the Management Board of Kcell JSC on 15 September 2022.
He holds two higher education degrees. In 2008, he graduated from the Banking Academy of Alatau Kazakhstan University with a degree in Finance. In 2016, he earned a degree in Computer Engineering and Software from Kazakhstan Engineering and Technology University. Mr. Amardinov has 16 years of experience in the IT sector, including 12 years in senior leadership roles within the banking industry. Prior to joining Kcell, he served as Executive Director and Chief IT Architect at ForteBank, where he successfully led the bank’s IT development and coordinated over 10 project teams.