Kazakh Stock Exchange head resigns

15:42 13 Yanvar 2016
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Baku, Azerbaijan, Jan. 13

By Elena Kosolapova – Trend:

Powers of Yeszhan Birtanov, the chairman of the management board at the Kazakhstan Stock Exchange (KASE), were terminated ahead of time at his own request, KASE said Jan. 13.

Birtanov resigned in connection with his transfer to another job.

Natalya Khoroshevskaya, the deputy chairman of the KASE management board, was elected the board’s acting chairperson.

KASE is the only stock exchange in Kazakhstan, operating on the financial market. Securities of over 130 companies are rated at KASE and more than 40 brokerage companies participate in trades there.

Trade volume at KASE stood at 91.972 trillion tenges ($429.624 billion) in 2015, doubling compared to 2014 (by 1.6 times in dollar terms).

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