New Board of Directors of JSC «MFO «KMF»

Almaty, August 29, 2024 – Joint Stock Company «MFO «KMF» announces the election of a new Board of Directors at an official meeting held on August 26, 2024. The new Board of Directors is designed to foster further strengthening and development of the company with respect to the current market trends and the strategic goals of JSC «MFO «KMF».

Almaty, August 29, 2024 – Joint Stock Company «MFO «KMF» announces the election of a new Board of Directors at an official meeting held on August 26, 2024. The new Board of Directors is designed to foster further strengthening and development of the company with respect to the current market trends and the strategic goals of JSC «MFO «KMF».

The new Board of Directors includes the following members:

1. Gulnara Shamshieva – Chairperson of the Board of Directors
   Gulnara Shamshieva has an experience in management and financial sector, and is a strategist with a deep understanding of the microfinance markets.
2. Andrew Pospielovsky – Member of the Board of Directors
   Andrew Pospielovsky has a vast experience in managing and supervising banking and financial institutions on an international level. He specializes in strategic planning, risk management and audit.
3. Philipp Georg Pott – Member of the Board of Directors
   Philipp Georg Pott has an extensive experience in finance industry, specializing in innovations and digital transformation of banking services. His experience encompasses strategic planning and large-scale project management.
4. Joachim Bald – Member of the Board of Directors
   Joachim Bald has an ample experience in finance industry, including microfinance and banking for small and medium-sized businesses. He also possesses a vast experience in strategic development and risk management.
5. Olena Malynska – Member of the Board of Directors
   Olena Malynska has a significant experience in finance, especially in the field of asset management and corporate governance. She actively participated in the development of the strategies for large-scale financial institutions and possesses extensive knowledge in the risk management.
6. Constantine Tsereteli – Member of the Board of Directors
   Constantine Tsereteli is known for his success at strategic development and transformation of the banking institutions, as well as at the change and innovations management.

The elected Board of Directors will play a crucial role in the further development of JSC «MFO «KMF», leading the company towards attaining goals and strengthening its market positions.

The Board will work on improving the quality of customer service, product and service development, and strengthening of the corporate governance and risk management.