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Kazkommertsbank names interim CEO

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Kazkommertsbank names interim CEO

said April28 that it appointed Abay Iskandirov first deputy CEO of the bank and interimCEO.

Iskandirovwill be acting as CEO from April 29 until Marc Holtzman, appointed to the post earlier in April, obtainsnecessary regulatory approvals to assume the position.

Thebank also confirmed the appointment of its major shareholder, Kenges Rakishev,as chairman of the board of directors to replace Holtzman, who will continue tosit on the board as its member.