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Kazkommertsbank CEO resigns

JSC Kazkommertsbank said April 12 that Magzhan Auezovresigned from hisroles as CEO and a board director of the bank and as a board member at JSCKazkommerts Policy.

Auezov resigned from all hisexecutive and directorship roles in the group due to his election as chairmanof the Association of Financiers of Kazakhstan at an April 11 general meetingof the association's members.

Kazkommertsbank Managing DirectorAdil Batyrbekov became acting CEO.