EDB appoints a new Managing Director for Project Activities

Almaty, 7 November 2012. Kanat Dosmukametov was appointed Eurasian Development Bank’s (EDB) Managing Director for Project Activities. He will manage the arrangement of finance for large infrastructure projects in Kazakhstan, Kyrgyzstan and Tajikistan.

Kanat Dosmukametov was born in 1973 in Alma-Ata. In 1994 he graduated from the Kazakh State Management Academy specialising in economics. In 2006 he became a candidate of economics.

In 1994—2004 Mr Dosmukametov was lead and chief economist and then head of a division, deputy head of a department, deputy director of the banking supervision department, head of the coordination department, and deputy director of the financial supervision department at the National Bank of the Republic of Kazakhstan.

In 2004—2006 he was deputy chairman of the Agency of the Republic of Kazakhstan for the Regulation and Supervision of the Financial Market and Financial Institutions.

In 2006—2007 Mr Dosmukametov was managing director at the SAFC investment company. In 2007 he came to the Kazagro National Company as deputy chairman. The same year he became chairman of the board at Neftebank (Delta Bank).

In 2009—2012 he was chairman of the Treasury Committee of the Ministry of Finance of the Republic of Kazakhstan.

From February 2012 and until he joined EDB, Mr Dosmukametov was managing director at Samruk-Kazyna.

At different times he was member of management bodies at a number of Kazakh companies and banks: chairman of the board of directors at Pana Insurance, member of the board of directors at the Development Bank of Kazakhstan, the Kazexportgarant Export Credit Insurance Corporation, the Investment Fund of Kazakhstan, Alliance Bank, and Temir Bank.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.