The chairman of the board at Nurbank is expected to change soon, reports LS.
By decision of the board of AFRFR, Eldar Sarsenov is approved to acquire the status of a major (indirect) participant in Nurbank, allowing him to acquire a 100% stake in LLP "JP Finance Group". This, in turn, allows for the indirect acquisition of 87.87% of the total issued (excluding preferred and repurchased) shares and/or voting shares of the bank.
However, after this, Sarsenov must step down as chairman of the board of Nurbank.
Note: Eldar Sarsenov was appointed chairman of the bank's board on November 30, 2015
Source: © LS