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Sovereign Wealth Funds Briefing - Categorized | Market, People

Kazakhstan’s BTA Bank said to consider Balapanov as new CEO

Posted on 16 March 2012

BTA Bank (BTAS), the Kazakh lender that’s seeking to restructure its debts for a second time in as many years, may name former Kazkommertsbank Managing Director Yerik Balapanov as its new chief executive officer, said two people with knowledge of the matter.
Kazakh sovereign wealth fund Samruk- Kazyna took over BTA in February 2009, two months before default by the nation’s largest bank at the time. ……………………………………….Full Article: Source


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