Halyk Bank of Kazakhstan Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Umut Shayakhmetova

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	15.3yrs
CEO ownership	n/a
Management average tenure	5.8yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

Industry Analysts Just Upgraded Their JSC Halyk Bank (LON:HSBK) Revenue Forecasts By -13%

Apr 21

CEO

Umut Shayakhmetova (54 yo)

15.3yrs

Tenure

Ms. Umut Bolatkhanovna Shayakhmetova serves as Chief Executive Officer at JSC Halyk bank. She has been Chairman of Management Board - HR, Strategic Office, Legal, Compliance and Risk Management of JSC Haly...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Umut Shayakhmetova	CEO, Chairperson of Mgt Board - HR	15.3yrs	no data	no data
Murat Koshenov	Dep. Chairman of the Mgmt. Board & Dep. CEO – Fin.	9.7yrs	no data	no data
Aivar Bodanov	Dep. Chairman of the Mgmt. Board & Dep. CEO – Security	6.2yrs	no data	no data
Yertay Salimov	Dep. Chairman of Mgmt. Board & Dep. CEO - Ops.	9.3yrs	no data	no data
Dauren Sartayev	Deputy Chairman of the Management Board & Deputy CEO - SME & Transactional Banking	5.8yrs	no data	no data
Zhumabek Mamutov	Deputy Chairman of Management Board & Deputy ?EO - Retail Banking and Soft Collection	4.6yrs	no data	no data
Nariman Mukushev	Deputy Chairman of Management Board and Deputy CEO - Digital Govt. Services	2.1yrs	no data	no data
Olga Vuros	Deputy Chairperson of Management Board & Deputy CEO - Corporate Banking	2.1yrs	no data	no data
Roman Maszczyk	Deputy CEO	2.1yrs	no data	no data
Pavel Cheussov	Chief Accountant	no data	no data	no data
Margulan Tanirtayev	Investor Relations Chief Manager	no data	no data	no data
Mira Kassenova	Head of Financial Institutions & International Relations	no data	no data	no data

5.8yrs

Average Tenure

49yo

Average Age

Experienced Management: HSBK's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Umut Shayakhmetova	CEO, Chairperson of Mgt Board - HR	15.1yrs	no data	no data
Alexander Pavlov	Independent Chairman of the Board	20.2yrs	no data	no data
Franciscus Cornelis Kuijlaars	Independent Director	15.1yrs	no data	no data
Arman Dunayev	Independent Director	10.7yrs	no data	no data
Piotr Romanowski	Independent Director	4yrs	no data	no data
Zhomart Nurabayev	Representative Director	less than a year	no data	no data
Hermann Tischendorf	Independent Director	less than a year	no data	no data
Zhaksybek Kulekeyev	Independent Director	less than a year	no data	no data

7.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: HSBK's board of directors are considered experienced (7.3 years average tenure).

Halyk Bank of Kazakhstan Management

Management criteria checks 2/4

Key information

Recent management updates

Halyk Bank of Kazakhstan Joint Stock Company, Annual General Meeting, Apr 25, 2024

Halyk Bank of Kazakhstan Joint Stock Company, Annual General Meeting, Apr 25, 2024

Halyk Bank JSC Announces Board Changes

JSC Halyk Bank Announces Directorate Appointments

Insufficient new directors

Insufficient new directors

Recent updates

Halyk Bank of Kazakhstan Joint Stock Company Approves Dividend for the Year 2023, Payable on 3 June 2024

A consortium of buyers that are the part of the Visor International DMCC completed the acquisition of OJSC Halyk Bank Kyrgyzstan from Halyk Bank of Kazakhstan Joint Stock Company (LSE:HSBK).

Full year 2023 earnings released: EPS: ₸2,544 (vs ₸2,034 in FY 2022)

Halyk Bank of Kazakhstan Joint Stock Company, Annual General Meeting, Apr 25, 2024

Halyk Bank of Kazakhstan Joint Stock Company, Annual General Meeting, Apr 25, 2024

Halyk Bank of Kazakhstan Joint Stock Company to Report Fiscal Year 2023 Results on Mar 15, 2024

Halyk Bank JSC Announces Board Changes

Third quarter 2023 earnings released: EPS: ₸632 (vs ₸498 in 3Q 2022)

Visor International DMCC reached an agreement to acquire OJSC Halyk Bank Kyrgyzstan from Halyk Bank of Kazakhstan Joint Stock Company (LSE:HSBK).

Halyk Bank of Kazakhstan Joint Stock Company to Report Q3, 2023 Results on Nov 17, 2023

Price target increased by 8.5% to US$22.25

Halyk Bank of Kazakhstan Joint Stock Company (LSE:HSBK) acquired 50% stake in Open Networks Ltd.

Second quarter 2023 earnings released: EPS: ₸650 (vs ₸577 in 2Q 2022)

Halyk Bank of Kazakhstan Joint Stock Company to Report Q2, 2023 Results on Aug 16, 2023

JSC Halyk Bank Announces Directorate Appointments

First quarter 2023 earnings released

Consensus EPS estimates increase by 44%

JSC Halyk Bank to Report Q1, 2023 Results on May 16, 2023

Industry Analysts Just Upgraded Their JSC Halyk Bank (LON:HSBK) Revenue Forecasts By -13%

Consensus revenue estimates increase by 12%

Price target increased by 11% to US$19.10

Consensus revenue estimates increase by 28%

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to US$17.48

International Bank of Tajikistan CJSC completed the acquisition of CJSC Halyk Bank Tajikistan from JSC Halyk Bank (LSE:HSBK).

Third quarter 2022 earnings released: EPS: ₸498 (vs ₸367 in 3Q 2021)

Halyk Bank to Sell Tajikistan Subsidiary

Insufficient new directors

JSC Halyk Bank to Report Q3, 2022 Results on Nov 18, 2022

Price target decreased to US$16.05

Investor sentiment improved over the past week

Second quarter 2022 earnings released

JSC Halyk Bank to Report Q2, 2022 Results on Aug 16, 2022

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues miss analyst expectations

JSC Halyk bank to Report Q1, 2022 Results on May 17, 2022

Insufficient new directors

JSC Halyk bank (LSE:HSBK) agreed to acquire Retail Loan Portfolio of Sberbank from Sberbank of Russia (MISX:SBER).

JSC Halyk bank Announces Management Changes

Investor sentiment improved over the past week

Consensus revenue estimates fall by 17%

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to US$21.53

JSC Halyk bank, Annual General Meeting, Apr 22, 2022

Investor sentiment deteriorated over the past week

JSC Halyk bank to Report Fiscal Year 2021 Results on Mar 14, 2022

Jsc Halyk Bank Announces Board Changes

Investor sentiment deteriorated over the past week

JSC Halyk bank (LSE:HSBK) announces an Equity Buyback for 845,775,546 shares, representing 7.2% for $14,192.11 million.

Third quarter 2021 earnings released

Price target increased to US$23.20

Second quarter 2021 earnings released: EPS ₸440 (vs ₸256 in 2Q 2020)

Price target increased to US$21.43

First quarter 2021 earnings released: EPS ₸331 (vs ₸277 in 1Q 2020)

Consensus forecasts updated

Price target increased to US$19.23

New 90-day high: US$14.25

Full year 2020 earnings released: EPS ₸1,206 (vs ₸1,146 in FY 2019)

Joint Stock Company Halyk Savings Bank of Kazakhstan, Annual General Meeting, Apr 23, 2021

Joint Stock Company Halyk Savings Bank of Kazakhstan to Report Fiscal Year 2020 Results on Mar 12, 2021

Analysts lower revenue estimates to ₸545.9b

Investor sentiment improved over the past week

New 90-day high: US$12.35

New 90-day high: US$11.90

Third quarter 2020 earnings released: EPS ₸303

Joint Stock Company Halyk Savings Bank of Kazakhstan to Report Q3, 2020 Results on Nov 16, 2020

New 90-day low: US$9.90

New 90-day low: US$10.40

New 90-day low: US$10.60