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The representatives of China Citic Bank Corporation Ltd. joined the Management Board of Altyn Bank JSC
Two representatives from the shareholder of Сhina Citic Bank Corporation Ltd. took the position of Deputy Chairman of the Management Board of Altyn Bank JSC.
“My new deputies are seasoned executives with extensive experience in the banking and financial sector. I strongly believe that these appointments will help to further strengthen the position of Altyn Bank as one of the most reliable and fastest growing foreign banks in Kazakhstan,” said CEO Marat Almenov.
Mr. Hu Cefeng, previously held senior position in the Asset and Liability Management Department at China Citic Bank Corporation Ltd, was appointed as First Deputy Chairman of the Management Board of Altyn Bank JSC. He has a degree in International Economics, Trade and Finance from the Beijing Foreign Languages University and an MBA degree from the Renmin University of China.
Mr. Jia Fei, previously the head of the Finance and Accounting Department at China CITIC Bank Corporation Ltd., was appointed as Deputy Chairman of the Management Board of Altyn Bank JSC, where he will oversee the bank’s operational and financial unit. He has a PhD in Business Administration from the Beijing University of Science and Technology.
CITIC (China International Trust and Investment Corporation) is one of the largest national investment corporations in China. CITIC’s main objective is to attract and utilize foreign capital, introduce advanced technologies, and adopt advanced international practice in operation and management. CITIC Group has 44 subsidiaries, including CITIC Bank. Founded in 1987, CITIC Bank offers a number of banking products and services to large corporate clients and individuals in China, Hong Kong and other countries.
Altyn Bank JSC (subsidiary of China CITIC Bank Corporation Ltd), previously subsidiary of HSBC Bank Kazakhstan, has been operating on the financial market of Kazakhstan for 20 years. Altyn Bank JSC is the 14th biggest bank by asset size and has the highest ratings (Fitch – “BBB-”, Moody’s – “Ba1”). Altyn Bank JSC was the first in Kazakhstan to launch a full-fledged digital bank Altyn-i offering a complete range of financial services to individuals. Serving both corporate and retail customers, the bank has 4 branches in Almaty, Astana, Atyrau and Aktau and 2 additional offices in Almaty.
For more information, please contact:
Altyn Bank JSC (subsidiary bank of China CITIC Bank Corporation Limited)
Head Of Marketing department
Tel. +7 (727) 356 62 73, (ext. 11 120)
Mob. + 7 (702) 18 16 127