Roles of the Board members

The CEO, being the sole executive member of the Board, is responsible for the day-to-day management of the company, being also in charge of reviewing, defining and submitting strategic options that contribute to the development of the company and its subsidiaries.

The CEO is authorized to independently represent the Group, with the possibility to delegate his managing function for certain operations or categories of operations to certain third parties.

The Non-Executive Members of the Board mainly have the following duties:

  • to participate in determining the strategy and general policies of the company; 

  • to supervise the management position and the general affairs of the company and its subsidiaries.

In support of its activity, the Board of Managing Directors established specialized committees, such as the Audit Committee, the Appointment and Remuneration Committee, the Strategy and Innovation Committee and the Finance and Investment Committee.

Management Structure

The company has a unified management system, including 6 (six) Managing Directors, one of whome is Executive (the Chief Executive Officer - CEO) and 5 Non-Executive Managing Directors.

The Non-Executive Managing Directors include one independent, who is of paramount importance from Corporate Governance perspective, as he provides well-grounded opinions in his area of expertise in support of management decisions, offering an increased protection of the interests of shareholders and other stakeholders, as well as an adequate guarantee for third parties.

The unified management system existing at the level of KMG International N.V. is mirrored at the level of the Group’s subsidiaries.



Mr. Kazutin holds the position of Non-Executive Managing Director and the Chairman of KMG International Board of Directors.

He is currently the Managing Director for Legal Support, Counselling and Risks within the Samruk-Kazyna JSC, offering legal support for all the reforms carried out in the Fund and effective protection of the Fund’s interests in international arbitration.

He has many years of experience in legal, consulting and financial structures, such as Amanat Insurance Industrial Group, PricewaterhouseCoopers Tax & Advisory, Asia Waters Company, East Kazakhstan Regional Energy Company, etc.

Mr. Kazutin graduated from the Kazakh Economic University named after T. Ryskulov with a degree in Accounting and Audit in 2003.


Executive Managing Director
Mr. Ilyas Kuldzhanov is also the Chief Executive Officer of the KMG International Group.
His expertise, built over a decade in oil and gas sector, was gathered on various management positions in the Kazakhstan National Welfare Fund - Samruk-Kazyna, KazMunayGas, Petroleum Operating, and Citigroup.

During 2013 and 2014, he was the Advisor of the General Manager of KMG International, being familiar both with the activities and operations of the Group, but also with the particularities of the industry in Romania and in the region.
Ilyas Kuldzhanov graduated from the Omsk State University majoring in International Economics, Moscow State University for International Relations majoring in International Economic Relations, Kazakhstan-British Technical University - majoring in Petroleum Engineering and he is currently studying for a Ph.D. degree in the same field at the Nazarbayev University, Nur-Sultan, Kazakhstan.


Non-Executive Managing Director

Mr. Lavrenov is the Deputy Chairman of the Management Board of JSC NC “KazMunayGas”.

He has a substantial in-house legal experience in many companies, holding different managerial positions: Head of Legal Department, Chief Legal Advisor of the Kazakhstan Branch of Bateman Kazakhstan Oil and Gas Company B.V., Director of the Legal Service of the oilfield services company Integra Management CJSC (Representative Office in Kazakhstan), Director of the Legal Department and General Counsel of Eastcomtrans Group.

He was also a partner in Grata Law Firm LLP and Senior Partner, Consultant at Greenline Services Ltd in Budapest.

Mr. Lavrenov graduated from the Kazakh State Law Academy in 2000.

In 2004, he also obtained the degree in International Law from Duke University School of Law and Kyushu University in Japan.


Non-Executive Managing Director

Mr. Kairdenov has an extensive experience of almost 30 years in the oil and gas industry.

He is the Deputy Chairman of the Management Board of JSC NC “KazMunayGas” for Oil Refining and Petrochemicals.

Mr. Kairdenov started his career at the Atyrau Refinery, where he climbed his career ladder from a Process Unit Operator to the refinery Manager. His professional career is strongly connected to the unit in Atyrau, where he held the position of the CEO, between 2012 and 2013 and in 2021.

From 2008 to 2012, he was the Deputy CEO and the CEO of Rompetrol Rafinare S.A.

Through his career, he had many job responsibilities such as the Director of the Technical Development Department, the Managing Director for Oil Refining and the Director of the Oil Refining and Petrochemicals Department of JSC NC “KazMunayGas”.

Mr. Kairdenov graduated from the Kazakh Institute of Chemical Engineering with a degree in Chemical Technology of Carbon Materials. In 2003, he graduated from the Russian Presidential Academy of National Economy and Public Administration majoring in Oil and Gas Business.


Independent Non-Executive Managing Director

Mr. Emile Wolff has over 20 years of experience in consulting services in areas such as project management in the oil industry, technical maintenance, engineering, innovations and IT systems. Currently he runs his own company, Emile Wolff B.V., providing consulting services, with focus on: project & program management, post-merger integration, innovation, business management and improvement, mentoring/coaching. He has been a member of the Board of Directors of KMG International N.V. since November 2014.

Mr. Wolff was born in 1950 in Amsterdam, The Netherlands. He graduated from the Delft Technical University, The Netherlands, and majored in industrial engineering. He is a member of the Royal Dutch Society of Engineers.


Non-Executive Managing Director

Mr. Arman Saulebay has graduated in 2004 the Kazakh Humanities and Law University, in Astana, Faculty: Jurisprudence followed by the Kazakh National Technical University, in Almaty, Faculty: Economics and Management. He also added various advanced training courses and seminars to his educational background in such areas as: project management, strategic management system, effective corporate governance, structuring international business and corporate acquisitions, financial and economic modeling.

Mr. Saulebay gathered extensive experience in managerial positions mainly within oil and gas companies: NC KazMunayGas JSC, Karagandy CCI LLP, KMG Global Solutions B.V., KazMunayGas Refining, and Marketing JSC, TH KazMunaiGaz N.V. He had various responsibilities in such areas like asset management restructuring, implementation of M&A projects, management of the department of strategy, risk management and transformation, implementation of development projects for the oil-refining sector, including coal and petrochemical projects.