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 may contribute to the development of the company and its subsidiaries. 

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 8 (eight) Managing Directors of which one executive (the Chief Executive Officer – CEO) and 7 Non-Executive Managing Directors.

The non-executive managing directors include four independent who are of paramount importance from Corporate Governance perspective, as they provide well-grounded opinions in their area of expertise in support of management decisions, offering as well an increased protection of the interests of shareholders and other stakeholders and 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. 

DANIYAR BERLIBAYEV

Chairman, Non-Executive Managing Director
 
Mr. Daniyar Berlibayev currently holds the position of Deputy Chairman of the Corporate Center within The National Company KazMunayGas JSC, where he is in charge of priority directions for strategic development, international collaboration, and interaction with bodies of state authority and with the Sole Shareholder Samruk-Kazyna JSC. 

Mr. Berlibayev has been Chairman and Non-Executive Managing Director of KMG International N.V. since May 2012, being also a member of the KazTransGas JSC Board of Directors.

BEIMBET SHAYAKHMETOV

Executive Managing Director
 
Mr. Beimbet Shayakhmetov holds also the position of CEO of KMG International Group. He was born in 1969 and graduated from the Kazakh Polytechnic Institute, qualification “Software engineer, automated control systems” and he also holds a Master’s degree issued by the Rutgers University (USA). Mr. Shayakhmetov started his career as Manager of the Research, Information and Planning Department within the National Investment Committee. During the period 1998-2000, he held the position of Asset Management Department Director and Investment Department Director within the company “Kazakhoil” CJSC, whereas between 2000 – 2002 he was appointed as Senior Vice-President within the company “UzenMunayGas” PJSC.

Between May 2002 and March 2003, he was appointed as Corporate Governance Executive Director within National Company “KazMunayGas” CJSC in Kazakhstan. Between 2003 and 2008, he held management positions, respectively Deputy General Manager within several oil and gas companies, namely: Marine Oil Company “KazMunayTeniz” CJSC, “KazRosGas” JSC and KazTransGas” JSC. As of February 2008 and until 2015, he held the position of General Manager of the company “Asian Pipeline” LLP and he subsequently was appointed as General Manager within the company North West Pipeline “MunayTas” JSC.

ZHANAT TUSSUPBEKOV

Non-Executive Managing Director

Mr. Zhanat Tussupbekov has solid professional experience in managerial positions, having spent the past 11 years in the oil and gas industry. Between May 2012 – 2nd December 2019, Mr. Tussupbekov held the position of Chief Executive Officer of KMG International N.V., also being a member of the company’s Board of Managing Directors. Due to his contribution to the management and organization of KMG International, the company has registered record financial and operational results in the last years, being one of the most successful oil companies in Romania and one of the most important players in the Black Sea and Mediterranean regions. Between February 2011 and February 2012, Mr. Zhanat Tussupbekov held the position of General Manager and Chairman of the Management Board of KazMunayGas – Refining and Marketing. In 2005, Mr. Tussupbekov was appointed as Executive Manager of the Trade House KazMunayGas JSC – the retail company responsible for the distribution of petroleum products in Kazakhstan. As of February 2012, Mr. Zhanat Tussupbekov holds the position of Advisor for the Chairman of the Management Board of National Company KazMunayGas JSC.

Mr. Zhanat Tussupbekov holds a Bachelor of Laws degree from the Karaganda State University and a Bachelor’s degree in Economics from Gumilyov Eurasian National University, ENU. He holds a Master’s degree in “Chemical Technology of Organic Substances” from the University of Technology and Business in Kazakhstan. He has been awarded the ”Kurmet” honorary recognition and the ”Activist Emeritus within the oil-gas sector” medal.

AZAMAT ZHANGULOV

Non-Executive Managing Director

Mr. Azamat Zhangulov held the position of Senior Vice President of KMG International N.V. until the end of 2016. In this role, Mr. Azamat Zhangulov coordinated the implementation of the Group's long-term strategy, developed in line with the business objectives of the sole shareholder, NC KazMunayGas JSC. Having an experience of over 13 years in the oil and gas industry, Mr. Zhangulov has been holding senior managerial positions for more than 11 years within the KazMunayGas group of companies, including the following job titles: Director for Corporate Development and Investment Management Director. Mr. Azamat Zhangulov is specialized in the Oil and Gas Business, graduating from the Kazakh State Academy of Management and majoring in International Economics.

JOHAN FREDERIK LODEWIJK FROWEIN

Independent Non-Executive Managing Director

Mr. Johan Frederik Frowein has a wide professional experience in the oil sector, as he has successfully held various managing positions so far, such as retail account manager, project manager, marketing and sales manager or managing director within some internationally reputable oil companies like the SHELL Group. He is currently a member of the KMG International N.V. Board of Directors, which he joined in 2011. Mr. Frowein was born in 1956 in The Hague, the Netherlands. He attended HAVO and graduated in 1976, being involved in a series of other professional trainings and courses on management issues.

EMILE EDUARD WOLFF

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. At present, 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 Delft Technical University, The Netherlands, and majored in industrial engineering. He is a member of the Royal Dutch Society of Engineers.

RAMON DIEGO MENDES DE LEON

Independent Non-Executive Managing Director

Mr. Ramon Mendes de Leon has solid professional expertise in a global & listed business organization and has 25 years of international management experience with over 10 years of expatriate postings to Brazil, Switzerland, and the UK. His main competencies regard finance and general management, M&A, integration, system implementation, financing, and project management. He has been a member of the Board of Directors of KMG International N.V. since November 2014. Mr. De Leon was born in 1959, in Maastricht, The Netherlands. He graduated from the University of Amsterdam, with a degree in Economical Science and Finance (final degrees in monetary and international economics), and attended several courses, programs, and studies in corporate financial strategy, business leadership, executive development, IFRS accountancy.

ARMAN SAULEBAY

Independent Non-Executive Managing Director

Mr. Arman Saulebay has graduated in 2004 the Kazakh Humanities and Law University, in Astana, Faculty: Jurisprudence followed by Kazakh National Technical University, in Almaty, Faculty: Economics and Management. He also added various advanced training courses and seminars to his educational background in areas such 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 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.