Executive Management

Ilyas Kuldzhanov

Chief Executive Officer

Mr. Kuldzhanov is responsible for the strategic leadership and performance of the Group, globally, as a sustainable company focused on energy solutions considering the current market challenges.

His expertise, built over a decade in oil and gas industry, 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.

Adrian Tohănean

Chief Financial Officer

In this role, Mr. Tohănean will provide expertise and strategic leadership in managing the financial activities at the Group level, ensuring both the supervision of financial operations and their integrity.

With over 20 years of professional experience, Mr. Tohănean has demonstrated exceptional expertise in managing financial performance and optimizing strategic processes at the Group level.

Mr. Tohănean graduated from the Bucharest Academy of Economic Studies with a degree in business administration and, in parallel, from the French-Romanian Institute of Management (Branch of the University Institute Management Professional Clermont-Ferrand, France) with the title of engineer-master, specialization in business management.

Adrian Tohănean joined the KMG International Group in 2007, during which he held several managerial positions, including Planning and Performance Management Manager, Budget and Reporting Manager, Financial Director of the Trading Division, and Deputy Chief Financial Officer of the Group.

Bauyrzhan Nugumanov

Chief Marketing & Retail Officer (Interim)

Mr. Nugumanov is responsible for defining and implementing the business strategy in the retail and marketing unit in line with the KMG International strategy, aiming to achieve the established business objectives.

With a professional experience of almost 15 years, he joined the company in 2022 as Retail Director. Soon after, he was appointed General Manager of Rompetrol Downstream, maintaining this position besides the current responsibilities.

Previously, he held management roles in multinational companies with expertise in the oil and gas industry, and leaders in the oil products market in Kazakhstan and Romania.

Mr. Nugumanov has graduated from the Economic University of Kazakhstan, Faculty of Finance-Credit, as well as the London Guildhall University, holding a Master's degree in Banking and International Finance.