Kazakhstan Kagazy
Republic of Kazakhstan
050060, Almaty
154a Nauryzbay Batyr street, 5th floor

Phone: +7 (727) 244 87 87
Fax: +7 (727) 244 87 82


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Kazakhstan Kagazy names Manghi as chairman, Bogday as CEO

2008-04-30

Thomson Financial

LONDON (Thomson Financial) - Kazakhstan Kagazy Plc. said Alessandro Manghi has been appointed as its new chairman and Yuriy Bogday as chief executive, replacing Baglan Zhunussov and Maksat Arip, the group's principal shareholders in their respective roles.

The industrial group said five new directors have been appointed for its Almaty-based Kazakh operating unit -- Kazakhstan Kagazy JSC.

At this unit, the two new independent non-executive directors are Azamat Baidildayev and Madina Sypatayeva, and the three new executive directors are Yuriy Bogday, Alexander Valitov and Shynar Dikhanbayeva.

These changes are subject to Kazakhstan Kagazy Plc. shareholder approval at its AGM.



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