Kazakhstan's Zaman Bank sees significant leadership and ownership changes

Zaman Bank in Kazakhstan has undergone major personnel and shareholder shifts. Gulfaïrouz Assaeva, CEO since 2018, has stepped down. Majority shareholder Alan Abgužinov increased his stake to over 85%. Assaeva remains an advisor, while the bank is seeking regulatory approval for a new CEO. The changes occurred between July and October 2026.

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