The Sovereign Wealth Fund of Kazakhstan Samruk-Kazyna Appoints CTPartners to Strengthen Management Team ?f the Holding company and its Subsidiaries
NEW YORK, NEW YORK - October 30, 2013, The Sovereign Wealth Fund of Kazakhstan, Samruk-Kazyna, has engaged CTPartners in a strategic talent acquisition initiative to manage a number of senior leadership searchesincluding HR management, risk management, financial control, change management, in the Fund, as well as business development in telecommunication, electrical energy industry and development of chemical industry.
Samruk-Kazynais a Sovereign Wealth Fund incorporated as a joint stock company in Kazakhstan. The Fund owns, either in whole or in part, most of the country's key companies including the national rail system, Air Astana (a joint venture with BAE Systems) as well as both the long distance electricity network operator KEGOC and one of the main energy generators, Samruk-Energo.
Says, Martin Mendelsohn, Moscow-based Partner with global search firm CTPartners:
"The country's Fund is an emerging global player. This talent management initiative is designed to augment its portfolio companies and strengthen the Fund over the long term, across geographies and markets."
Commenting on the appointment, Umirzak Shukeyev, CEO and Chairman of the Board, Samruk-Kazyna:
"Samruk-Kazyna is increasing its agility by expanding the management team. By being in the best possible position to respond to new challenges, we are ultimately increasing the value of our portfolio companies. We intend to attract top class managers from all over the world to work with us. We are convinced that the talent and professionalism of these people will accelerate the achievement of our ambitious goals. Working with them will increase the overall professionalism of the SK group management."
For further information please contact:
CTPartners - Jennifer Prior +44 20 7901 0476
Samruk-Kazyna - Alya Sandybaeva +7 7172 554114
CTPartnersis a leading performance-driven executive search firm serving clients across the globe. Committed to a philosophy of partnering with its clients, CTPartners offers a proven record in C-Suite, senior executive, and board searches, as well as expertise serving private equity and venture capital firms.
With origins dating back to 1980, CTPartners serves clients with a global organization of more than 400 professionals and employees, offering expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries. Headquartered in New York, CTPartners has 24 offices in 16 countries. www.ctnet.com
Samruk- Kazyna,with assets amounting to $100bln manages directly or indirectly over 500 companies on behalf of the government of Kazakhstan. The Fund's mission is to increase the long term value of its portfolio companies and to diversify the economy in a socially responsible manner.
More information can be found on the company's website and in the annual report, which is published in English, Russian and Kazakh www.sk.kz