Bayan Sulu JSC announced that the following decisions of the board of directors of December 15, 2015: As of December 15, 2015 authorities of the management board of the company were early discontinued for all members: Vitaliy Traiber, Chairman of Management Board-President of Bayan Sulu JSC; Timur Sadykov, deputy Chairman of Management Board; Aleksandr Pylskiy, Tursynbek Shayakhmetov, Olga Gubareva, Dmitriy Zaitsev, Nataliya Shapovalova. The composition of management board of the company in the number of five persons until the election of the new full composition of management board was determined. The following persons were elected to the composition of the new management board of the company: Timur Sadykov, Tursynbek Shayakhmetov, Olga Gubareva, Aiman Myrzakhmetova, and Dulat Akhmetzhanov.

Timur Sadykov was elected chairman of management board-president of the company.