The Board of Directors of Halyk Savings Bank of Kazakhstan of May 31, 2017 the powers of the Deputy Chairman of the Management Board Askar Smagulov were terminated as a member of the Management Board of the Bank as of June 1, 2017 as he was transferred to the post of the Adviser to the executive office of the Board of Directors and Management Board of the Bank, and also Askar Smagulov is still the Chairman of the Management Board of Altyn Bank.