CTPartners appointed by Sovereign Wealth Fund of Kazakhstan
These include HR management, risk management, financial control and change management (in the fund) as well as business development roles.
Samruk-Kazyna is 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.
Martin Mendelsohn, Moscow-based partner with CTPartners, said, “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 said,
“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."