Kamalov Almasbi Nizamaddinovich

Managing Director for Economy and Finance of “Samruk-Energy” JSC, member of the Management Board

Date of birth: 07.04.1989


2023 - 2025  - Master of Business Administration (MBA) from the University of Warwick, DLMBA.

2006 - 2010  -  Bachelor's degree in Management/Marketing from the Kazakhstan Institute of Management, Economics, and Strategic Research (KIMEP).

2016 - 2018 - Bachelor's degree in Finance from Almaty University, majoring in Economics and Business.

2008 - 2010  - Military Department at Kazakh Economic University named after T. Ryskulov (Narhoz), Technical and Professional Education, Sergeant in the Food Supply Unit.

Professional experience:

09.2023 – to present “Samruk-Energy” JSC Managing Director for Economy and Finance

04.2021-09.2023 "Samruk-Energy" JSC, Director of the Department "Strategy and Economic Analysis

12.2017-04.2021 "Samruk-Energy” JSC, Head of “Economic analysis” section under “Strategy and Economic Analysis” Department  

01.2014-12.2017 "Samruk-Energy" JSC, senior manager of Planning and Economic Analysis Department

06.2013- 01.2014 "Ekibastuz SDPP-2 Power plant" JSC, power industry, Deputy Chief of the Planning and Economic Department

11.2011- 06.2013 “Almaty Power Plants” JSC, leading economist Budget and economic analysis department

Functions performed:

  • Formulation/updating, coordination, approval, monitoring, and supervision of the implementation of the Company's Long-term Development Strategy and the Roadmap for its execution;
  • Development and oversight of the Company's Expectations concerning subsidiaries and affiliates for both 5-year and 10-year periods;
  • Tariff establishment, encompassing the coordination/approval of planned tariffs for subsidiaries and affiliates through the prescribed procedures;
  • Evaluation of the financial and economic outcomes of the Company and its subsidiaries and affiliates;
  • Handling of accounting, tax, and statistical record-keeping;
  • Financing of investment projects undertaken by the Company and its subsidiaries and affiliates;
  • Implementation of measures aimed at streamlining, restructuring, and reorganizing the Company's assets (including merger, division, spin-off, transformation, accession, alterations in the share/participatory interests ratio in subsidiaries and affiliates), as well as the creation, acquisition, and divestiture of shares/participatory interests in legal entities, and the liquidation of the Company's assets;
  • Preparation of the Company's shares for an Initial Public Offering (IPO), inclusive of action plan development and execution;
  • Management of the Company's temporarily available funds;
  • Ensuring compliance by the Company with stock exchange requirements during the listing of its securities;
  • Oversight of the issuance (announcement) and placement of the Company's shares;
  • Monitoring, consolidation, and reporting on the execution of state strategic plans;
  • Compilation of production and economic activity reports for the Company’s management, as well as for submission to “Samruk-Kazyna” JSC, the Board of Directors, and other bodies as stipulated by the Company's regulatory documents and the requests of these organizations;
  • Implementation of Government strategic plans and programs related to the Company's supervised areas;
  • Adherence to international ISO standards in the management system within supervised areas;
  • Interaction and representation of the Company's interests in supervised areas during engagements with government bodies, legal entities (including banks, stock exchanges, insurance organizations, audit entities, independent appraisers, and other financial institutions), public associations, and individuals, with “Samruk-Kazyna” JSC being the sole shareholder;
  • Execution of other functions essential for accomplishing tasks within supervised areas.