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Board of Directors

Nikolay Mechsheryakov

Chairman of the Board of Directors 

During 1986-1989 Mr Mechsheryakov was Chairman of the Trade Union Committee of Tselinogradtyazhstroy trust, then from April to September 1989 - Head of rental office of Tselinogradglavsnab Commercial Center. From October 1989 to November 1990 he held the position of Deputy Director of Tselinogradglavsnab Commercial center and Director of the enterprise for the rental of technical means. From November to December 1990 he was Deputy Director of Tsesna Commercial Firm JSC and Director of the enterprise for the rental of technical means. From January to December 1991 he was Deputy Director General and Business Director of Tsesna Commercial Firm JSC. From December 1991 to March 1994 he held the position of Chairman of the Management Board of Tsesnabank. Between 1994 and 1999 he held executive roles at Tsesna Corporation JSC as Director General, First Vice-President, and Deputy Chairman of the Management Board. During 1999-2000 Mr Mechsheryakov was Chairman of the Management Board of Concern Akmola-Astyk LLC. During 1999-2002 he held the position of Deputy Chairman of the Management Board of Tsesna Corporation. During 1999-2014 Mr Mechsheryakov was Chairman of the Management Board of Concern Tsesna-Astyk LLC. In November 2008 he was elected Member of the Board of Directors of Tsesnabank. In October 2018 he was elected Chairman of the Board of Directors of Financial Holding Tsesna JSC. Since January 2019 Mr Mechsheryakov has been elected Chairman of the Board of Directors of Tsesnabank.

Mr Mechsheryakov graduated from the Chelyabinsk Polytechnic Institute in Russia.

Public activity:  

  • Member of the Political Council of the Republican Party “Nur Otan”
  • Member of the Kazakhstan People Assembly 
  • Member of the Executive Committee of the Kazakhstan Football Federation
  • Member of the Public Council of Astana
  • Member of the advisory body of the Department of Internal Affairs of Astana

Personal awards:

Kurmet and Parassat orders for special achievements.

Has an honorary title of a Freeman of Astana.

Honored Financier order,  Honored Deputy of Maslikhats of Kazakhstan title,  Gold medal Tsesna,  Platinum medal Tsesna. Has over 15 medals and other awards.

Mr Mechsheryakov also holds the following positions:

1. Member of the Board of Directors of Tsesna Corporation JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Republic of Kazakhstan laws, the company’s Articles of Association and other documents.

2. Chairman of the Board of Directors of Financial Holding Tsesna JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Republic of Kazakhstan laws, the company’s Articles of Association and other documents.

Eduard Babayan

Member of the Board of Directors – Independent Director of the Board of Directors of Tsesnabank JSC

Mr Babayan served as Vice Chairman of Ritm Cooperative in 1989-1990, before being appointed Executive Director of Dynamo Hockey Club in 1990. After holding this role for three years, Mr Babayan joined Tsesna-Tau, eventually becoming CEO, during his seven years with the company. Mr Babayan was Deputy Chairman of the Board of JV Irbis LLP during 2000-2003, and then President of Derbes Brewery Company until 2009. Mr Babayan rejoined Tsesnabank’s Board of Directors in 2007. He previously held the role of Member of the Board of Directors of Tsesnabank from 1998 to 2004. In January 3, 2019, he joined Board of Directors of Financial Holding Tsesna JSC. 

Mr Babayan holds a degree in Industrial & Civil Engineering from the Kazakh Polytechnic Institute in Almaty (1973-1978).

Mr Babayan also holds the following positions:

1. Consultant with Kanon LLC.

2. Member of the Board of Directors (Independent Director) of Tsesna Corporation JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Kazakh laws, the company’s Articles of Association and other documents.

3. Member of the Board of Directors (Independent Director) of Subsidiary Company of Tsesnabank JSC Insurance Company Tsesna Garant JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Kazakh laws, the company’s Articles of Association and other documents.

4. Member of the Board of Directors (Independent Director) of Financial Holding Tsesna JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the law of the Republic of Kazakhstan, the company’s Articles of Association and other documents.

Ulf Wokurka

Member of the Board of Directors of Tsesnabank JSC

УльфВакурка

Ulf Wokurka started his career in 1989 at the Ministry of Internal Affairs as Senior Manager in Berlin, Germany. Between 1990 and 2006 he worked at Deutsche Bank AG in Germany, Kazakhstan, UK and USA. From 2006 to 2008 he held the position of Deputy Chairman of the Management Board at Kazakhstan Holding for Management of State Assets “Samruk” JSC. From 2006 to 2016 Mr Wokurka served on the Boards of Directors of the largest national and commercial companies in Kazakhstan: Kazpost JSC, Development Bank of Kazakhstan JSC, Kazyna Capital Management JSC, BTA Bank JSC, Halyk Bank of Kazakhstan JSC, National Investment Corporation of the National Bank of Kazakhstan JSC. From 2008 to 2010 he held the position of Managing Director at Metzeler Asset Management, Germany. In 2010 he was Managing Director at Deutsche Bank AG, Frankfurt am Main and between 2010 and 2017 he held the position of Director General of the regional representative office of Deutsche Bank AG in Kazakhstan. From 2010 to 2015 he was Member of the Board of Directors, Independent Director of the Turkish Bank Şekerbank T.A.Ş. From 2017 to 2018 he was Chairman of the Management Board, Member of the Board of Directors of Kazkommertsbank JSC. In September 2018, Mr Wokurka was appointed Chairman of Tsesnabank’s Management Board. In October 2018 he was elected Member of the Board of Directors of Tsesnabank.

Mr Wokurka graduated from Moscow State Institute of International Relations (MGIMO) (1983-1989)

From 1997 to 2000 he passed advanced training “Credit Risk Management”, “Deutsche Bank Director’s Carreer Management Program”.

Mr Wokurka also holds the following positions:

1. Member of the Board of Directors of Administration of Astana International Financial Centre JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Republic of Kazakhstan laws, the company’s Articles of Association and other documents.

2. Chairman of the Board of Directors, Independent Director of National Company Kazakh Invest JSC. The functions and authorities include decision-making on the issues covered by the Board of Directors according to the Republic of Kazakhstan laws, the company’s Articles of Association and other documents.