Board of Directors
The Board of Directors is the governing body of JSC NC KazMunayGas, accountable to the person owning all voting shares / General Meeting of Shareholders, providing general management of activities and control over the activities of the collegial executive body.
In its activities, the Board of Directors is guided by the legislation
of the Republic of Kazakhstan, including the law of the Republic of Kazakhstan «On Joint Stock Companies» and the law of the Republic of Kazakhstan «On the National Wealth Fund», the Charter, the Regulations, the Corporate Governance Code and other internal documents, as well as the documents of Samruk-Kazyna JSC extending their effect to KMG.
Membership of the Board of Directors
The term of office of the Board of Directors of JSC NC «KazMunayGas» is 3 years from August 17, 2020.
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Walton Christopher John
Chairman of the Board of Directors of JSC NC «KazMunayGas» , Independent Director
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Mirzagaliyev Magzum Maratovich
Member of the Board of Directors of JSC NC «KazMunayGas», Chairman of the Management Board of JSC NC «KazMunayGas»
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Karabalin Uzakbay Suleymenovich
Non-executive member of the Board of Directors of JSC NC «KazMunayGas», representative of «Samruk-Kazyna» JSC
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Zhanadil Yernar Beisenuly
Member of the Board of Directors of JSC NC «KazMunayGas», representative of «Samruk-Kazyna» JSC
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Holland Philip Malcolm
Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Miller Timothy Glen
Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Armanbai Saparbayevich Zhubayev
Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Yernat Kudaibergenovich Berdigulov
Member of the Board of Directors of JSC NC “KazMunayGas”, Representative of JSC “Samruk-Kazyna”
Committees
Members of the Board of Directors involved in the activities of Board Committees focus on in-depth review and analysis of interrelated functions, issues, and areas. Committee meetings involve invited experts, business leaders, and other stakeholders. The Committees make recommendations to the Board of Directors to support its decision-making.
Nomination and Remuneration
Committee
Strategy and Portfolio
Management Committee
Audit Committee
Health, Safety, Environment and Sustainable
Development Committee
The nomination and Remuneration Committee assists the Board of Directors by making recommendations on general policy regarding appointments and remuneration. The work and recommendations of the Committee serve as the basis for succession planning for the Board of Directors and Management Board and conducting ongoing, objective performance evaluations of the Management Board, Corporate Secretary, and other employees in high positions. It is also responsible for pursuing effective HR, pay and remuneration policies, and providing professional development and training for company senior management.
Committee members
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Holland Philip Malcolm
Chairman of the Committee, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Walton Christopher John
Committee member, Chairman of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Yernat Kudaibergenovich Berdigulov
Committee Member, Member of the Board of Directors of JSC NC “KazMunayGas”, Independent Director
The Strategy and Portfolio Management Committee is responsible for making recommendations to the Board of Directors on the Company's investment policy and development strategy. The competence of the Committee also includes recommendations on transformation monitoring and effective planning of the financial and economic activities of KMG.
Committee members
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Walton Christopher John
Chairman of the Committee, Chairman of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Zhanadil Yernar Beisenuly
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», representative of JSC «Samruk-Kazyna»
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Karabalin Uzakbay Suleymenovich
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», representative of JSC «Samruk-Kazyna»
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Miller Timothy Glen
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Holland Philip Malcolm
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
Audit Committee reviews all the matters relating to internal and external [financial] audit, financial reporting and risk management and makes recommendations to the Board of Directors in taking decisions on any issues that arise.
More about Audit Committee
More about Audit Committee
Committee members
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Miller Timothy Glen
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Holland Philip Malcolm
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Armanbai Saparbayevich Zhubayev
Committee Member, Member of the Board of Directors of JSC NC “KazMunayGas”, Independent Director
Health, Safety, Environment, and Sustainable Development Committee provides recommendations to the Board of Directors on ensuring HSE compliance; implementation of the principles of sustainable development in strategic planning and socio-economic development of KMG; social commitments and KMG programs under subsoil use contracts; ensuring the continuity of KMG's activities; ensuring environmental efficiency of KMG.
Committee members
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Miller Timothy Glen
Chairman of the Committee, Chairman of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Holland Philip Malcolm
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», Independent Director
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Karabalin Uzakbay Suleymenovich
Committee member, Member of the Board of Directors of JSC NC «KazMunayGas», representative of JSC «Samruk-Kazyna»
PROFESSIONAL DEVELOPMENT AND TRAINING OF SENIOR MANAGEMENT
Period
On 23 May 2023, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Internal Controls Update” conducted by Deloitte.
On February 8, 2023, Chairman of the Board of Directors of JSC NC “KazMunayGas” C.J. Walton attended the webinar “Audit Update” conducted by Deloitte.
On 13 September 2022, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Director Update” conducted by Deloitte.
On May 26, 2022, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors' Update Briefing” conducted by Deloitte.
On May 19, 2022, member of JSC NC “KazMunayGas” Board of Directors P.M. Holland participated in the training “Anti Bribery and Corruption” conducted by Ashurst.
On May 9, 2022, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Audit Update” conducted by Deloitte.
On March 17, 2022, member of JSC NC “KazMunayGas” Board of Directors P.M. Holland participated in the training “FTSE Corporate Governance Update” conducted by Deloitte.
On March 09, 2022, member of JSC NC “KazMunayGas” Board of Directors P.M. Holland participated in the training “A Guide To Takeover Defense” conducted by Panmure Gordon.
On March 03, 2022, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “ Internal Controls ” conducted by Deloitte.
On March 02, 2022, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “ Directors' Briefing - Blockchain” conducted by Deloitte.
On January 18, 2022, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “ Directors' Update Briefing ” conducted by Deloitte.
On December 02, 2021, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “ Directors' Update Briefing ” conducted by Deloitte.
On July 1, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors' Update” conducted by Deloitte.
On June 22, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Audit - UK SOX Briefing” conducted by Deloitte.
On June 16, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Audit Standard Update” conducted by KPMG.
On May 10, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Net Zero Aligned Carbon Offsetting Briefing” conducted by Deloitte.
On April 28, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Annual Audit Review” conducted by KPMG.
In 2021, the member of JSC NC “KazMunayGas” Board of Directors T.G. Miller have read the publication of Deloitte “Climate risk and asset management”.
In 2021, the member of JSC NC “KazMunayGas” Board of Directors T.G. Miller participated in the online training “Anti-harassment training” conducted by Deloitte.
On March 18, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors briefing - Investor and Proxy Agency Perspectives” conducted by Deloitte.
On March 11, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Funds and Markets Briefing” conducted by Herbet Smith Freehills.
On February 25, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors briefing - Economics and Politics” conducted by Deloitte.
On February 24, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Investment overview - Income vs. total return” conducted by Rathbone Investment Management.
On February 22, 2021, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Director Update - Technology in the boardroom” conducted by Deloitte.
On January 27, 2021 the member of JSC NC “KazMunayGas” Board of Directors P.M. Holland participated in the training session “Decarbonisation: net zero in practice” conducted by Deloitte Academy.
On October 2, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Director briefing: Sustainable Investment and ESG” conducted by Herbert Smith Freehills.
On September 30, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Director briefing - Current Investor Topics” conducted by Deloitte.
On September 23, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Energy & Gas Markets briefing” conducted by AUKCC.
On September 17, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors Governance Update” conducted by Deloitte.
On September 10, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “ESG Update” conducted by Deloitte.
In July 2020, the member of JSC NC “KazMunayGas” Board of Directors A. Espina received an Executive Master degree in Digital Transformation and Innovation Leadership from the IE University, Madrid, Spain.
On July 9, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Audit Fraud - Update” conducted by Deloitte.
On June 25, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Auidt: Update” conducted by KPMG.
On June 23, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Directors’ Update” conducted by KPMG.
On June 17, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Cyber Roundtable for directors” conducted by Deloitte.
On June 10, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Audit Update” conducted by Deloitte.
On May 19, 2020, the Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the webinar “Oil & Gas Industry - COVID briefing” conducted by Deloitte.
On November 28, 2019, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Directors briefing - Energy sector” conducted by Deloitte in London.
On November 26, 2019, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Audit Committee update” conducted by KPMG in London.
On November 13, 2019, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Internal Audit Update” conducted by GIAA in London.
In September 2019, Member of the Board of Directors Baljeet Kaur Grewal successfully completed the Executive Education Programme on Blockchain Technology from Massachusetts Institute of Technology.
On June 25, 2019, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Audit Committee update” conducted by KPMG in London.
On June 11, 2019, Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Remuneration Committee update” conducted by Deloitte in London.
On March 28, 2019 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Investors’ Briefing” conducted by Deloitte in London.
On March 25, 2019 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Non-Executive Director Update” conducted by Deloitte in London.
On March 14, 2019 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Roundtable on Chairmanship” conducted by Deloitte in London.
On February 13, 2019 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Remuneration Committee Update” conducted by Deloitte in London.
On January 15, 2018 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Director Governance Update” conducted by Deloitte in London.
On November 21, 2017 Chairman of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton participated in the training course “Audit Committee update” conducted by KPMG in London.
On October 23, 2017 members of JSC NC “KazMunayGas” Board of Directors Ch.J. Walton, S.J. Whyte, and U.S. Karabalin attended the Compliance Workshop as part of the IX Annual Forum of Directors of “Samruk-Kazyna” JSC group.
On July 4, 2017 member of the Board of Directors of JSC NC “KazMunayGas” Christopher John Walton participated in the training course organized by Deloitte: “Non-Executive Director governance update”.
On June 27, 2017 member of the Board of Directors of JSC NC “KazMunayGas” Christopher John Walton participated in the training course organized by Deloitte: “Accounting & Audit Committee update”.
Stephen Whyte completed a 2 day course on corporate governance and Board leadership run by the Institute of Directors in London in the year 2017.
On June 22, 2016 member of the Board of Directors of JSC NC “KazMunayGas” Christopher John Walton participated in the training course organized by Deloitte: “Accounting Technical update”.
On December 7, 2015, members of the Board of Directors of JSC NC “KazMunayGas” took part in the seminar organized by PricewaterhouseCoopers “Quality of materials for meetings of the Board of Directors”.
On May 12, 2016, member of the Board of Directors of JSC “KazMunayGas” Christopher John Walton participated in the training course hosted by Deloitte “Governance, risk and internal assurance update.
On June 10, 2016, member of the Board of Directors of JSC NC “KazMunayGas” Christopher John Walton take part in the training course organized by KPMG: “Accounting & Governance update”.