Holding structure

Corporate Structure
National Management Holding “Baiterek” JSC
The number of employees as of 01.01.2021 is 2679 units.

Corporate secretary service

Board of Directors

Internal audit service

Chairman of the Board

A centralized service for control over procurement

Government secrets protection service

Managing Director

Compliance service

Deputy Charman of the Board

Managing Director– Member of the Management

Managing Director

Press Service

Deputy Charman of the Board

Managing Director– Member of the Management

Managing Director

Secretariat

The first deputy CEO

Managing Director– Member of the Management

Managing Director

Human Resource Management Department

Chief of Stuff

Department for Agricultural Assets Management

Asset management department

Department for Housing and Construction Assets Management

Department of project Finance and Investor Relations

Department of Strategy and Analytics

Corporate finance department

Department for Project Monitoring

Legal support department

Department for Risk Management

Operating activities department

Department of economy and budjet planning

Accounting and reporting department

Information technology department

Treasury department

Document support service

Since June 2021, Baiterek Holding has been owning the following subsidiaries:

Development Bank of Kazakhstan JSC, JSC Export Insurance Company "KazakhExport", JSC Kazyna Capital Management and Investment Fund of Kazakhstan JSC provide support to large enterprises in the form of debt and equity financing, insurance of export operations, leasing financing, and providing support to non-resource exporters.

Damu Entrepreneurship Development Fund JSC provides support for small and medium-sized businesses by subsidizing the interest rate, guaranteeing loans, and placing funds in second-tier banks.

Otbasy Bank JSC and Kazakhstan Housing Company JSC are focused on increasing the financial affordability of housing by developing financing, mortgages, subsidies, and rental housing.

Agrarian Credit Corporation JSC contributes to the sustainable development of the country's agro-industrial complex (AIC). KazAgroFinance JSC provides the agro-industrial complex with technical equipment and high-quality and competitive leasing services. Fund for Financial Support of Agriculture JSC finances small businesses in order to develop priority areas of the agro-industrial complex and increase the level of employment.

Since June 2021, Kazakhstan Project Preparation Fund LLP (provides consulting support to projects, including those implemented through the PPP mechanism) and QazTech Ventures JSC (contributes to the development of technological entrepreneurship through venture financing, business incubation, and technological consulting) were transferred to Kazyna Capital Management JSC as separate funds.

It is planned to reduce the number of portfolio companies to 7 and adjust the number of employees.