Aibolat Abenov appointed head of Agrarian Credit Corporation

By the decision of Baiterek Holding’s management board, Aibolat Abenov has been elected chairman of the board of Agrarian Credit Corporation JSC (ACC).

Previously, he held the position of managing director – a member of the corporation’s board, overseeing crediting and activities of the branches.

Aibolat Abenov graduated from the Plekhanov Russian University of Economics as an economist-production manager. For 19 years he has held various positions in the financial sector. He has worked both in public and private organizations.

Besides, by the decision of Baiterek Holding’s management board, Baglan Kultayev was relieved of his post ahead of schedule by agreement of the parties.

Agrarian Credit Corporation JSC implements the state policy on the formation of an affordable credit system that stimulates the development of competitive entrepreneurship in rural areas. The corporation is part of Baiterek Holding group of companies. At the end of 2020, ACC's net profit amounted to 20 billion tenge.