Do More With Reuters
Partner Services

Kazakhstan replaces state oil company CEO

Wed Aug 20, 2008 10:58am IST
 
Email | Print | | Single Page
[-] Text [+]

ALMATY, Aug 20 (Reuters) - Kazakhstan has replaced the chief executive officer at state oil and gas company Kazmunaigas [KMG.UL] for the second time in three months, the company said on Wednesday.

Kairgeldy Kabyldin, 55, until now chairman of Kazmunaigas, had taken over from Serik Burkitbayev, 50, as chief executive, Kazmunaigas said in a statement.

It gave no reason for the replacement of Burkitbayev who was appointed in late May. [ID:nL29817472]

KazMunaiGas owns minority stakes in the Central Asian country's largest oil projects, such as Tengiz and Kashagan, as well as a controlling stake in the London-listed upstream company KazMunaiGas E&P (KMGq.L: Quote, Profile, Research) RDGZ.KZ. (Writing by Olzhas Auyezov; editing by Sue Thomas)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article