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«NC «KTZ» transformation
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«NC «KTZ» privatization
«NC «KTZ» privatization

The Executive Board

Management Board

The Management Board is Collegial Executive Body of the Company, whose powers includes dealing with all issues of the Company that are not classified to the competence of other bodies and officers of the Company by the Law, other legislative acts of the Republic of Kazakhstan and the Company’s Articles of Association.

The Board of Directors of JSC NC KTZ has determined the number of members of the Management Board in no more than 10 persons. 

Regulations on the Management Board of Joint Stock Company National Company Kazakhstan Temir Zholy

The competence of the Board of JSC NC KTZ includes:

  • implementation of the resolutions of the Sole Shareholder and the Board of Directors;
  • approval and submission щаDevelopment Strategy to the Board of Directors of the Company;
  • ensuring protection and safety of internal (official) information;
  • timely notice of the Board of Directors of significant deficiencies in Risk Management System of the Company;
  • approval of documents, adopted to manage the work of the Company, and not pertaining to the documents to be approved by the Board of Directors;
  • decisions to establish and close branches and representative offices on the territory of the Republic of Kazakhstan, as well as approval of their regulations;
  • identifying information about the Company or its activity, which is an official, commercial or other secret protected by law;
  • approving the staffing table of the Company;
  • approving the rules on remuneration and schemes of salaries of administrative and management employees of the Company (except for the members of the Management Board, Internal Audit Service, Corporate Secretary of the Company);
  • decision on transactions in which the Company has an interest in accordance with the order of transactions between organizations within the Fund group, in which there are special conditions established by the Law;
  • decisions on activities related to the general meeting of shareholders (participants) of the legal entity, ten or more percent of shares (stakes in the authorized capital) of which belong to the Company;
  • approval of the Company’s (detailed) budget as part of the Company’s Development Plan (if there is a detailed budget);
  • developing, approving and submitting the Company’s Development Plan to the Board of Directors;
  • Implementation of the Development Plan;
  • decisions on other issues of the Company’s operations that are not related to the exclusive competence of the Sole Shareholder and the Board of Directors.

During 2015, it was held 35 meetings of the Board of JSC NC KTZ, including meetings in presentia, and 8 meetings in absentia. Structural units and dependent companies of JSC NC KTZ submitted 436 issues to the Management Board for consideration.


Members of the Management Board of JSC NC KTZ


Kanat Kalievich Alpysbayev,Chairman of the Management Board President of JSC NC KTZ

Kanat Kalievich Alpysbayev was born on March 31, 1972 in the city of Atbasar, Akmola region. He graduated from the Almaty Institute of Railway Engineers, the University of Kentucky (USA), Moscow International Higher Business School. He holds a master’s degree. Between 1994 and 2002 he worked at the enterprises Tselinnaya Railway, RSE Kazakhstan Temir Zholy, and joint stock companies of various profile. In 2002-2003, he was the Director of Finance and Administration, Vice-President for Finance and Information Technologies of JSC Air Astana. From November 2005 to June 2008 he worked as Business Development Director, branch of General Electric. From 2008 to 2012 he worked as the Vice-President for Economics and Finance of JSC NC KTZ. From January 2013 to December 2014, Vice-President of Logistics of JSC NC KTZ. From December 2014 to April 2016, Vice - President of JSC NC KTZ. Since April 29, 2016 he is the Vice-President of Operations Coordination, JSC NC KTZ.



Arman Turlyhanovich Sultanov, Vice-President for Development of JSC "NC "KTZ"

Arman Turlyhanovich Sultanov was born on March 3, 1976 in Almaty region. He graduated from Al-Farabi Kazakh National University, Kazakh University of Communications, Kazakh Academy of transport and communications named after M. Tynyshpayev. Studied at Cambridge International Centre (UK) under the program "Business (Finance)".

In the structure of JSC "NC "Kazakhstan Temir Zholy"  he is working since 2002. Until 2008 worked as the head of marketing, Executive Director of JSC "Kaztransservice". From 2008 to 2010 he headed the marketing Department of transport of JSC "NC "KTZ". From 2010 to 2012 – managing Director of passenger traffic of JSC "NC "KTZ". From 2012 to 2014 - President of JSC "Kaztransservice". From 2014 to June 2016 managing Director for logistics of JSC "NC "KTZ".  Frome June 2016 – Advisor to the President of JSC "NC "KTZ". 30 December 2016 – Vice-President for development of JSC "NC "KTZ".



Maksat Rahimzhanovich Kabashev, Vice-President of Finance of JSC "NC "KTZ"

Maksat Rahimzhanovich Kabashev was born on January 1, 1967 in Kyzylorda region. In 1991, he graduated from Moscow Institute of Forestry: technology engineer; in 2001, Kazakh National Technical University majoring in machinery and equipment of oil and gas: mechanical engineer; and Massachusetts Institute of Technology in 2004 (MIT), Sloan Business school, Cambridge, USA, Master of Business Administration (MBA). He started his career in 1992 as a trainee researcher at the Almaty Architecture and Construction Institute (now - Kazakh Leading Academy of Architecture and Construction). Between 1992 and 1999, he worked in various management positions in Vista LLP, JSC Accept-Clearing", Kazneftehim LLP, JSC Kazakhgas, CJSC NOC KazakhOil (branch in Moscow). In 2000-2001 he worked as Head of Department, Director of Innovation Development Department, and then as an adviser to the Minister in of Industry and Trade of the Republic of Kazakhstan. In 2001-2002 he worked as Head of Production and Transportation of Gas in the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan. In 2004-2006, he was Deputy Chairman of the Board of JSC National Innovation Fund, and from June 2006 to January 2008, Managing Director, Deputy Chairman of the Board of JSC Sustainable Development Fund Kazyna. Between 2008 and 2013, he worked as Chairman of the Board JSC Investment Fund of Kazakhstan, JSC Distressed Assets Fund and JSC Alliance Bank. From March 5, 2014 to June 30, 2015, President of JSC Kazakhstan Stock Exchange, from 2 July 2015 to April 2016, Vice-President of JSC NC KTZ. Since April 29, 2016, Vice-President of Finance in JSC NC KTZ.



Erik Yerkinovich Imashev, Vice-President for Corporate Procurement of JSC "NC "KTZ"

Erik Yerkinovich Imashev was born in 1976 in Almaty. In 1997, he graduated from the Kazakh State Law University with a degree in law, a graduate student of the Department of Civil Law Faculty of Moscow State University., and passed a course (Practice Insurance) at the Royal Institute of Insurance, London, UK. From 1998 to 2011 he worked in various managerial positions for administrative and legal matters in the banking sector institutions, and legal sector. From 2013 to 2016, Managing Director of Procurement of JSC NC KTZ. In April 2016, he was appointed as Vice-President for Corporate Procurement of JSC NC KTZ. Also he is Vice-President of the RPO Kazakhstan Federation of Modern Pentathlon, Member of the Council for the Settlement of Disputes on FID1C contracts under the project entitled Transit Corridor Western China-Western Europe. Married, has four children.



Bauyrzhan Pazylbekovich Urynbasarov, Chief Engineer of JSC "NC "KTZ"

Bauyrzhan Pazylbekovich Urynbasarov was born on October 22, 1970 in Kyzylorda region. He graduated from the Almaty Institute of Railway Engineers, specializing in traffic management processes. He began his career as a train dispatcher in the Almaty office of the Almaty Railways. Subsequently he worked as a Senior Engineer, Head of Production and Technical Department in RSE Kazakhstan Temir Zholy in Almaty. From 2007 to 2008, he headed the Karaganda Division of Road, branch of JSC NC KTZ. From 2009 to 2010, he held the posts of directors of Transportation Process Directorate, branches of JSC NC KTZ, Almaty Division of Road. From 2010 to 2011, Managing Director – Chief Engineer of JSC NC KTZ. From 2012 to 2014, Managing Director for Operational Work in JSC NC KTZ. From February to April 2014 Acting Chairman of the Board (the President) of JSC Kaztemirtrans. From April 2014 to April 2016, Vice-President of JSC NC KTZ. Since April 29, 2016 Chief Engineer of JSC NC KTZ.



Rustem Koybagarovich Khasenov, Director of Legal and Claims Activities Department of JSC "NC "KTZ"

Rustem Koybagarovich Khasenov was born on August 4, 1962 in Kokshetau. In 1984, he graduated from the Karaganda State University with a degree in law; in 2014, Kazakh Economic University and European University on the joint program in International Business MBA with the academic degree Master of Business Administration. From 1997 to 2004, he worked as the Head of Legal Service; Chief Specialist of Legal Examination in Legal Department of the Ministry of Transport and Communications of Kazakhstan, Head of the Office of Legal Support in MOTC. From 2004 to 2008, he worked as Deputy Director of the Legal Department of the Ministry of Transport and Communications; Head of Legal Department in Akimat of Astana; from April 2008 to April 2016, Managing Director for Legal Affairs of JSC NC KTZ. Since April 29, 2016 he is Director of Legal and Claims Activities Department, JSC NC KTZ.



Akbulat Landyshovich Zhaghiparov, Director, Occupational Safety and Ecology Department of JSC "NC "KTZ"

Born November 4, 1963 in Aktobe region, he graduated from the Almaty Institute of Railway Engineers. In 1986 he began his career as an instructor of axle assembly unit and was appointed as Acting Chief Engineer of the wagon depot at Aktobe station in 1998. From June, 1998 to August, 2002 he was Chief Engineer, Director of Aktobe regional branch of passenger cars division. From August, 2002 to January, 2003 he acted as Director of Zapadnyi Regional Branch of passenger cars division. From 2003 to 2005 he was Vice-President of JSC Passajirskiye Perevozki. From February, 2005 to November, 2006 he was Director of the Regional branch Zholserіk-Aktobe. From 2006 to 2007, President of JSC Passajirskiye Perevozki. From 2009 to 2010 he was Director of the Department for monitoring passenger traffic. From March, 2010 to July, 2013 he was Chairman of the Board (President) of JSC Passajirskiye Perevozki. From 2013 to 2014 he was Director of Traffic Safety Department, JSC NC KTZ. From May, 2014 to February, 2015 he acted as Director of the branch of JSC NC KTZ - Center for the development of new and import-substituting industries. From February to September 2015 he was advisor to the President of JSC NC KTZ. From September, 2015 to May 30, 2016 he held the office of Managing Director-Chief of Staff, JSC NC KTZ. On July 18, 2016 he was appointed as Director of the Occupational Safety and Ecology Department, JSC NC KTZ.

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