Timur Kulibayev
Encyclopedia
Timur Askarovich Kulibayev is a significant Kazakhs
tani public figure, and son-in-law of Kazakh president
Nursultan Nazarbayev
. Kulibayev has held several positions in important state-owned enterprises that manage Kazakhstan's natural resources, and has immense influence over the country's hydrocarbon
industry. He is currently the Chairman of the Management Board of “Samruk-Kazyna
” National Welfare Fund, the member of the Board of Directors of “Gazprom
” company.
. Не is Kazakh
.
He is a graduate of the Republican physics and mathematics specialized school (1983). In 1988 T.Kulibayev graduated from Moscow State University named after M.V. Lomonosov
, majoring in “National Economy Planning”, an economist by profession.
He has a Ph.D. in Economics, and defended a thesis on: “Improvement of Organizational and Economic Mechanism of Enterprise Management in Market Environment (based on the oil industry)” (1999). He has a number of research publications.
He speaks fluently Kazakh, Russian and English.
Spouse: Kulibayeva Dinara Nursultanovna (born in 1967), three children – son Altay (1990), daughters Deniza (2004) and Alishya (2010).
Kulibayev is an avid fan of sports, especially golf
, and often competes in golf tournaments.
He also is president of Kazakhstani Boxing Federation.
In 1990 he was the director of the Research and Consultative Center under the Fund for Cultural, Social and Technological Development in Kazakhstan.
From 1992 on he headed the concern “Altyn-Alma”, was the Chairman of the Supervisory Board of Almaty Trade and Industry Bank.
In 1997 he was appointed as the head of the Directorate for Project Assessment and Negotiating under the Investment Committee of Kazakhstan (exercising rights of the Deputy Chairman).
From May 1997 till March 1999 he was the Vice-President on Economy and Finance of CJSC National Oil and Gas Company “Kazkhoil”.
In March 1999 he became the President of CJSC National Company for Oil Transportation “KazTransOil”.
From May 2001 till February 2002 he was the General Director of CJSC National Company “Oil and Gas Transportation” (created on the basis of “KazTransOil
” and “KazTransGas”).
From February 2002 till October 2005 he was the First Vice-President of JSC NC “KazMunayGas
”, a merger of CJSC NC “KazakhOil” and CJSC NC “Oil and Gas Transportation”.
After his resignation from the post in “KazMunaiGas”, he has initiated foundation and headed the Association of Legal Entities «Kazakhstan Association of Oil, Gas and Energy Sector Organizations “KAZENERGY” that united major national and foreign companies, operating in the energy sector of Kazakhstan. Simultaneously Mr. Kulibayev became the part-time Adviser to the President of the Republic of Kazakhstan. In 2005-06 and 2007-08 he combined a public activity with a direct management of his own private business.
From May 1997 till March 1999 he was the Vice-President on Economy and Finance of CJSC National Oil and Gas Company “Kazkhoil”.
In March 1999 he became the President of CJSC National Company for Oil Transportation “KazTransOil”.
From May 2001 till February 2002 he was the General Director of CJSC National Company “Oil and Gas Transportation” (created on the basis of “KazTransOil” and “KazTransGas”).
From February 2002 till October 2005 he was the First Vice-President of JSC NC “KazMunayGas”, a merger of CJSC NC “KazakhOil” and CJSC NC “Oil and Gas Transportation”.
After his resignation from the post in “KazMunaiGas”, he has initiated foundation and headed the Association of Legal Entities «Kazakhstan Association of Oil, Gas and Energy Sector Organizations “KAZENERGY” that united major national and foreign companies, operating in the energy sector of Kazakhstan. Simultaneously Mr. Kulibayev became the part-time Adviser to the President of the Republic of Kazakhstan. In 2005-06 and 2007-08 he combined a public activity with a direct management of his own private business.,
From April 2006 till August 2007 he was the Deputy Chairman of the Management Board of JSC “Kazakhstan Holding Company for State Assets Management “Samruk”. Simultaneously he was the Chairman of Board of Directors of JSC “KEGOC” and NC “KazMunaiGas”. In October 2008 he became the Deputy Chairman of the Management Board of JSC “National Welfare Fund “Samruk-Kazyna”. He is the Chairman of the Boards of Directors of JSC “Kazatomprom
”, JSC NC “KazMunayGas”, JSC NC “Kazakhstan TemirZholy
”, JSC “Kazakhstan Company on Power Grid Management
” (KEGOC), JSC “Samruk-Energo”.
By Decree of the Government of the Republic of Kazakhstan
#409 of April 12, 2011 he was appointed to the post of the Chairman of the Management Board of JSC NWF “Samruk-Kazyna”. Based on the voting results by Decree of the Government of the Republic of Kazakhstan #410 of April 12, 2011 he was elected to the membership of the Board of Directors.The election of T.A. Kulibayev to the Board of Directors of the Russian largest energy company shows the particular importance of economic cooperation between Kazakhstan and the Russian Federation, as well as a recognition of high professional qualities of the Chief Executive of “Samruk-Kazyna” Fund.,
From June 2008 he is the Chairman of the Kazakhstan National Committee of the World Petroleum Council
.
From January 2009 he is also the President of the Kazakhstan Boxing Federation. From 2010 he is a member of the Executive Committee of the National Olympic Council of the Republic of Kazakhstan.
In April 2010 he was elected as the Chairman of the Presidium of the National Economic Chamber of Kazakhstan “Union “Atameken”.
He is awarded by Russian Federation orders: the Druzhba order (2007), “Al-Fahr” of the Council of Muftis of Russia (2010) and the order of the Russian Orthodox Church of Saint Blessed Duke Danila of Moscow of the 2-d Degree (2010).
. One of the recipients was Kulibayev. He is suspected to have commited money laundering in Switzerland - money said to be misappropriated, when he was a director of KazTransOil from 2000 until 2005.
Kazakhs
The Kazakhs are a Turkic people of the northern parts of Central Asia ....
tani public figure, and son-in-law of Kazakh president
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
Nursultan Nazarbayev
Nursultan Nazarbayev
Nursultan Abishuly Nazarbayev has served as the President of Kazakhstan since the nation received its independence in 1991, after the fall of the Soviet Union...
. Kulibayev has held several positions in important state-owned enterprises that manage Kazakhstan's natural resources, and has immense influence over the country's hydrocarbon
Hydrocarbon
In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons from which one hydrogen atom has been removed are functional groups, called hydrocarbyls....
industry. He is currently the Chairman of the Management Board of “Samruk-Kazyna
Samruk-Kazyna
Samruk-Kazyna , officially known as the National Welfare Fund "Samruk-Kazyna", is a joint stock company in Kazakhstan which owns, either in whole or in part, many important companies in the country, including the national rail and postal service, the state oil and gas company KazMunayGas, the state...
” National Welfare Fund, the member of the Board of Directors of “Gazprom
Gazprom
Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...
” company.
Personal life
T.A. Kulibayev was born on September 10, 1966 in the city of Alma-AtaAlmaty
Almaty , also known by its former names Verny and Alma-Ata , is the former capital of Kazakhstan and the nation's largest city, with a population of 1,348,500...
. Не is Kazakh
Kazakh
Kazakh may refer to:*Kazakhstan*Kazakhs, an ethnic group*Kazakh language*Kazakh cuisine*Qazakh Rayon, Azerbaijan*Qazax, Azerbaijan*Kazakh Uyezd, administrative district of Elisabethpol Governorate during Russian rule in Azerbaijan...
.
He is a graduate of the Republican physics and mathematics specialized school (1983). In 1988 T.Kulibayev graduated from Moscow State University named after M.V. Lomonosov
Moscow State University
Lomonosov Moscow State University , previously known as Lomonosov University or MSU , is the largest university in Russia. Founded in 1755, it also claims to be one of the oldest university in Russia and to have the tallest educational building in the world. Its current rector is Viktor Sadovnichiy...
, majoring in “National Economy Planning”, an economist by profession.
He has a Ph.D. in Economics, and defended a thesis on: “Improvement of Organizational and Economic Mechanism of Enterprise Management in Market Environment (based on the oil industry)” (1999). He has a number of research publications.
He speaks fluently Kazakh, Russian and English.
Spouse: Kulibayeva Dinara Nursultanovna (born in 1967), three children – son Altay (1990), daughters Deniza (2004) and Alishya (2010).
Kulibayev is an avid fan of sports, especially golf
Golf
Golf is a precision club and ball sport, in which competing players use many types of clubs to hit balls into a series of holes on a golf course using the fewest number of strokes....
, and often competes in golf tournaments.
He also is president of Kazakhstani Boxing Federation.
Business career
During the period of 1988 to 1992 his professional activity was concerned to the science – he worked as an economist, a junior research assistant of Scientific-Research Economics Institute of Planning and Normative Standards (SREIP&NS) under State Plan of KazSSR and a director of Scientific-Consulting Center of the Fund оf Cultural, Social, Scientific and Technological Development of Kazakhstan.In 1990 he was the director of the Research and Consultative Center under the Fund for Cultural, Social and Technological Development in Kazakhstan.
From 1992 on he headed the concern “Altyn-Alma”, was the Chairman of the Supervisory Board of Almaty Trade and Industry Bank.
In 1997 he was appointed as the head of the Directorate for Project Assessment and Negotiating under the Investment Committee of Kazakhstan (exercising rights of the Deputy Chairman).
From May 1997 till March 1999 he was the Vice-President on Economy and Finance of CJSC National Oil and Gas Company “Kazkhoil”.
In March 1999 he became the President of CJSC National Company for Oil Transportation “KazTransOil”.
From May 2001 till February 2002 he was the General Director of CJSC National Company “Oil and Gas Transportation” (created on the basis of “KazTransOil
KazTransOil
KazTransOil is the national oil transporter in Kazakhstan accounting to 80% of all oil transported in the country. The company operates more than 6,400 km of oil pipelines and 3,140 km of water pipelines. KazTransOil is a subsidiary of KazMunayGas, the national oil and gas company of Kazakhstan....
” and “KazTransGas”).
From February 2002 till October 2005 he was the First Vice-President of JSC NC “KazMunayGas
KazMunayGas
KazMunayGas is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging Kazakhoil and Oil and Gas Transportation.-Subsidiaries:Main subsidiaries of KazMunayGas are:...
”, a merger of CJSC NC “KazakhOil” and CJSC NC “Oil and Gas Transportation”.
After his resignation from the post in “KazMunaiGas”, he has initiated foundation and headed the Association of Legal Entities «Kazakhstan Association of Oil, Gas and Energy Sector Organizations “KAZENERGY” that united major national and foreign companies, operating in the energy sector of Kazakhstan. Simultaneously Mr. Kulibayev became the part-time Adviser to the President of the Republic of Kazakhstan. In 2005-06 and 2007-08 he combined a public activity with a direct management of his own private business.
From May 1997 till March 1999 he was the Vice-President on Economy and Finance of CJSC National Oil and Gas Company “Kazkhoil”.
In March 1999 he became the President of CJSC National Company for Oil Transportation “KazTransOil”.
From May 2001 till February 2002 he was the General Director of CJSC National Company “Oil and Gas Transportation” (created on the basis of “KazTransOil” and “KazTransGas”).
From February 2002 till October 2005 he was the First Vice-President of JSC NC “KazMunayGas”, a merger of CJSC NC “KazakhOil” and CJSC NC “Oil and Gas Transportation”.
After his resignation from the post in “KazMunaiGas”, he has initiated foundation and headed the Association of Legal Entities «Kazakhstan Association of Oil, Gas and Energy Sector Organizations “KAZENERGY” that united major national and foreign companies, operating in the energy sector of Kazakhstan. Simultaneously Mr. Kulibayev became the part-time Adviser to the President of the Republic of Kazakhstan. In 2005-06 and 2007-08 he combined a public activity with a direct management of his own private business.,
From April 2006 till August 2007 he was the Deputy Chairman of the Management Board of JSC “Kazakhstan Holding Company for State Assets Management “Samruk”. Simultaneously he was the Chairman of Board of Directors of JSC “KEGOC” and NC “KazMunaiGas”. In October 2008 he became the Deputy Chairman of the Management Board of JSC “National Welfare Fund “Samruk-Kazyna”. He is the Chairman of the Boards of Directors of JSC “Kazatomprom
Kazatomprom
Kazatomprom is a state-owned nuclear holding company in Kazakhstan, which operates in the field of Uranium and nuclear fuel cycle services, production of Beryllium, Tantalum and Niobium, and power production...
”, JSC NC “KazMunayGas”, JSC NC “Kazakhstan TemirZholy
Qazaqstan Temir Zholy
Kazakhstan Temir Zholy , also National Company Kazakhstan Temir Zholy, is the national railway company of Kazakhstan.-Organization:...
”, JSC “Kazakhstan Company on Power Grid Management
KEGOC
The Kazakhstan Electricity Grid Operating Company is a national transmission grid operator of Kazakhstan. It was established according to Government Resolution of 28 September 1996 on 11 July 1997. All shares of KEGOC are hold by the state-owned holding company Samruk-Kazyna....
” (KEGOC), JSC “Samruk-Energo”.
By Decree of the Government of the Republic of Kazakhstan
Government of Kazakhstan
The Government of the Republic of Kazakhstan oversees a presidential republic. The President of Kazakhstan, currently Nursultan Nazarbayev, is head of state and nominates the head of government. Executive power is exercised by the government...
#409 of April 12, 2011 he was appointed to the post of the Chairman of the Management Board of JSC NWF “Samruk-Kazyna”. Based on the voting results by Decree of the Government of the Republic of Kazakhstan #410 of April 12, 2011 he was elected to the membership of the Board of Directors.The election of T.A. Kulibayev to the Board of Directors of the Russian largest energy company shows the particular importance of economic cooperation between Kazakhstan and the Russian Federation, as well as a recognition of high professional qualities of the Chief Executive of “Samruk-Kazyna” Fund.,
From June 2008 he is the Chairman of the Kazakhstan National Committee of the World Petroleum Council
World Petroleum Council
The World Petroleum Council is an oil and gas industry forum and international organization representing the petroleum sector worldwide...
.
From January 2009 he is also the President of the Kazakhstan Boxing Federation. From 2010 he is a member of the Executive Committee of the National Olympic Council of the Republic of Kazakhstan.
In April 2010 he was elected as the Chairman of the Presidium of the National Economic Chamber of Kazakhstan “Union “Atameken”.
Awards
Kulibayev has been awarded State awards of the Republic of Kazakhstan: the Kurmet order (2001), the Barys 3rd grade order (2009), the jubilee medal “10th Anniversary of Kazakhstan Consitution” (2005), the jubilee medal “10th Anniversary of Astana” (2008).He is awarded by Russian Federation orders: the Druzhba order (2007), “Al-Fahr” of the Council of Muftis of Russia (2010) and the order of the Russian Orthodox Church of Saint Blessed Duke Danila of Moscow of the 2-d Degree (2010).
Accusations of money laundering
Since 2010, the Swiss Federal Prosecution Service investigates the case of a 600-million dollar bank transfer from a bank account at UBS to a bank account at Credit SuisseCredit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
. One of the recipients was Kulibayev. He is suspected to have commited money laundering in Switzerland - money said to be misappropriated, when he was a director of KazTransOil from 2000 until 2005.