The Board


The Board

Kanat Assaubayev Chairman

Kanat Assaubayev is one of Kazakhstan’s leading entrepreneurs in the natural resources sector. Mr. Assaubayev was the first Kazakh to receive a doctorate in metallurgy. His early career was in academia where he was the Chairman of the Metallurgy and Mining Department of Kazakh National Polytechnic University. He subsequently began his business career in the 1990s and has led a number of natural resources enterprises to national and international success. 

Aidar Assaubayev
Chief Executive Officer

Aidar Assaubayev is an Executive Director of AltynGroup Kazakhstan LLP. He was formerly Executive Vice Chairman of KazakhGold Limited, the gold mining corporation, and he was also formerly Vice President and a director of JSC MMC Kazakhaltyn. Mr. Assaubayev graduated from the Kazakh National Technical University in Almaty and he also holds a degree in economics from the Institute of Systemic Analysis in Moscow. Aidar Assaubayev is the son of Kanat Assaubayev.

Sanzhar Assaubayev
Executive Director

Sanzhar Assaubayev was formerly Director of International Affairs of JSC MMC Kazakhhaltyn and an Executive Director of Kazakh Gold Group. He is also a member of the Board of Directors of AltynGroup. He was educated at the Leysin American School in Switzerland, where he specialised in Management,and also at the American University in the UK. Sanzhar is CEO of AIM listed Kemin Resources.

Ashar Qureshi
Non-Executive Director

Ashar Qureshi is a London based US qualified lawyer who is currently a partner of Freshfields Bruckhaus Deringer LLP, a director of Hanson Asset Management Limited and a partner of Naya Capital Management LLP. He was formerly the Vice Chairman of Renaissance Group, where his position was a senior investment-banking role, and prior to that he worked with international firm Cleary Gottlieb Steen & Hamilton LLP. Mr. Qureshi holds a Juris Doctorate and is a graduate of Harvard Law School and Harvard College.

Alain Balian
Non-Executive Director

Alain Balian is the Chairman and Chief Executive Officer at Cedar Peak Holdings. Mr. Balian is a former Deputy Governor of the Central Bank of Lebanon where he was also a member of the governing board. Besides monetary policy and regulations of the financial sector in Lebanon, his managerial responsibilities included the bank’s financial reporting and the national financial system clearing operations. His earlier experience with Kleinwort Wasserstein, ABN Amro Corporate Finance and Lebanon Invest in Mergers & Acquisitions, Corporate Finance and Private Equity covers several industries in North America, Europe and the Middle East. The total value of transactions on which Alain has worked exceeds USD80 billion.

Neil Herbert
Executive Director

Neil Herbert is a Fellow of the Association of Chartered Certified Accountants and has over 20 years of experience in finance. He has been involved in the management of mining and exploration companies for over 15 years and, until October 2013, was Co-Chairman and Managing Director of AIM quoted Polo Resources, a natural resources and mine development investment company. Prior to this, he was Finance Director for UraMin, an African focused uranium exploration company, from 2005-2007 during which period he worked to float the company on AIM and the Toronto Stock Exchange in 2006, raising c.US$400 million in equity financing and negotiating the sale of the group to Areva for US$2.5 billion. Neil will join the Altyn audit committee.