OREANDA-NEWS. February 27, 2008. Bank Caspian informed that the Board of Directors has approved following member list of the Management Board, reported the press-centre of Bank Caspian:   

- Mikhail Lomtadze, Chairman of the Management Board of Bank Caspian

- Alexander von Gleich, First Deputy Chairman

- Mamuka Kirvalidze, Deputy Chairman

- Nurbol Samzayev, Deputy Chairman

- Gulmira Dzhumadillayeva, Deputy Chairman

- Yuri Didenko, Deputy Chairman

Yuri Didenko, that joined the Caspian Bank Board, will coordinate its financial block.

Before joining the Caspian Bank, Yuri Didenko was a member of the international team of Baring Vostok Capital Partners, the Direct Investment Fund. He was responsible for determining potential investment opportunities and undervalued assets in various industries across the CIS.
He was also responsible for undertaking due diligences, working out strategies of business acquiring and developing, as well as structuring and making deals to step out of projects by selling assets to strategic investors.

JSC Bank Caspian:
Caspian Bank is one of the leading retail banks in Kazakhstan with total assets exceeding 238  billion tenge and equity of  37  billion tenge.  Caspian has one of the largest retail networks among Kazakh banks with 147 offices and 548 points of sale for express lending products, serving more than 2000 retail outlets. Retail credit portfolio represents over half of the Bank's total credit portfolio. Caspian Bank is majority owned by Baring Vostok Private Equity Fund III (BVPEF III), a leading private equity firm. www.bc.kz

Baring Vostok Capital Partners:
Baring Vostok Capital Partners (BVCP) is one of the leading private equity firms operating in CIS, has managed over $600 million in 50 companies since 1994. Baring Vostok has owned a broad range of companies within financial services, the oil and gas, branded consumer products, telecommunications, media and technology sectors, including Bank Caspian, Europlan, Center of Financial Technologies, Burren Energy, Vimpelcom, Golden Telecom, Syktyvkar Forestry, SladCo, Borjomi, Yandex and Ozon.

Among investors into BVCP managed funds are some of the world’s most recognised international financial institutions including European Bank of Reconstruction and Development, International Financial Corporation and The Netherlands Development Finance Company FMO and also the worlds leading pension funds, investment corporations, university funds from America, Europe and Asia. BVCP is a part of the Baring Private Equity International, with over $ 3.5 bln under the management in CIS, Asia, India, Europe and Latin America.

The shareholder of JSC Bank Caspian is investment fund Baring Vostok Private Equity Fund III (BVPEF III).