OREANDA-NEWS. December 02, 2010. JSC appointed Taissiya Kogutyuk as new General Director. Mrs. Kogutyuk, is replacing the existing General director who is going to pursue new business projects, company said in a statement received by Lesprom Network.

Mrs. Kogutyuk has been working for Kazakhstan Kagazy since 2003 as Administrative Director. She played a key role in driving the financial debt restructuring process forward and was recommended by the Board to this high position as a competent and experienced manager that can ensure future growth and development of the company.

In order to increase the transparency of management practices and align it with international standards the Board has furthermore decided to create an Executive Committee. This new Committee will be composed by the senior management of the holding company and senior management of its operational units.

The Executive Committee will be tasked with the review of the current operations of the group, with a special focus on further optimising business-processes. Short term plans of the company include inter alia further revision of the organisational structure, this time focusing on evaluation of efficiency of departments such as Finance, Accounting and Legal, where duplications persisted to this day. As a result of this exercise the company foresees to achieve reduced overheads and increased business focus on all of its units.

Further company would also like to announce a consolidation of all of its logistic operations, that is Class A and B warehouses and its Almaty and future Astana container terminals. A new unified and optimized structure will be capable of offering to its customers a full range of logistic services. The new manager responsible will be Yermek Mubarakov, who in this way is rewarded for the excellent work in rebuilding the Class A warehouse business and achieving record results during the present year 2010.

Kazakhstan Kagazy is a major industrial group in Kazakhstan and runs Kagazy Recycling LLP, Central Asia’s largest producer of paper, corrugated board and packaging products, which was established in 2001.