Corporate Secretary

On August 25, 2021, a Corporate Secretary Service with a staff of 3 units was established at the L.N.Gumilev Eurasian National University.

By the decision of the Board of Directors of the Company of October 26, 2022, Minutes No.08/22, Madiyar Batykhanovich Orynbayev was appointed to the position of the Corporate Secretary.

Tasks and main functions of the Corporate Secretary:

1) ensuring compliance by the Company’s bodies and officials with legislation in the field of corporate governance, the Charter and internal regulatory documents of the Company, as well as improving corporate governance policies and practices;

2) ensuring the effective operation of the Board of Directors;

3) ensuring the storage, disclosure and provision of essential information on the Company within the scope of the provided competence, as well as maintaining a high level of information transparency.

In order to fulfill the task of ensuring compliance by the Company’s bodies and officials with legislation in the field of corporate governance, the Charter and internal documents of the Company, as well as improving corporate governance policies and practices, the Corporate Secretary is entrusted with the following functions:

1) provision and organization of consultations to the Company’s officials, within their competence, on issues related to legislation and internal documents of the Company;

2) informing the Board of Directors on violations of the legislation and internal documents of the Company revealed in the Company;

3) participation in the development and revision of the Company’s internal documents;

4) monitoring and analysis of existing practices, trends, and development prospects in the field of corporate governance in the Republic of Kazakhstan and abroad and making information and recommendations to officials, relevant bodies and heads of structural divisions of the Company.

Principles of corporate governance:

– the principle of separation of powers;

– the principle of protecting the rights and interests of shareholders;

– the principle of effective management of the Company by the Board of Directors and the Management Board;

– the principle of sustainable development;

– the principle of risk management, internal control and audit;

– the principle of regulating corporate conflicts and conflicts of interest;

– the principle of transparency and objectivity of disclosure of information about the Company’s activities.