Almaty. December 13. Kazakhstan Today - Today BTA Bank JSC announced on changes in its management, Kazakhstan Today reports.

In accordance with recommendations made by the Appointments and Remuneration Committee of the Board of Directors of the Bank and Resolution of the Board of Directors of the Bank powers of Mr. Farkhad S. Karagusov, Deputy Chairman of the Management Board, Mr. Berik M. Otemurat, Deputy Chairman of the Management Board and Mr. Murat A. Alkenov, Managing Director, Member of the Management Board were terminated with effect from December 9, 2011.

Mr. Arman B. Shakenov has been elected to the position of Managing Director, Member of the Management Board for one year.

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