JSC Subsidiary Bank Punjab National Bank Kazakhstan announced that extraordinary general meeting of shareholders was held on January 29, 2016. The company withdraw Algazy Sekenov and Seshadri Banavara Srinivasachar from the Board of Directors of the Bank. The extraordinary general meeting of shareholders elected Sergei Gusarov and Subhash Chander Kalia to the Board of Directors of the Bank as independent members of the Board of Directors until December 15, 2017.

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