PNB Kazakhstan Bank JSC announced that at the board meeting held on February 18, 2016, the board approved to withdraw from the composition of the Management Board of PNB Kazakhstan Bank JSC Mr. Akhmad Mokhammad as of February 18, 2016 and elected Dinesh Kumar as the Deputy Chairman of the Management Board, Member of the Management Board of Bank PNB Kazakhstan JSC as of February 18, 2016.