The executive body of the Bank is the Management Board, acting on the basis of the Regulation on the Management Board approved by the Board of Directors of the Bank. The Management Board of the Bank exercises leadership over the current activity of the Bank.

The Management Board of the Bank acts on behalf of the Bank, including representing its interests, concluding transactions in the manner established by the legislation of the Republic of Kazakhstan and the Charter of the Bank, approving the staff schedule, including that of the Central Office and branches, issuing decisions, and giving instructions obligatory for execution by all employees of the Bank.

In the reporting period, the Management Board of the Bank adopted decisions on all issues of the Bank's activity not assigned by the legislative acts of the Republic of Kazakhstan and the Charter of the Bank to the competence of the Sole Shareholder or the Board of Directors of the Bank.

The Management Board of the Bank held 187 meetings in 2025 (compared to 162 meetings in 2024).

The work of the committees under the Management Board of the Bank is reflected in the table below.

Achievement of KPIs by the Members of the Management Board

The performance of the Bank's Management Board is evaluated on the basis of the 2025 KPIs approved by the Bank's Board of Directors. The activity of the Bank's Management Board in the reporting period is generally characterized as positive. The planned level of corporate key performance indicators (KPIs) and individual KPIs of the Management Board members for 2025 was achieved. The execution of key performance indicators for 2025 is as follows:

1)   Chair of the Management Board Ibragimova L.E. – 120%,

2)   Deputy Chair of the Management Board Aidarbekova A.K. – 122%,

3)   Deputy Chair of the Management Board Akshanov N.S. – 122%,

4)   Deputy Chair of the Management Board Azimbekov M.M. – 118%,

5)   Deputy Chair of the Management Board Taltusov R.A. – 122%,

6)   Deputy Chair of the Management Board Raspekova E.S. – 122%,

7)   Deputy Chair of the Management Board Matai Zh.O. – 122%.

Major Transactions and Interested-Party Transactions

Based on the results of 2025, the Bank did not execute major transactions (valued at 25% or more of total assets), nor did it enter into transactions with entities related to the Bank by special relations.