30 Oct 2023 09:32

Kazakh president orders former Karaganda region deputy head to lead ArcelorMittalTemirtau

ASTANA. Oct 30 (Interfax) - Kazakh President Kasym-Jomart Tokayev has ordered former deputy akim (governor) of the Karaganda region, metallurgist Vadim Basin, to take control over the ArcelorMittal Temirtau company.

"I ordered to cease investment cooperation with the ArcelorMittal Temirtau company. This company ended up being the worst in our history in terms of cooperation with the government and the enterprise. Now we need to think about the measures on the enterprise itself. You are familiar with Basin, Vadim Borisovich. He used to work at ArcelorMittal and served as the region's deputy akim. I am giving him an order to return and become the head of this enterprise, take control of it," Tokayev's press service quoted him as saying in Temirtau at a meeting with the families of the miners killed in the accident at the Kostenko mine on Saturday.

"The current management does not succeed," he said.

The sixty-year-old Basin worked at various capacities at iron and steel works since 1986. He was the executive director of ArcelorMittal Temirtau from 2017 to February 2021. Following it, he was appointed a deputy akim of the Karaganda region in charge of energy, housing and utility services, the industrial and innovation policy, and investments.