Kazatomprom board of directors confirms change to one board position

ASTANA. Feb 26 (Interfax) - Kazatomprom's chief procurement and general affairs officer, and member of the company's board, Mukhit Magazhanov, will leave his post as of March 1 and will resign from the board, the company said in a statement.

Magazhanov, who joined the board in June 2023, will continue to work at Kazatomprom, but in a different position. Darkhan Sagindykov, currently chief of staff of company administration, will take his position on the board as of March 1.

The personnel changes were approved by the board of directors.

Sagindykov has over 12 years of experience in the Samruk-Kazyna state fund, Kazatomprom's main shareholder. Before joining Kazatomprom in 2023, he held various purchasing-related management positions at KazMunayGas and Samruk-Kazyna.

Currently there are seven people on the board, which has been headed by Meirzhan Yusupov since October 2023.

State-controlled Kazatomprom is engaged in the mining of uranium, the processing of rare metals, and the production and marketing of beryllium and tantalum products. Kazatomprom reduced uranium production 1% in 2023 to 21,112 tonne. Kazakhstan supplies over 45% of the world's nuclear energy needs for uranium products annually.