The ceremony of solemn launching of "Samruk-Energy" JSC transformation program with participation of "Samruk-Kazyna" JSC management, central transformation team was held on July 4, 2015.
Kick-off meeting began in the teleconference mode with the staff of subsidiaries and affiliated companies of the power holding company.
The Chairman of the Board of "Samruk-Kazyna" JSC Umirzak Shukeyev in his address noted that the transformation provides "Samruk-Energy" JSC with a unique opportunity to improve the efficiency of business processes and improve the economics of power holding company. In the future, the ability of portfolio companies to respond to external challenges will show how well and fully the transformation was carried out.
Kuanysh Bektemirov,Chairman of “Samruk-Energy” JSC Board of Directors noted that Energy holding company is going to enter into the process of large-scale reforms in full readiness and wished the company's management and transformation team to perform the work on time and to withstand the specified high rate.
Almassadam Satkaliyev, Chairman of the Board of "Samruk-Energy" JSC stressed that the transformation is a complex multilateral process to achieve the strategic goals of the company. "Samruk-Energy" JSC puts the emphasis on leadership to reduce operating costs and protect the environment. The company also aims to diversify the coal business through introduction of advanced technologies
An interesting innovation in conducting similar activities in the framework of transformation was a live broadcast of video conference with all “Samruk-Energy” JSC subsidiaries located in different parts of the country. Almasadam Satkaliyev announced the official launch of “Samruk-Energy” JSC transformation program in the presence of executives and personnel of subsidiaries which communicated online
In addition, the speakers pointed out that despite the short time the progress of “Samruk-Energy” JSC transformation program implementation will be strictly controlled and wished the transformation team a success and efficiently abide by the targeted plan.
Transformation Program of Sovereign Wealth Fund and all portfolio companies of "Samruk-Kazyna" JSC was launched in October 2014 with the participation of Head of State Nursultan Nazarbayev.