Assel Mukazhanova

Assel Mukazhanova was appointed as Chief Executive Officer of the AIX from September 7, 2023.

Previously, Assel Mukazhanova has been serving as Chief Markets and Products Officer, Member of the Management Committee and since January 2023 headed the AIX as an Acting Chief Executive Officer.

Assel Mukazhanova had started her career in 1992 in Currency Operations department of Turan Bank. She has more than 25 years of experience in the financial and banking services industry and before joining AIFC/AIX, Assel held a role of Executive Director at JSC “Kazkommertsbank” focused on international banking, capital markets, investor relations, M&A and strategy issues.

Mrs. Mukazhanova has extensive work experience with the international business community being deeply involved into various milestone fund raising transactions including but not limited to syndicated loans, Eurobonds, securitization, private placements. She played a leading role in M&A transactions in the past and has been working on strategy development projects. Assel has been taking active part in pre-IPO transactions with strategic investors followed by one of the first international IPOs from Kazakhstan as well as the recently done IPO of NC JSC “Kazmunaygas”.

Assel graduated from the Kazakh Academy of Management with a degree in International Business and also followed executive courses at London and Harvard Business schools.