Identifier
Created
Classification
Origin
08ASTANA2084
2008-10-20 12:16:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Astana
Cable title:  

KAZAKHSTAN: TIMUR KULIBAYEV NAMED AS CO-DEPUTY HEAD OF

Tags:  PGOV PINR ECON EFIN KZ 
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UNCLAS ASTANA 002084 

SENSITIVE
SIPDIS

STATE FOR SCA/CEN, EEB

E.O. 12958: N/A
TAGS: PGOV PINR ECON EFIN KZ
SUBJECT: KAZAKHSTAN: TIMUR KULIBAYEV NAMED AS CO-DEPUTY HEAD OF
SAMRUK-KAZYNA

REF: ASTANA 2070

UNCLAS ASTANA 002084 SENSITIVE SIPDIS STATE FOR SCA/CEN, EEB E.O. 12958: N/A TAGS: PGOV PINR ECON EFIN KZ SUBJECT: KAZAKHSTAN: TIMUR KULIBAYEV NAMED AS CO-DEPUTY HEAD OF SAMRUK-KAZYNA REF: ASTANA 2070 ¶1. (U) Sensitive but unclassified. Not for public Internet. ¶2. (U) On October 17, President Nazarbayev's son-in-law, Timur Kulibayev, was appointed as one of two Deputy Chairman of the Management Board of the Samruk-Kazyna National Welfare Fund, which was established on October 13 through the merger of the Samruk state assets holding company and the Kazyna Sustainable Development Fund, ostensibly as a means to help Kazakhstan deal with the global financial crisis. Arman Dunayev, the former head of Kazyna, was named as the second Deputy Chairman. As reported in reftel, Kairat Kelimbetov will head Samruk-Kazyna as Chairman of the Management Board. In addition, Prime Minister Masimov will serve as Chairman of Samruk-Kazyna's outside Board of Directors. ¶3. (SBU) COMMENT: While the terminology may be somewhat confusing, the chairman of a management board in Kazakhstan is the equivalent of a corporate president or CEO in the United States. This means that Kulibayev and Dunayev will effectively be Samruk-Kazyna's two senior vice presidents. Along with his Samruk-Kazyna appointment, Kulibayev was simultaneously recommended for appointment as Chairman of the outside Board of Directors of KazAtomProm, the state's nuclear holding company. Kulibayev had not held any official appointment since he was relieved of his duties as Deputy Chairman of the Management Board of Samruk in September 2007, when President Nazarbayev moved to sideline his remaining relatives following his falling out with his former son-in-law, Rakhat Aliyev. Since that time, Kulibayev's only position was as head of KazEnergy, a private industry association of oil and gas companies. In recent months, Kulibayev had become more publicly visible and vocal on energy issues. His appointment to Samruk-Kazyna and likely appointment to KazAtomProm indicate that he has been rehabilitated and will once again be a preeminent force to be reckoned with on the energy, economic, and political fronts. END COMMENT. HOAGLAND

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