On December 22, 2025, important personnel decisions were made at an extraordinary general meeting of shareholders of OJSC "Bakay Bank." This was reported on the website of the Kyrgyz Stock Exchange.
During the voting, it was decided that starting in January 2026, Timur Ibragimov will take the position of Chairman of the Management Board, while Sergey Ibragimov will become a member of the Board of Directors.
According to information provided by 24.kg, the new chairman intends to focus on implementing the "digital leap" strategy, as well as on direct management of operations and strengthening the bank's competitive positions in both domestic and international markets.
This approach to role distribution is designed to ensure a balance between the long-term strategic goals of shareholders and effective management by professionals.
These changes are part of a transformation in corporate governance being implemented in the largest financial institutions worldwide.
“Bakay Bank” is one of the leading commercial banks in Kyrgyzstan, actively developing digital financial services and ecosystem products. As a result of last year, the bank significantly strengthened its positions in the retail and corporate banking segments, focusing on mobile applications, online payments, and the development of partnership platforms.
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