The Board of Kazgeologiya
The Board is a collegial executive body of the Company administering its day-to-day operations, acting in the interests of the Company and its Sole shareholder and is accountable to it and the Board of Directors.
Determination of quantitative composition and term of office of the Board; election of members of the Board and early termination of their powers (excluding Chairman of the Board) is the exclusive competence of the Board of Directors of the Company.
The Board has the right to make decisions on any issues of the Company which are not referred by the legislative acts of the Republic of Kazakhstan and the Charter to competency of other bodies and officers of the Company.
The work procedure of the Board is determined by the laws of the Republic of Kazakhstan, the Charter and the Code of Corporate Governance and the Company’s internal documents.