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Ilkyavichus, member of board, responsible for transformation of Samruk-Kazyna SWF to step down- source

12.01.2018 Astana. January 12. KazTAG - Adamas Ilkyavichus, member of board Samruk-Kazyna Sovereign Wealth Fund, responsible for transformation and modernization of the fund, is going to step down, said an informed source in Astana.
"A. Ilkyavichus, responsible for transformation and modernization of the fund in the time of chairmanship of Umirzak Shukeyev is going to resign. Lately he has been promoting so called transformation. It is not known what he will be offered. For now he is a member of board of affiliated companies of the fund, including Kazakhstan Temir Zholy," said the source.
As previously reported, Alik Aidarbayev, First Vice Minister of Investments and Development will transfer to Samruk-Kazyna fund where he will take the post of deputy chairman of the fund.
Besides that, a source said on January 12 that staff reduction is planned in the fund.