XXI Eurasian Bond Congress / I Issyk-Kul Forum of Capital Markets

Mrs. Ainabayeva was invited for the position of Deputy Chairman of SkyBridge Invest in July 2013. Her previous position was a Chairman of the Management...

Mrs. Ainabayeva was invited for the position of Deputy Chairman of SkyBridge Invest in July 2013. Her previous position was a Chairman of the Management Board of JSC “Kazkommerts Securities” (Subsidiary Company of JSC “KazkommertsBank”) during 2005-2013. She also worked for such companies as JSC “KazkommertsBank”, JSC “Kcell”, JSC “RG Securities”. Mrs. Ainabayeva was a Member of the Exchange Council of Kazakhstan Stock Exchange and a Member of the Board of Directors of Central Securities Depository. Mrs. Ainabayeva graduated from the Leningrad Finance and Economics Institute.

A practicing entrepreneur with 15 years of experience in creating and scaling businesses in IT, education and the crypto industry. IT, AI and Blockchain Consultant,...

A practicing entrepreneur with 15 years of experience in creating and scaling businesses in IT, education and the crypto industry. IT, AI and Blockchain Consultant, Commercial Director of Royal.inc

He has more than 15 years of experience in international banking and investment management. Worked on projects in the USA (Barclays Capital), UK (Credit Suisse)...

He has more than 15 years of experience in international banking and investment management. Worked on projects in the USA (Barclays Capital), UK (Credit Suisse) and Russia (Exillon Energy). Previously responsible for creating a company with a market capitalization of over $1 billion. Graduated from the Faculty of Economics and Mathematics of Colby College, USA, has an Executive MBA degree from Kellogg-Guanghua and CFA and FRM certificates.

Bakhodir Atakhanov headed the Center for Coordination and Development of the Securities Market of Uzbekistan (2012 - 2017, 2017 - 2019), was Deputy Minister of...

Bakhodir Atakhanov headed the Center for Coordination and Development of the Securities Market of Uzbekistan (2012 - 2017, 2017 - 2019), was Deputy Minister of Health of Uzbekistan (2017) and Executive Director of the Digital Economy Development Support Fund (2019). The Center for Securities Market Coordination and Development (1996 - 2019) was the authorized state body to regulate Uzbekistan's securities market. In January 2019, its powers, tasks and functions were transferred to the Capital Market Development Agency of Uzbekistan (ARRC). Since May 2021, ARRC is abolished, with the transfer of powers, tasks and functions to the Ministry of Finance of Uzbekistan.

Berdigulova Aigul Ryskulovna — Has been working at the EDB since 2015. She is engaged in the analysis and forecasting of key macroeconomic indicators of...

Berdigulova Aigul Ryskulovna — Has been working at the EDB since 2015. She is engaged in the analysis and forecasting of key macroeconomic indicators of the Bank's member countries. She has many years of experience working on applied research projects. She regularly publishes works on economic development issues.

Alexander Budarin has been working at Cbonds since 2019, currently is the head of Emerging Markets content group, and also Product Owner for the...

Alexander Budarin has been working at Cbonds since 2019, currently is the head of Emerging Markets content group, and also Product Owner for the Cbonds Add-in. The area of responsibility includes the quality of coverage on Emerging Market bonds and the stability of the Add-in. Graduated with a bachelor's degree from the Central University of Finance and Economics (Beijing) in 2019, in 2021 graduated with a master's degree in Applied Economics and Mathematical Methods at the Higher School of Economics.

Bakhtiyar Igamberdiev is a PhD candidate in Economics and an Associate Professor at Alatoo International University. He holds an MA in the European Union and...

Bakhtiyar Igamberdiev is a PhD candidate in Economics and an Associate Professor at Alatoo International University. He holds an MA in the European Union and Central Asia in the International System from the Institute for European Policy (IEP) and the International Center for European Education (CIFE). He has participated in several projects, conducting research as a visiting scholar at DePaul University, Chicago, IL, USA (2018-2019), Indiana University, Bloomington, IN, USA (2012), and George Mason University, VA, USA (2008-2010). His research interests lie at the intersection of institutional and development economics, as well as public choice theory.

Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as...

Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as Client Relations Manager and then as Head of Marketing Research). In 2000, he organized the Internet portal Cbonds.Ru. He has been CEO of Cbonds.ru LLC since 2001. Under the leadership of Sergey Lyalin Cbonds News Agency has become the leading source of information on the Russian and CIS bond market. He started publishing Cbonds Review magazine in 2006 and was its Editor-in-Chief in 2006-2007. He is the author of Corporate Bonds: Global Experience and Russian Prospects (2001) and a number of articles on the securities market. Sergey Lyalin graduated from St. Petersburg University, Department of Economics (a diploma of economist - mathematician). Holds a PhD in Economics. Finished Executive MBA at Graduate School of Management (GSOM) at Saint-Petersburg State University in 2018.

Specialist in management in the non-profit sector. Since 2021, he has been working in the team of the European University at St. Petersburg, responsible for...

Specialist in management in the non-profit sector. Since 2021, he has been working in the team of the European University at St. Petersburg, responsible for the endowment activities and a number of related areas. Since spring 2023, he has been heading the Aurora-Ala endowment fund (Almaty). He took part in the development of the draft law on endowment funds in Kazakhstan, coordinates professional meetings of endowment funds and cooperation between endowments of Kazakhstan and Russia.

Yerzhan is the CEO of Fonte Capital Ltd and holds an Approved Individual certificate issued by the independent regulator of financial services and related activities...

Yerzhan is the CEO of Fonte Capital Ltd and holds an Approved Individual certificate issued by the independent regulator of financial services and related activities in the AIFC — Astana Financial Services Authority (AFSA) in January 2022. He has more than 15 years of experience in the financial sector, including his role at the Kazakhstan Stock Exchange (KASE), where he served as Director of Clearing and led several key projects, such as the launch of the derivatives market and the introduction of the internationally renowned T+2 settlement cycle. Yerzhan is also a partner at the independent investment firms Almak Capital and Almak Ventures, as well as a member of the Board of Directors at Avo Bank and the independent investment company Altyn Adam Associates. He graduated from the Faculty of Mechanics and Mathematics at Lomonosov Moscow State University, holds a Certified Clearing Specialist qualification from Deutsche Börse (Eurex), and has been awarded the «Best Financier» medal by the Union of legal entities “Financial Institutions’ Association of Kazakhstan”.

Total experience in the stock market - more than 11 years. He was head of the IT Department of the Kyrgyz Stock Exchange and vice president...

Total experience in the stock market - more than 11 years. He was head of the IT Department of the Kyrgyz Stock Exchange and vice president of the KSE. He was a member of various interdepartmental working groups to develop a strategy for financial inclusion and improve public management in joint-stock companies with state shares.

Vugar Namazov received his bachelor's degree in Finance from the Azerbaijan State University of Economics (UNEC) in 2005 and a master's degree in International economic...

Vugar Namazov received his bachelor's degree in Finance from the Azerbaijan State University of Economics (UNEC) in 2005 and a master's degree in International economic relations from the same university in 2007. Since 2025 holds PhD in economics from Azerbaijan State University of Economics. In 2021, he studied at the Kellogg Business School's Organizational Leadership Program. Mr. Namazov holds Professional Project Manager (PMP) certificate from the Project Management Institute (PMI). Starting from 2021, Vugar Namazov joined Unicapital Investment Company OJSC, one of the leading investment company in Azerbaijan, as an Advisor to the General Manager. Starting form 2023 Mr. Namazov holds a position of Chief Executive Officer. He has huge expertise in finance and financial institutions, IT, trading infrastructure, project management, international relations and public administration. Mr. Namazov has held various senior positions at the Baku Stock Exchange for more than 13 years, including the Chairman of the Executive Board. Before joining the Unicapital team, he worked as an advisor to the Chairman of the Board at Agrarian Procurement and Supply OJSC under the Ministry of Agriculture of the Republic of Azerbaijan. In parallel, Vugar Namazov holds a position of researcher at the Eurasian Economy Research Center at Azerbaijan State University of Economics. Since July 2023, Mr. Namazov was appointed as the member of the Observative Board of the National Depository Center of the Republic of Azerbaijan. Since 2024, Mr. Namazov was appointed as the deputy Chairman of the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) Banking, Finance and Insurance Committee.

Sanjar is an investment banking professional with over 10 years of experience in the capital markets, having participated in and led almost all of the...

Sanjar is an investment banking professional with over 10 years of experience in the capital markets, having participated in and led almost all of the largest and most significant transactions in Kazakhstan over the past decade.

Timur Salimov, Chairman of the Management Board of Jusan Invest JSC. Timur has 20 years of experience in finance in the field of brokerage and...

Timur Salimov, Chairman of the Management Board of Jusan Invest JSC. Timur has 20 years of experience in finance in the field of brokerage and investment services. He held key management positions in such companies as Asyl-Invest, Real Invest Group, Kazkommerts Securities and Halyk Global Markets. Since July 2023, he has held the position of Chairman of the Management Board at Jusan Invest JSC.

Boris Sarnov is a senior financial services executive with nearly 20 years of experience across global markets, investment banking, and securities services. He currently heads...

Boris Sarnov is a senior financial services executive with nearly 20 years of experience across global markets, investment banking, and securities services. He currently heads the Global Markets Department at META-X Markets CJSC, where he oversees multi-asset trading, sales, and strategic business development. Previously, Boris held senior roles at Deutsche Bank in Moscow and Frankfurt, leading issuer services across CEE and CIS, managing Global Equity Services in Russia and CIS, and driving fintech product innovation in ESG investments. Earlier in his career, he held leadership positions at ING and Citibank, focusing on sales and relationship management. He is a certified professional in the Russian stock market and a regular speaker at financial industry events across the EMEA region.

CFA, Ph.D. – Associate Professor at Higher School of Economics, Moscow. Previously chief economist at RusRating Agency, senior fixed-income analyst at Uralsib Capital, Troika Dialog,...

CFA, Ph.D. – Associate Professor at Higher School of Economics, Moscow. Previously chief economist at RusRating Agency, senior fixed-income analyst at Uralsib Capital, Troika Dialog, Alliance Bernstein. Graduated from University of Missouri, University of Illinois, got Ph.D. at Moscow State University.

Has many years of experience in the public sector, including the Ministry of Economy of the Republic of Uzbekistan. Specialist in accounting and finance. Has...

Has many years of experience in the public sector, including the Ministry of Economy of the Republic of Uzbekistan. Specialist in accounting and finance. Has a master's degree in Islamic finance (INCEIF University, Malaysia) and is a holder of the AAOIFI CSAA certificate (Certified Sharia Auditor and Consultant).

Alexander Khvan is an expert with 20 years of international experience in finance, banking, and management. Key milestones in his professional journey include: — FINCA International –...

Alexander Khvan is an expert with 20 years of international experience in finance, banking, and management. Key milestones in his professional journey include: — FINCA International – nearly 10 years in leadership roles, including Head of Strategic Projects and Regional Operations Manager — Mikro Leasing Uzbekistan – Chief Commercial Officer and board member; under his leadership, the company ranked 1st in sales among leasing companies in Uzbekistan in 2023 — Alfa-Bank Ukraine, OTP Bank, Raiffeisen Bank Ukraine – experience in building and managing SME lending and risk management divisions — Business & Finance Consulting GMBH – banking advisor for international projects — Founder of PrimeFinance.kg – the first crowdfunding platform for startups and SMEs in Kyrgyzstan — Led strategy and investments at N HOLDING — Member of the Expert Council of the Association of Virtual Asset Market Participants

Aida Almazovna Chodulova is the Acting President of the Kyrgyz Stock Exchange CJSC. She has over 20 years of experience in the securities market and previously...

Aida Almazovna Chodulova is the Acting President of the Kyrgyz Stock Exchange CJSC. She has over 20 years of experience in the securities market and previously served as Vice President of the Kyrgyz Stock Exchange. She has been awarded Certificates of Honor by the State Service for Regulation and Supervision of the Financial Market of the Kyrgyz Republic in 2010 and 2020 for her long-standing and dedicated service, as well as her significant contribution to the development of the financial market in the Kyrgyz Republic.

**Bakyt Esenaliev** Head of the Strategic Development Department, Financial and Credit Fund under the Ministry of Finance of the Kyrgyz Republic Bakyt Esenaliev has served as Head...

**Bakyt Esenaliev** Head of the Strategic Development Department, Financial and Credit Fund under the Ministry of Finance of the Kyrgyz Republic Bakyt Esenaliev has served as Head of the Strategic Development Department since January 2025. Previously, he led the Department of Industry and Entrepreneurship Lending at the Financial and Credit Fund under the Ministry of Finance of the Kyrgyz Republic from 2022 to 2025, and the Department of Strategic Analysis and Reporting at the State Agency for Management of Budget Loans (Ministry of Economy and Finance of the Kyrgyz Republic) from 2021 to 2022. Before entering the financial public sector, Bakyt served in the Ministry of Defense of the Kyrgyz Republic from 1998 to 2021. He took part in the Batken events of 1999–2000. He holds degrees in economics from the Bishkek State Institute of Economics and Commerce and in law from the Kyrgyz State Law Academy. He completed officer training at the U.S. Army Command and General Staff College in Fort Leavenworth, Kansas (2016–2017). He has also undertaken professional development programs in debt risk management (World Bank, Vienna, 2023), public sector innovation (Civil Service College, Singapore, 2023), and cross-border trade quality (Ministry of Commerce of the People’s Republic of China, Beijing, 2024).

She received her degree in Finance and Credit from Kyrgyz State University. She has worked in both private companies and government institutions, including the State...

She received her degree in Finance and Credit from Kyrgyz State University. She has worked in both private companies and government institutions, including the State Service for Regulation and Supervision of the Financial Market, the National Securities Market Commission under the President, and the Administration of the Jogorku Kenesh. Since April 2012, she has been serving as the President of CJSC "Central Depository".

CEO and founder of Portfolio Investments Member of the Board of Directors of the National Association of Investment Institutions Munir Yakubov is a recognised investment banking expert...

CEO and founder of Portfolio Investments Member of the Board of Directors of the National Association of Investment Institutions Munir Yakubov is a recognised investment banking expert with over 15 years of experience in mergers and acquisitions (M&A), privatisation, IPOs and corporate finance. He is the founder and CEO of Portfolio Investments, one of Uzbekistan's leading investment advisory firms specialising in structuring transactions and attracting foreign investment.