AKIPRESS.COM - The Board Management of sovereign wealth fund of Kazakhstan Samruk-Kazyna JSC approved a new structure on January 15, the fund said in a release.

The number of top managers in the new structure was reduced 10 to 5, the number of departments and structural was reduced from 37 to 27, and one position of the Deputy Chairman of the Management Board was appointed, the statement said.

"The organizational structure has been changed to increase mobility and management efficiency, deepen the process of Samruk-Kazyna’ Transformation Programme, introduce a vertical structure of asset management, and improve the economic efficiency of national companies within the Fund's structure.
The new structure was put in place on January 11, 2018," the statement said.