Serik Shakhazhanov
Chairman of the Management Board
Eurasian Group (ERG)
1998 to 1999, he worked as an expert of the marketing and financial analyses department at NC Naizatas CJSC. 2000 to 2001, as a manager of the pension fund in the Pavlodar branch of PSF Umit CJSC. Serik Shakhazhanov began his career in the Eurasian Group in 2001 as an Economist of the Financial Department of the Aksu Ferroalloys Plant. Then he headed the Financial Department of the Aktobe Ferroalloys Plant, and later - the Treasury Department of TNC Kazchrome JSC. From January 2009 through April 2014 he worked as a Vice President for Finance and Economic Affairs of TNC Kazchrome JSC. He was in charge of financial and economic activities of the Company, kept control of tax and accounting services of the Company, participated in ERP development and introduction. In May 2014 he joined Eurasian Group LLP where he became the Managing Director for Analysis and Strategic Development. Since 2014 he held position of a Deputy Chairman of the Board for Strategy and Development of the Company. Serik Shakhazhanov supervised cost-effective and optimal long-term strategic development plans at enterprises of the Group, analysis and approval of capital expenses by operational assets in Kazakhstan , procurement methodology, creating and analysis of annual procurement programmes.
ESG in Mining and Metals Industry: ERG Vision
In December this year, ERG will celebrate its 27th anniversary. What makes the company successful and what helps the Group to sustain the competition. The four factors of ERG's success ESG ESG leadership is becoming one of the key factors of the company's stable development and investment attractiveness. At Eurasian Group, we have made the ESG agenda the pillar of our strategy. Investment Projects The Group has initiated substantial investments in further increase of capacities. In Kazakhstan alone, we are planning to invest up to $6 billion in development projects. Having reviewed ERG's portfolio of major projects, we selected those of critical importance. Digitalization The accelerated rate of change increases requirements and poses new challenges to companies every day. Digital business transformation is becoming part of the company's DNA. ERG has a vision for meeting the digitalization trends in the industry. Personnel and Community • A new functional Personnel Management strategy was developed to improve the employees’ working conditions and living standards. • Implementation of a multi-year development program for the regions where ERG operates - improvement of living standards, professional development of young people, health care and sports.