A new holding company, Sterling Energy Group Ltd, has appeared in the Astana International Financial Centre (AIFC). It was registered by Murat Dzhumadillaev, who previously headed the Batumi Oil Terminal. He is also the brother of former Alatau City Bank head Gulmira Dzhumadillaeva. This was reported by Qazaqyia.kz citing Kursiv Media.
Legal status and business focus
Sterling Energy Group Ltd. is registered as a Private Company and has active status. Its main activity is listed as the management of holding companies.
Sole shareholder and management
According to registry data, the sole shareholder of Sterling Energy Group Ltd. is Murat Dzhumadillaev. He also holds the positions of director and chief executive officer of the company.
Murat Dzhumadillaev's professional background
Murat Dzhumadillaev previously headed the Batumi Oil Terminal, which belongs to the Kazakh company KazTransOil.
In addition, he is the sole founder of Sterling Energy LLP, registered in Almaty. This company operates in the oil and gas sector and participates in four other legal entities.
Family ties to the banking sector
Murat Dzhumadillaev is also related to representatives of Kazakhstan's banking sector. His sister, Gulmira Dzhumadillaeva, previously headed Alatau City Bank and sits on the bank's board of directors. His brother, Talgat Dzhumadillaev, formerly served as chairman of the board of directors of Nurbank.
Alatau City Bank data
Alatau City Bank is among the largest banks in the country. By assets, it ranks sixth in the market (3.27 trillion tenge), and by equity capital it holds fifth place among Kazakh banks (878.5 billion tenge).
Bank owner
Businessman and Kaspi.kz co-owner Vyacheslav Kim acquired Alatau City Bank in July 2025.