Three members of the board of BTA Bank, owned by businessman and millionaire Kenes Rakishev, received total remuneration of 238.5 million tenge in 2025. This was reported by Qazaqyia.kz citing Kursiv Media.
According to data disclosed on the financial reporting depository portal (DFO), each executive received an average of 79.5 million tenge per year, or 6.62 million tenge per month. Compared to the previous year, the amount of payments per top manager increased by 6.3%.
In recent years, the bank's management compensation has been continuously increasing. In 2020, eight board members received a total of 205.5 million tenge. That averaged 25.7 million tenge per year, or 2.14 million tenge per month per person.
In 2021, the number of board members decreased to six, while total payments rose to 221.7 million tenge. The average compensation per executive reached nearly 37 million tenge per year, or 3.08 million tenge per month, up 43.9% from the previous year.
In 2022, the board of BTA consisted of four people. They received 207.9 million tenge, averaging 52 million tenge each. Payments per top manager increased by another 40.7% over the year.
In 2023, three board members earned 168.9 million tenge. Each received an average of 56.3 million tenge per year, or about 4.69 million tenge per month. Growth compared to the previous year was 8.3%.
In 2024, the total compensation of three executives rose to 224.4 million tenge. Each received 74.8 million tenge per year, or 6.23 million tenge per month. This is 32.9% more than a year earlier.
Thus, over five years, the average compensation of one board member of BTA Bank more than tripled – from 25.7 million to 79.5 million tenge per year. At the same time, the number of top managers decreased from eight to three.
The current board of the bank includes: Sakhilzhan Dygashev, Natalya Loginova, and Akmaral Shurtabayeva.
BTA Bank, once one of the largest commercial banks in the country, officially ceased its banking activities in June 2015, voluntarily surrendering its license to the National Bank of Kazakhstan as part of restructuring and merger with Kazkommertsbank. Its main owner, according to the 2024 reporting, remains Kazakhstani millionaire Kenes Rakishev, who ranks 27th in the Forbes ranking of the richest businessmen in Kazakhstan with a fortune of $402 million.
Currently, BTA Bank operates not as a classical financial institution, but as a non-banking investment and management company focused on the collection and restructuring of problem assets.
As part of optimizing the asset structure, BTA has systematically exited foreign banking businesses. In 2024, the sale of 99.93% of shares of the Belarusian CJSC "BTA Bank" (later renamed Neo Bank Asia) was completed, and in the summer of 2025, the sale of the Ukrainian subsidiary of BTA to local investors was approved.