Board of Directors

Kurmangazy Iskaziyev


He has been the Chief Executive Officer and Chairman of the Management Board at KMG EP since September 23, 2015.
He is a graduate of the Kazakh Lenin Polytechnic Institute as Mining Geological Engineer. He embarked upon his career as Reservoir Operator at Balykshy Office of Exploration Drilling. He then became Geological Engineer in thematic exploration team at Embaneft production association, and then as Cementing Shop Operator at Embaneft association. Between 1991 and 1993 he was Geologist in Exploration Drilling Expedition No.1 at Balykshy office of Exploration Drilling. Between 1993 and 1995 he was Geologist at Central Dispatch Office at Atyrau Drilling Office of Embamunaigas. Between 1995 and 2004 he was Chief Geologist/Deputy Director at Atyrau Office of Enhanced Oil Recovery and Workovers; and then as Director of Department for Geology and Operations Development of Oil Fields at Embamunaigas. Between 2004 and 2008 he was Deputy Director and then was promoted to Director of Geology and Operations Development Department at KazMunaiGas Exploration & Production. Between 2008 and 2015 he was Executive Director for Oil and Gas Production; Managing Director for Geology, Geophysics, and Reservoirs; Chief Geologist; Deputy Chair of the Management Board for Geology and Promising Projects; Managing Director for Non-Operating Producing Assets (Tengiz, Kashagan, and Karachaganak); and Managing Director for Geology at National Company KazMunayGas. Between January and September of 2015 he was General Director and Chair of the Management Board at Embamunaigas.
He was awarded with diplomas of  National Company KazMunayGas, KazMunaiGas Exploration & Production, Committee of Geology and Subsoil Use, jubilee medals, including the medal "25 years Independence of the Republic of Kazakhstan" (2016), the Kurmet Order (2016).
He is a Honorary Explorer of the Republic of Kazakhstan, in 2015 he was awarded with State Al Farabi Award in Science and Technology for series of works on scientific rationale of hydrocarbon potential in Kazakhstan.
Candidate of Geology and Mineral Sciences, Author of more than 12 scientific publications, co-author of the book "Geological Structure and Prospects of Oil and Gas Potential of the Northern and Middle Caspian".

Dauren Karabayev

Executive Vice President – Finance Director at NC KMG, Chairman of the Board of Directors of KMG EP

Dauren Karabayev, CFA, Executive Vice President – Finance Director at NC KMG, was elected to the Board of Directors of KMG EP in May 2017. In September 2017 was elected as Chairman of the Board of Directors of KMG EP. Prior to that, he held a position of Deputy Chair of the Management Board at Halyk Bank of Kazakhstan from March 2007. He has a Master of Finance degree from Mays Business School – Texas A&M.

Oleg Karpushin

Executive Vice President for Production, Exploration and Oilfield Services at JSC National Company KazMunayGas

Oleg Karpushin, Executive Vice President for Production, Exploration and Oilfield Services at JSC National Company KazMunayGas. Graduated with honors from Gubkin Russian State University of Oil and Gas with the specialization of mining engineer and holds a Global Executive MBA degree from Duke University’s Fuqua School of Business. Held executive positions in the Shell group of companies for over 11 years. These companies included Salym Petroleum Development N.V., Shell Petroleum Development Company of Nigeria, Sakhalin Energy Investment Company.  Also worked as Deputy Chairman of the Management Board – operations director for PAO Novatek.

Ardak Mukushov

Vice President for Legal Support at NC KMG

Ardak Mukushov has been Vice President for Legal Support at NC KMG since January 2017. Prior to this role, he held various senior management positions at NC KMG and Ministry of Oil and Gas. He also serves as the member of the Board of Directors of Kaztransoil since May 2014 and the member of the Board of Directors of Kaztransgas since April 2016. He has a degree in Law and Legal Education from Lev Gumilev Eurasian University and a degree in Economics from Ryskulov Kazakh University of Economy.

Gustave Louis Eugene van Meerbeke

Independent consultant, oil and gas

Mr G.L.E van Meerbeke, Dutch National, received his doctoraal (=Msc) in Geology at the State University of Leiden, The Netherlands, in february 1972. He worked first three years for Anglo-American Corporation of South Africa seconded to the Beers Consolidated Diamond Mines. He joined Royal Dutch/ Shell in 1975 and worked for 24 years as geologist in a variety of functions and countries (Swaziland (coal), UK, Oman, Brunei, Indonesia and The Netherlands). During his time in the head office in The Hague, The Netherlands, he was first regional geologist working in a team responsible for developing and guiding new ventures in the Middle East, South Asia and Africa and later new business advisor for Russia and the CIS region. In this capacity he was also director for various Shell exploration and development companies operating in Russia and the Caspian region: Shell Kazakhstan Development BV, Shell Tulpar BV, Shell Temir BV, Salym Petroleum Development NV. He joined ABNAMRO in 1999 as sector banker Oil and Gas, continued in that function at RBS after the takeover of ABNAMRO in 2007.  He retired from RBS-GBM on 1st December 2011 due to reaching notional retirement age. After retirement he continued part time to work for RBS-GBM in the same capacity as Senior Advisor to the Project Financing oil and gas team under a call-off contract, which was ended in October 2013. Since that date he has worked part time as Independent Advisor, oil and gas, working for various banks on selected reserve based lending deals.

Alastair Ferguson

Independent Non-Executive Director of KMG EP

He was born in 1957, holds a UK passport. Has joined KMG EP Board of Directors in October, 2013. Currently Mr. Alastair Ferguson is developing his own energy advisory business to advise clients on Russian and Ukrainian Energy Business. Specific focus on strategy development and developing new business. Clients include: Statoil, Xenon Capital Partners and JKX Oil and Gas. Earlier he was a Principal and CEO Russia Energy Advisory, Moscow. He also was NED JKX Oil and Gas and Senior Advisor to Xenon Capital Partners and worked as Executive Vice President, Gas and Power, Moscow.

Philip Dayer

Independent Non-Executive Director of KMG EP

He was born in 1951, holds a UK passport. Philip Dayer LLB FCA qualified as a chartered accountant with KPMG and then pursued a career for 25 years in investment banking, specialising in advising UK listed companies. He gained extensive experience working for companies such as Barclays de Zoete Wedd and Citicorp. He retired from ABN AMRO Hoare Govett in 2005. Since then he has acted as an adviser to Rosneft on their successful flotation in 2006 and was a chairman of the audit committee of Dana Petroleum before it was acquired by KNOC. He currently sits on a number of boards, and is the senior independent director of AVEVA Group. He is also a non-executive director of CJSC VTB Capital and PAO Severstal. Philip joined KMG EP Board of Directors in May, 2010.

Francis Sommer

Independent Non-Executive Director of KMG EP

Francis Sommer has been the Independent director at Nobel Oil E&P(UK)Ltd (Nobel Upstream) since 2014, and a partner in LetterOne(L1)Energy(UK) since 2013. Prior to these roles, he was an Executive Vice President of Production and Technology in TNK-BP Holding in Russia from 2009 to 2013. He has a Master in Petroleum Engineering degree from University of Texas in Austin and a Bachelor of Science in Physics from New York University.