Corporate Governance

Kg oil & gas recognizes the importance of excellent corporate governance in the Company’s development. As a result, the Board promotes excellent corporate governance standards as an important part of its work. To get this right for our stakeholders, we need clearly defined roles and responsibilities, non-executive independence, boardroom and workplace diversity, an open and transparent culture, and the work of our committees in implementing the Company’s values and policies throughout the Kg oil & gas.

Leadership

To guarantee that every choice we make is of the greatest quality, our Board aggressively challenges strategy.

Effectiveness

Our Board of Directors examines the directors' skills, expertise, knowledge, and independence on a regular basis.

Accountability

Every action we make is discussed in light of the dangers involved. Managing risk effectively .

“It’s critical that non-executive directors don’t just work in the boardroom, but also have a thorough understanding of the firm and its connections with key stakeholders.” As a result, they should take advantage of opportunities to meet shareholders, key customers, and employees at all levels of the organization.”

The Kg oil & gas relies heavily on good corporate governance. To respect and further the interests of all shareholders and instill confidence in the Kg oil & gas, good collaboration between management and the control and audit authorities is important. complies with the Kazakhstan Code of Corporate Governance, which aims to construct a transparent and responsible management and control framework that generates long-term value.

The corporate structure was transformed to a holding company in 2022. The management holding allows for a flat, simple, and transparent management structure. We can focus on client needs and market demands thanks to faster decision-making procedures and more responsibility.