ForteBank announced that by the decision of the Board of Directors of company dated February 9, 2018 powers of Magzhan Auezov as chairman of the Bank's Management Board are terminated due to the proposal of his candidacy to the post of a member of the Board of Directors with subsequent nomination to the post of the chairman of the Board of Directors. The Bank's Board of Directors has appointed Guram Andronikashvili the chairman of the Management Board of ForteBank JSC, who previously held position of the first deputy chairman of the Board. Zhumabek Mamut, who had previously held the position of a deputy chairman of the Management Board of Bank Kassa Nova JSC, is appointed deputy chairman of the Management Board of ForteBank JSC.