Margulan Seisembayev

Margulan Seisembayev (Kazakh: Сейсембаев, Марғулан Қалиұлы; Russian: Маргулан Калиевич Сейсембаев (born 2 November 1966) is a Kazakhstan businessman, financier and philanthropist.

Early life

Margulan Seisembayev was born to his mother, Seisembayeva Raushan Beysekovna (05.05.1934 – 22.05.2002); and father Seisembayev Gali Jienbayevich (02.11.1921 – 02.06.2007). His father was a WWII veteran. His parents were working at the collective farm in Jezkazgan region. In 1980 he finished school. From 1983 to 1984 Seisembayev worked as a herder. From 1984 to 1985 he worked as a hiver. For two years (1985-1987) Seisembayev served in Army. He was a squad leader. In 1991 he finished Kirov Kazakh State University with a degree in law studies.

Business career

In the beginning of the 1990s, Seisembayev founded his own company Seimar which later included a financial holding, agriculture companies, telecommunication enterprises and others. In 2000 Margulan Seisembayev became a chairman of Seimar company. In 2002 Seisembayev have bought K-Mobile, a telecommunications operator. In 2003 he became a chairman of the company "Rice of Kazakhstan". In 2004 Seisembayev sold K-Mobile to Vimpelcom for $425 mln. At that moment K-Mobile had over 600,000 subscribers.

In the 1990s he purchased and headed the commercial Alliance Bank.^[1] In 2007 it became one of the first banks in Kazakhstan to issue IPO in London Stock Exchange.^[2]

In 2009, during the world financial crisis, Alliance Bank owned by Seisembayev was nationalized, with him being accused of stealing and laundering money.^[3][4] Margulan Seisembayev had to leave Kazakhstan for some time, but in 2010 he returned.^[5]

During the trials and investigations held in Kazakhstan, Great Britain, Lichtenstein, Switzerland and UAE, Margulan Seisembayev and his team were justified and freed from paying any compensation in favor of Alliance Bank.^[6]

Managing Partner of Asadel Capital hedge fund since August 2013.

Charity work

Margulan Seisembayev has founded Seimar Social Fund,^[7] a non-commercial charitable organization working in various directions: from support of children with serious diseases to the financing of scientific books. He is a co-founder of Sponsors Club of Kazakhstan which included seven young businessmen of Kazakhstan: Bulat Abylov — the chairman of the Club, Raimbek Batalov, Erken Kaliev, Kairat Satilganov, Margulan Seisembayev, Nurlan Smagulov, Nurjan Subhanberdin. The Sponsors Club had established the independent award “Tarlan” for distinguished personalities of Kazakhstan in literature, arts and science in 7 nominations from 2000 until 2007.

In 2012 Seisembayev supported issue of the unique atlas “From Altai to Kaspiy”, describing archeological, historical and cultural monuments of Kazakhstan.^[8][9][10]

Seisembayev is also a co-founder and patron of the private English school, Heiley Berry School.^[11][12] He was also a co-founder and member of Kazakhstan’s Club of Patrons which founded the independent prize Tarlan awarded for achievements in art, science and literature from 2000 to 2007.

Margulan Seisembayev was the president of the Kazakhstan Chess Federation,^[13] and also founded Seimar Open, the Kazakhstan golf championship.^[14]

Other information

He has a wife, Saule and three daughters Zere, Dameli, Almira.^[15] His sporting hobbies include hunting, skiing, flying, and playing golf. Seisembayev speaks Kazakh, Russian, Italian and English languages.

References