Corporate management

The Society develops corporate relationships, guarantees transparency in management and follows relevant standards of corporate management.

With the purpose of the corporate management improvement a new Code of the corporate management № 772-Ц of October, 2, 2008 was approved by the order of the Sole shareholder (JSC «National company «Kazakhstan temir zholy»).

According to the Code of the corporate management the corporate management of the Society is founded on the basis of justice, honesty, responsibility, transparency, professionalism and competence. Effective structure of the corporate management presupposes right and interests respect of all people working in the Society and contributes to successful activity of the Society including growth of its importance, financial stability and profitability support.

Fundamental principles of the corporate management are:

• Principle of right and interests protection of the Sole shareholder;

• Principle of effective management of the Society by the Board of directors and the president of the Society;

• Principle of independent activity of the Society;

• Principle of transparency and impartiality of information disclosure about the activity of the Society;

• Principle of legacy and ethics;

• Principle of effective dividend policy;

• Principle of effective personnel policy;

• Principle of environmental protection;

• Police of corporate conflicts and conflict of interests regulation;

• Principle of responsibility.