Former head of GAUGI Timur Malbashev appointed director of "Kyrgyz Oil Company" instead of Aivar Monoldorov

Елена Краснова Exclusive
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- Timur Zharishbekovich Malbashev has been appointed as the director of the state enterprise "Kyrgyz Munai Kompaniyasy" (Kyrgyz Oil Company) under the State Agency for Management of State Property.

This decision was made by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, on February 16, 2026.

The appointment is made in accordance with Article 18 of the constitutional law of the Kyrgyz Republic "On the Cabinet of Ministers of the Kyrgyz Republic".

Previously, from April to November 2025, Timur Malbashev served as the director of GAUGI.

As a result of the Chairman of the Cabinet's order, Aivar Monoldorov was relieved of his duties as the director of "Kyrgyz Munai Kompaniyasy".

Brief biography and work experience:

04.2025-11.2025 — Director of GAUGI under the Cabinet of Ministers of the Kyrgyz Republic;

06.2023 — Head of the Department for Working with Joint-Stock Companies of GAUGI under the Cabinet of Ministers of the Kyrgyz Republic;

06.2020-06.2023 — Head of the Department for Working with Economic Societies and Corporate Governance of FUGI under the President of the Kyrgyz Republic;

07.2017-06.2020 — Head of the Department of Property Relations of FUGI under the President of the Kyrgyz Republic;

12.2016-07.2017 — Head of the Internal Audit Department of FUGI under the President of the Kyrgyz Republic;

11.2016-07.2016 — Head of the Department for Management and Use of Property of FUGI under the President of the Kyrgyz Republic;

08.2015-11.2016 — Head of the Internal Audit Department of FUGI under the President of the Kyrgyz Republic;

11.2012-08.2015 — Head of the Department for Property Management of FUGI under the President of the Kyrgyz Republic;

10.2012-11.2012 — Assistant to the Chairman of FUGI under the President of the Kyrgyz Republic;

09.2007-08.2008 — Institute of Economics and Business of KSU named after A. Arabayev;

12.2006-09.2012 — Specialist, Leading and Chief Specialist of the Lease Department of the Department of Property Relations of the Ministry of State Property of the Kyrgyz Republic;

07.2006-11.2006 — Freelance employee of the Administration of the President of the Kyrgyz Republic.
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