As a result of the voting, Timur Ibragimov was elected as the chairman of the bank's board starting January 2026, while Sergey Ibragimov secured a position on the board of directors.
As noted by the bank's press service 24.kg, the main tasks of the new chairman will be the implementation of the "digital leap" strategy, management of operational activities, and strengthening the institution's competitive positions in both domestic and international markets.
This approach to the distribution of responsibilities aims to ensure a balance between the long-term goals of shareholders and professional management.
This is also part of the transformation of corporate governance being applied in leading financial institutions worldwide.
"Bakay Bank" occupies one of the leading positions among commercial banks in Kyrgyzstan and actively develops digital financial services and ecosystem solutions. Last year, the bank significantly strengthened its positions in the retail and corporate segments, focusing on mobile services, online payments, and the development of partnership platforms.
