General manager

Graduated from Kyrgyz State National University with honors, faculties of law and economics. She has a CAP certificate, a member of Union of accountants and auditors (UAA), also has certificates of CARANA, IBTCI, MFC and from other international training centers. Gulnara Shamshieva has taken a CARANA and IBTCI specialized training courses on financial and managerial accounting, training program of the Institute of Small-scale enterprises Development in Manchester (USA) for microfinance institutions on financial accounting in commercial banks. In 2008 she completed American Bankers Association (ABA) Stonier graduate school of banking, is an expert in microfinance and banking.

From 1997 to 2001 Gulnara Shamshieva worked as an accountant and financial observer in an international project within the framework of monetization program “Food for Progress”, conducted by ACDI/VOCA NGO and Swiss organization Caritas. In 2001 she was appointed as a General Manager of Bai Tushum Financial Fund.

Gulnara Shamshieva has been at the head of Bai Tushum for more than 16 years. In this period under her management Bai Tushum was transformed from a financial fund and microfinance company with the license to attract deposits to a universal Bank with a full banking license. Under the management of Gulnara Shamshieva the bank actively implements innovations, international practice of doing business and adheres to client protection principles, builds long-term partnership relations with clients, shareholders and partners.

Deputy General Manager

Graduated from the International University in Kyrgyzstan, Higher School of Economics and Business, Master in Economics. She has more than 16 years of experience in microfinance sector. Nurgul Torobaeva started her work experience as an expert on reorganization of the financial system in frame of realization of World Bank FicSAC program of the National Bank of the Kyrgyz Republic, later she worked in Finance Company of Credit Unions Support and Development as chief expert on methodology and supervision and manager of the audit and monitoring department.

She has three year experience in the project “Development of Rural Financial Institutions” of German Organization of International Cooperation. In the capacity of achievement, adaptation of software “Micro banker” is developed by FAO with GTZ for micro finance institutions, with requirements of credit unions and implementation of given software in 10 pilot credit unions.

She is working for Bai  Tushum  since 2005 starting from the Financial Manager position. Major achievement is the building of risk-management system and enhancement of financial management system based on market risk estimation.

She is Deputy General Manager since April 2010 and coordinating Treasury, Operational Department, Information Technology Department, Methodology Department and Security Service Department of Bank.

Nurgul Torobaeva has many certificates of the Bank Training Centre (Kyrgyzstan), the Microfinance Center (Poland), the International Finance Corporation and many others.  In 2010 she finished extension courses in the Banking School of the USA Bank Association. In 2012 she successfully passed exam and obtained certificate GARP (Global Association of Risk Practitioners).

 Kurmanov K.  KANAT KURMANOV  Sales Department Manager
Graduated from I.Razzakov Polytechnic Institute with degree in Accounting and Audit.  Possesses more than 11 years of experience in micro- and SME lending. Joined Bai-Tushum Bank team in 2009, in 2014 was appointed Deputy Credit Department Manager. The broad methodological and hands-on experience in lending led to his appointment to Sales Department Manager and Deputy Executive Committee Chair positions in 2016. He specializes in micro and small financing in the Kyrgyz Republic, trade financing, contract financing programs and strategic management. His key achievement is the launch of SME lending line in the bank.
 005  VENERA ABDRAIMOVA Finance Department Manager
Received cum laude degree from the Kyrgyz State National University in Banking. Possesses more than 15 years of work experience in the banking sphere. She specializes in financial management, treasury and payment systems. Venera Abdraimova joined Bai-Tushum team in 2012, during transformation in bank. At the transformation stage she was in charge of treasury back office organization, Bank’s connection to the key payment systems: RTGS, BCS, SWIFT, money transfer systems, establishment of correspondent relations with the largest banks of Russia, Kazakhstan, Germany, USA. In 2015 was appointed Deputy Finance Manager, Financial Analysis and Reporting Department Manager. Since September 2016 she has held the positions of the Finance Department Manager and Bank’s Executive Committee member. Venera Abdraimova has multiple certificates in banking accounting, assets and liabilities management, strategic and financial management, payment systems, including SWIFT user certificates etc.