Acting CEO

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).

Deputy Chairman of Executive Committee of the Bank
Head of Legal department
Graduated from the International University of Kyrgyzstan, Master of International Law. He is a professional lawyer specializing in banking, corporate, labor and land laws. Muhamed Djumaliev started his career as a lawyer for the LARC legal project, implemented by the Swiss Helvetas Kyrgyzstan Association. He joined Bai Tushum Bank’s team in 2006 and has worked his way up from a branch lawyer to a member of the Bank’s Executive Committee. He has many years of experience in law enforcement and judicial practice in banking legislation, he was directly involved in the process of transforming a microcredit company into a microfinance company with a deposit-attracting license and then to a universal bank with a full banking license. From August 2017, he is the head of the legal department, Member of the Executive Committee/Deputy Chairman of Executive Committee of the Bank.
 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.
Nazgul Aidarova
Deputy Chairman of Executive Committee of the Bank
Head of Finance department
She graduated with honors from the Higher School of Economics and Business of the International University of Kyrgyzstan majoring in Management, has a second higher degree in “Legal studies”.
Aidarova Nazgul Arystanbekovna has work experience in banking sector for more than 19 years. She worked in the areas of: lending, risk management, anti-money laundering/combating the financing of terrorism, financial management, and development of a methodology for banking products. Besides she worked as an international expert in the TACIS project to support and establish a structure for providing information, training and consulting farmers and other representatives of rural business in the Khatlon region (SITAF project), Tajikistan, in the Seed Development Project in the Republic of Tajikistan and the Kyrgyz Republic, financed by the Government of Sweden. She is a member of the group on the development of a methodological base and training for microfinance organizations under the USAID Poverty Reduction Project. She has been working in Bai-Tushum Bank CJSC since July 2012 as the head of the financial analysis and reporting division. She was directly involved in the process of transforming a microfinance company into a commercial bank with a full banking license. In October 2013 she was appointed as a Head of Finance department/Deputy Chairman of the Executive Committee of the Bank. She has the following certificates: CAP, bank accountant of 1st and 2nd levels, GARP management of banking risks, member of the Association of Accountants and Auditors and the Global Association of Risk Professionals (GARP).