The Government of the Republic of Kazakhstan is the Sole Shareholder of the Joint Stock Company National Managing Holding Baiterek.The share of the state in the share capital stock is represented by the Ministry of Investment and Development of the Republic of Kazakhstan.

The Management Board consists of the representatives of the Government of the Republic of Kazakhstan, the management of "Baiterek" Holding and independent specialists.

Corporate Structure
National Management Holding “Baiterek” JSC

Corporate secretary service
Board of Directors
Internal audit service
Chairman of the Board
A centralized service for control over procurement
Government secrets protection service
Managing Director
Managing Director
Compliance service
Deputy Charman of the Board
Managing Director
Press Service
Deputy Charman of the Board
Managing Director
Managing Director
Managing Director
Human Resource Management Department
Chief of Stuff
Department of analysis and research
Asset management department
Department of housing construction asset management
Department of project financing
Department of strategic development
Corporate finance department
Risk management department
Legal support department
Department of economy and budjet planning
Operating activities department
Department of international cooperation
Accounting and reporting department
Information technology department
Treasury department
Document support service
of the holding

The Holding employs 9 subsidiaries, each of which plays its role in the country's economy.

While supporting large-scale enterprises, the “Development Bank of Kazakhstan” JSC“KazakhExport” Export Insurance Company” JSC“Kazyna Capital Management” JSC, “Kazakhstan Project Preparation Fund” LLP and the “Investment Fund of Kazakhstan” JSC provide the support tools such as debt and equity financing, insurance of export operations, lease financing and consulting for projects structuring and administration, including those being implemented under the PPP mechanism.

As for small and medium-scale businesses, “Damu” Entrepreneurship Development Fund” JSC  provides enterprises with three support tools: interest rates subsidizing, loans guaranteeing and conditional investment of funds in second-tier banks.

The “Housing Construction Savings Bank of Kazakhstan” JSC“Kazakhstan Mortgage Company” JSC focus on increasing the financial affordability of housing through the development of financing, mortgage lending, subsidies and housing rental.

At present, the Baiterek holding is implementing the order of the Head of State Kassym-Zhomart Tokayev to create a single operator of housing construction. In this regard, subsidiaries of the Holding - Baiterek Development JSC and Housing Construction Guarantee Fund JSC were merged with the Kazakhstan Mortgage Company. The single operator will start operating on January 1, 2021. He will work exclusively with private developers and local executive bodies, performing the functions of three organizations.

Moreover, the Development Bank of Kazakhstan and KazakhExport are supporting non-resource-based exporters, and QazTech Ventures, being a ‘fund of funds’, contributes to the development of technopreneurship through the tools of venture financing, business incubation and technology consulting.

“Kazyna Capital Management” JSC
“Kazakhstan Project Preparation Fund” LLP
The “Housing Construction Savings Bank of Kazakhstan” JSC
 “Damu” Entrepreneurship Development Fund” JSC
the “Investment Fund of Kazakhstan” JSC
 “Kazakhstan Mortgage Company” JSC
“KazakhExport” Export Insurance Company” JSC
the “Development Bank of Kazakhstan” JSC
QazTech Ventures
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