From a lecturer to an Adviser to the President: who is BulatUtemuratov?
There is hardly anyone in Kazakhstan who hasn’t heard the name of BulatUtemuratov. He does not like doing interviews, that is why his biography was supplemented more than once with the most incredible information. We decided to collect only reliable facts (the full version of the biography is available on the website https://bulatutemuratov.com/).
BulatUtemuratov is an economist by training
Moreover, at the beginning of his career he worked as an ordinary lecturer at his alma mater – at the Economics faculty of the Narkhoz University in Almaty. Then, BulatUtemuratov became the head of the department in the Ministry of Foreign Economic Relations and since then he has not left big politics and public activities.
Utemuratov got his first “business hardening” in Austria
He deployed there as a broker between the Republic and potential buyers of Asian raw materials. And soon, the first credit line from Bank Creditanstalt was opened for Kazakhstan. Working with the government and life in Europe encouraged the young state official to take on his own business projects – his first big money Utemuratov earned by reselling non-ferrous metals of domestic producers abroad.
Utemuratov’s capital is estimated from $2.2 to $3.4 billion
The entrepreneur owns the largest companies in the banking, raw materials and constructing sectors, as well as in the real estate and telecommunications industry. Utemuratov tops the list of the 50 most influential citizens of Kazakhstan and is rightly considered one of those who stood at the origins of the formation of the economy of an independent Republic. The first steps in the entrepreneurial activity – the creation of a financial enterprise of ATF Bank CJSC – made it possible to form the basis of the banking system of Kazakhstan.
BulatUtemuratov influenced the formation of a democratic society in the Republic of Kazakhstan
Diplomatic service and business relations with European partners were useful to Utemuratov on his return to his motherland. In the early 2000s he headed the National Commission on Democracy and Civil Society – the effective dialogue of the current government with the opposition determined the direction of development of democratic processes in the Republic.
BulatUtemuratov has been the head of the Tennis Federation for more than ten years. He has been into the sponsor and benefactor activity, and he has also been implementing major charity projects for ten years already. The businessman’s complete biography can be read here: https://bulatutemuratov.com/biography-of-bulat-utemuratov/.