The management of “Kygyzaltyn” earned over 40 million KGS in a year

According to the company’s data, the compensation paid to the management of the Open Joint-Stock Company “Kyrgyzaltyn” for 2025 exceeded 63 million KGS.

The largest portion of the payments went to the management board. Salaries and bonuses for management board members totaled 42.7 million KGS, compared to 36.3 million KGS a year earlier. The company also transferred an additional 7.37 million KGS as contributions to the Social Fund. Thus, total expenses for the management board reached 50.1 million KGS.

Remuneration for the board of directors was significantly more modest. Salaries and bonuses for board members totaled 11.3 million KGS, while contributions to the Social Fund amounted to 1.95 million KGS. Total expenses for the board of directors reached 13.25 million KGS.

In total, Kyrgyzaltyn allocated approximately 63.3 million KGS for payments to senior management and related social contributions. For comparison, in 2024 this figure was 53.96 million KGS. Thus, management expenses increased by nearly 17.3% over the year.

The increase in payments to the management board was particularly notable. Salaries and bonuses increased by 17.6%, while payments to the board of directors rose by approximately 13.9%.

According to the company’s financial statements, the Kyrgyzaltyn management board consists of Chairman Kubat Abdraimov and his four deputies: Argen Zhamaev, Nurlan Isakov, Aisha Karlaeva, and Bolotkan Kachkymbaev. The Board of Directors is headed by Suyerkul Bakirov and also includes Tagaybek Kazakbaev and Nurtazin Jetybaev.

If we divide the management expenses among the five members of the executive body, the average cost per executive was approximately 8.5 million KGS per year, or 711,700 KGS per month.