THE CENTER FOR EURASIAN, RUSSIAN AND EAST EUROPEAN STUDIES THE LANDEGGER PROGRAM IN INTERNATIONAL BUSINESS DIPLOMACY
Edmund A. Walsh School of Foreign Service Georgetown University
WEATHERING THE GLOBAL ECONOMIC CRISIS:
THE KAZAKH MODEL
with guest speakers
Grigori Marchenko
Governor, National Bank of Kazakhstan
Kairat Kelimbetov
Chief Executive Officer, Samruk-Kazyna Corporate Holding Group
Friday, October 8, 2010 3:30 PM
Georgetown University Riggs Library, Healy Building
Reception to follow
RSVP by Monday, October 4 to ceres@georgetown.edu
The global economic crisis challenged banks—and bank debt and equity investors—worldwide. Kazakhstan, however, was a lead ing nation in negotiating bank debt restructuring based upon a new model – a model where all stakeholders, including both equi ty and debt holders, had to share in the responsibility for the outcome. The two men responsible for leading this process for Kazakhstan’s negotiations with the international banking community—Grigori Marchenko, Governor of the National Bank, and Kairat Kelimbetov, Chief Executive Officer of Samruk-Kazyna, the largest corporate holding group—will lead a discussion about their strategy and success in these complex negotiations. Come learn about what some financial market commentators have called the “template” of a good example of how future bank debt restructuring negotiations will be managed – the new Kazakh model.
