Former head of GUGI Timur Malbashev appointed director of "Kyrgyz Oil Company" instead of Aivar Monoldorov

Яна Орехова Exclusive
VK X OK WhatsApp Telegram
- Timur Zharishbekovich Malbashev has been appointed as the director of the state enterprise "Kyrgyz Munai Kompaniyasy" ("Kyrgyz Oil Company") based on an employment contract signed by the Chairman of the Cabinet of Ministers Adylbek Kasymaliev on February 16, 2026.

This appointment was made in accordance with Article 18 of the constitutional law of the Kyrgyz Republic "On the Cabinet of Ministers of the Kyrgyz Republic".

Previously, from April to November 2025, T. Malbashev served as the acting director of GAUGI.

At the same time, according to the order of the Chairman of the Cabinet of Ministers, Aivar Monoldorov was relieved of his duties as the director of "Kyrgyz Munai Kompaniyasy".

Brief biography:

04.2025-11.2025 - Director of GAUGI under the Cabinet of Ministers of the KR;

06.2023 - Head of the Department for Interaction with Joint Stock Companies of GAUGI under the Cabinet of Ministers of the KR;

06.2020-06.2023 – Head of the Department for Working with Economic Entities and Corporate Governance of FUGI under the PCR;

07.2017-06.2020 - Head of the Department of Property Relations of FUGI under the PCR;

12.2016-07.2017 - Head of the Internal Audit Department of FUGI under the PCR;

11.2016-07.2016 - Head of the Department for Disposal and Use of Property of FUGI under the PCR;

08.2015-11.2016 - Head of the Internal Audit Department of FUGI under the PCR;

11.2012-08.2015 - Head of the Department for Property Disposal of FUGI under the PCR;

10.2012-11.2012 - Assistant to the Chairman of FUGI under the PCR;

09.2007-08.2008 - Institute of Economics and Business of KSU named after A. Arabayev;

12.2006-09.2012 - Specialist, Leading Specialist, Chief Specialist of the Rental Department of the Department of Property Relations of the Ministry of State Property of the KR;

07.2006-11.2006 - Freelance employee of the Administration of the President of the KR.
VK X OK WhatsApp Telegram

Read also: