As a result of the voting, Timur Ibragimov was elected chairman of the board starting January 2026, while Sergey Ibragimov became a member of the board of directors.
According to 24.kg, the main areas of focus for the new chairman will be the implementation of the "digital leap" strategy, direct operational management, and strengthening the bank's competitive positions in both domestic and international markets.
This distribution of responsibilities is aimed at creating harmony between the long-term goals of shareholders and professional management.
These changes are part of a transformation in corporate governance, similar to the practices of the largest global financial institutions.
"Bakay Bank" occupies one of the leading positions among commercial banks in Kyrgyzstan and actively develops digital financial services and ecosystem products. Over the past year, the bank has significantly strengthened its positions in the retail and corporate banking segments, focusing on mobile services, online payments, and the development of partnership platforms.
