Fonte Capital Ltd announces changes to the Management Board

Fonte Capital Ltd announces the appointment of Pavel Afanasyev as Chief Financial Officer. On 4 June 2025, Mr. Afanasyev obtained the Approved Individual status from AFSA for his current role.

Mr. Afanasyev brings over 15 years of experience in the financial sector, having held senior positions at the Kazakhstan Stock Exchange (KASE), the Financial Institutions’ Association of Kazakhstan, the Insurance Payment Guarantee Fund, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, and other financial institutions. From December 2022 to June 2025, he served as Chief Operating Officer at Fonte Capital Ltd.

Mr. Afanasyev holds a Bachelor's degree in Business Economics from the Kazakhstan Institute of Management, Economics and Strategic Studies (KIMEP), and has been recognized with several public awards for his contributions to the development of the financial sector of the Republic of Kazakhstan.

Additionally, by the Resolution of the General Meeting of Shareholders of the Private Company Fonte Capital Ltd dated 4 June 2025, Alexandr Berdyugin, Chief Compliance Officer, joined the Management Board.

Mr. Berdyugin holds a degree in economics and brings over 20 years of experience in the financial sector. Throughout his career, he has been actively involved in the development and implementation of risk management systems, compliance frameworks, and anti-money laundering and counter-terrorist financing (AML/CTF) controls, consistently demonstrating a high level of professional competence and organizational skills.

Mr. Berdyugin’s professional reputation has been recognized by the Financial Institutions’ Association of Kazakhstan, which awarded him a commemorative medal for his contribution to the financial sector. He is also certified to perform AML-related duties by the National Public Service Personnel Management Center JSC