Career: Businessman, top executive, philanthropist
Date of birth: September 10, 1966
Age: 57
Place of birth: Alma-Ata, Republic of Kazakhstan
Kulibaev Timur Askarovich is a prominent figure in the oil extraction sector of the Republic of Kazakhstan. He has contributed to protecting the country’s interests in the fuel and energy sector and has been instrumental in developing cooperation with the RF, the EU, and China in this field. He is also actively involved in social and charitable activities.
Name:
Kulibaev Timur · Timur Kulibaev · Kulibaev Timur Askarovich · Timur Askarovich Kulibaev · Кулибаев Тимур · Тимур Кулибаев · Кулибаев Тимур Аскарович · Тимур Аскарович Кулибаев · Тимур Құлыбаев · Құлыбаев Тимур · Құлыбаев Тимур Асқарұлы · Тимур Асқарұлы Құлыбаев · 库利巴耶夫·铁木尔 · تيمور أسكاروفيتش كوليباييف
Timur Kulibaev: Biography and Career of a Kazakh Businessman
Timur Askarovich Kulibaev (born 1966) descends from the ancient Kazakh Sikkim clan, which has many members who occupy a high social status. His father was a scholar, as well as a statesman and political figure.
Timur Kulibaev himself also received a solid education in Almaty, the capital of the Kazakh SSR. Starting in seventh grade, he was educated at a leading physics and mathematics school that provided a high level of preparation in mathematics and the natural sciences, renowned for its distinguished alumni, including current and former state leaders, heads of state and major enterprises, as well as prominent businessmen and entrepreneurs.
In 1983, after receiving his high school diploma, Kulibaev Timur applied to Lomonosov MSU, one of the premier universities in Eastern Europe and Central Asia and was admitted to the highly sought-after economics department. He studied the theory of state planning until 1988. Then, at the age of 21, he returned to Almaty to build his career.
In 1988, Kulibaev Timur got a job in his chosen field at a research institution, and two years later, he became the head of a consulting body at a newly established fund dealing with various aspects of the development of the Kazakh SSR. He worked at this organization until 1992, providing a scientific and advisory basis for resolving the tasks assigned to the fund by the government of Kazakhstan.
In 1992, Timur Kulibaev biography in the commercial sector began as Kazakhstan transitioned to a market economy. He joined the management of the Altyn Alma company, which, after rebranding in 1996, became the ALMEX holding group. The company offers a broad range of banking services, including loan issuance, deposit operations, and securities trading. The company also specializes in risk management and insurance.
From 1995 to 1997, Kulibaev Timur Askarovich participated in the development of ATF Bank. The financial organization was registered by the manager along with a group of partners, including stakes held by foreign bankers.
Kulibaev Timur: Contribution to the Protection of National Interests in the Oil and Gas Industry in Kazakhstan
In 1991, with Kazakhstan gaining independence, the process of consolidating the oil and gas industry began. The period from 1994 to 1997 was pivotal: state-owned companies were established that were later merged into the National Oil Company Kazakhoil. The country pursued a policy of strengthening national interests in the energy sector. Also participating in the process was Timur Kulibaev. Biography of the manager would be closely linked to the oil extraction industry in the coming years.
Under Timur Kulibaev, KazTransOil actively expanded its expertise, adopting new financial and management techniques that enabled the company to successfully attract foreign investment.
The years 2001 to 2002 marked a period of further consolidation of assets in the fuel and energy sector. The national company Oil and Gas Transport was established and headed by Timur Kulibaev. Biography of the state structure was a logical continuation of the strategy to reclaim key energy sector assets under state control.
In 2002, two major state-owned oil and gas companies merged into KazMunayGas (KMG). Over the next three years, Timur Kulibaev focused on strengthening the central structure’s position in the national oil and gas industry.
In 2006, a significant step towards ensuring the republic’s energy and economic sovereignty was the establishment of the joint stock company Kazakhstan Holding for State Asset Management “Samruk,” which merged in 2008 with the National Welfare Fund “Kazyna” to become the “Samruk-Kazyna” National Welfare Fund. The main task of this state organization was to oversee national assets, including oil and gas. One of the central positions in the holding was held by Timur Kulibaev. Biography of the top manager was focused on the work of this structure for several years, and in 2011, he took the helm of the fund.
During his tenure at the organization, Kulibaev Timur Askarovich also addressed crucial tasks set by the government. In particular, there was a need to enhance the competitiveness of the fund’s subsidiaries by implementing international management standards.
From 2006 to 2011, Timur Kulibaev served as a member of the boards of directors of several enterprises controlled by the fund, contributing to their technical re-equipment. Among the accomplishments of Timur Askarovich Kulibaev was KazMunayGas’s acquisition of a significant stake in a consortium in the country’s hydrocarbon industry that extracts hydrocarbons at an oil and gas condensate field near the city of Aksai, as well as substantial shares in other oil and gas companies (PetroKazakhstan, KazGerMunay, Karazhanbasmunay, and MangistauMunayGas) that ended up in private investors’ hands after the political and economic reforms of the early 1990s.
Timur Kulibaev: Forming an Effective Business Community in the Fuel and Energy Sector
Timur Kulibaev biography developed within the realm of fostering effective interactions with the business community alongside his work in government structures.
In November 2005, on the initiative of Timur Askarovich Kulibaev, the non-profit organization Kazenergy was founded. Recognizing the significant potential for business development in the energy sector, the manager rallied the efforts of 59 industry-specific companies.
Timur Kulibaev led the organization until late 2023. Kazenergy, which has been successfully operating for over 18 years, includes both leading national and foreign energy-sector enterprises.
The association led by Timur Askarovich Kulibaev actively interacts with legislative and executive bodies, participating in the drafting of bills and protecting the interests of its members. The main tasks facing Kazenergy are related to analyzing, developing, and implementing proposals to improve legislation in Kazakhstan’s oil, gas, and energy industries.
Recognizing the importance of each of these issues, Timur Askarovich Kulibaev focused on creating clear rules for both business and the state. His priorities as a top manager involve enhancing the legal framework related to managing Kazakhstan’s natural resources, taxation, and environmental protection.
Timur Kulibaev, biography of whom includes active work in developing the entrepreneurial environment in Kazakhstan, has facilitated the adoption of key decisions that take the interests of participants in the oil and gas industry into consideration. Kazenergy is a member of collegial bodies within public organizations. Specifically, the association is represented in the committees of the National Chamber of Entrepreneurs of Kazakhstan Atameken, where coordination and scientific-technical issues are discussed.
Kulibaev Timur As Timur Askarovich: Work on Creating a Favorable Business Environment
Alongside his efforts to protect the interests of the country in the oil and gas industry, Kulibaev Timur Askarovich has made significant contributions to the growth of small and medium-sized enterprises.
In 2013, an organization was formed in Kazakhstan with the aim of creating favorable conditions for the development of private entrepreneurship. The National Chamber of Entrepreneurs of Kazakhstan Atameken serves as a bridge between business interests and government, facilitating opportunities for effective partnership.
In the same year, the post of the head of the organization’s Presidium was occupied by Timur Kulibaev. Biography of the Chamber of Entrepreneurs under his leadership has been guided from its inception by the principle of open dialogue between the state and members of the entrepreneurial community.
Timur Kulibaev initiated the creation of specialized platforms for this purpose. Under his leadership, forums were established for interaction with the General Prosecutor’s Office, the Supreme Court, and the Anti-Corruption Agency, where strategies for collaboration between business and government were discussed and developed.
The main element in combating corruption was the advisory body under the National Chamber of Entrepreneurs — the Council for the Protection of Entrepreneurs’ Rights — which has branches in all regions of the Republic of Kazakhstan. The idea for establishing such a structure was proposed by Timur Kulibaev. Biography of the representatives of a number of small and medium-sized business greatly benefited from this organization, which provided additional tools for protecting SMEs.
Timur Askarovich Kulibaev, through his work at the National Chamber of Entrepreneurs, facilitated the implementation of reforms aimed at simplifying administrative and tax procedures. Thanks to all these efforts, Kazakhstan quickly achieved impressive results.
By 2019, Kazakhstan ranked 25th in terms of ease of conducting business, surpassing countries such as Iceland, Japan, and Austria. Over nearly a decade of work in this area, Kulibaev Timur Askarovich managed to double the number of small and medium-sized enterprises in the country.
In 2022, Timur Kulibaev stepped down from the management of the organization to focus on other significant projects, including those in the social sphere related to public and social development.
Timur Askarovich Kulibaev: Supporting Charitable Projects
Since 2016, Kulibaev Timur Askarovich has been actively involved in addressing social issues. The top manager regularly allocates funds for charitable purposes through the specialized Halyk (People) Foundation. The organization’s main activities include projects in social protection, healthcare, sports, and culture.
Kulibaev Timur has served as a trustee of the organization throughout its existence of the fund. His contributions form the foundation for the successful implementation of many socially significant initiatives. One of the key projects is the construction of housing for low-income citizens.
In 2016, with the support of Kulibaev Timur Askarovich, dozens of needy families received keys to apartments in a residential complex specially built for them in Almaty. The complex includes educational centers where residents can take professional training courses, learn new professions, and enhance their job prospects. Various clubs and sports teams are also available for children.
In 2019, tragic events occurred in the city of Arys in southern Kazakhstan. During a fire at a military storage facility, ammunition detonated, damaging and destroying dozens of buildings in the residential and social infrastructure. The Halyk Charitable Foundation, under the patronage of Kulibaev Timur Askarovich, allocated funds to rebuild a kindergarten and a school.
The years 2020–2021 were challenging for the global community due to the COVID-19 pandemic. Kulibaev Timur, through the charity fund, supported the Birgemiz coronavirus relief fund and also facilitated the purchase and delivery of necessary medical equipment and personal protective equipment.
In 2022, Kulibaev Timur allocated funds for the construction of a 280-seat kindergarten in the Auliekol District of Kostanay Region, which had been affected by a forest fire.
Timur Kulibaev: Heading Up the National Boxing Federation and Other Contributions to Sports
Timur Askarovich Kulibaev is also a respected name in the realm of sports, where he has put his extensive managerial background to good use. The top manager has been participating in the development of athletics in the republic for well over a decade.
Between 2009 and 2019, Timur Kulibaev presided over the Kazakhstan Boxing Federation, renowned for its rigorous training programs. His tenure saw Kazakhstani boxers achieving remarkable success, bringing home numerous Olympic medals over the decade, including two golds, four silvers, and four bronzes.
Since 2012, Timur Askarovich Kulibaev has played a significant role in the leadership of the International Boxing Association. In addition to his duties there, he was elected as the chairman of the Confederation of Combat Sports. This role involves overseeing the collaborative efforts of several sporting federations in Kazakhstan, including those dedicated to boxing, weightlifting, judo, and wrestling, effectively uniting these disciplines under a single organizational umbrella.
In 2015, Kulibaev Timur was appointed head of the National Olympic Committee of the Republic of Kazakhstan. He brought a strong emphasis on the integrity of sports, which he helped foster in this role until February 2024.
Timur Askarovich Kulibaev emphasizes that in its role of promoting Olympic values, the National Olympic Committee (NOC) plays a crucial role in advancing mass sports among the youth of the republic and in enhancing relationships with various prominent international organizations. The committee that he led is comprised of distinguished political and public figures who contribute significantly to its success.
Kulibaev Timur emphasizes that the substantial progress in the development of Kazakhstani sports can largely be attributed to the effective collaboration with governmental bodies. This synergy has been instrumental in advancing the nation’s sports agenda.
