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Central Securities Depository JSC

Postal address 28, microdistrict Samal-1, Almaty, 050051, Republic of Kazakhstan
Tel. +7 (727) 262 08 46, +7 (727) 355 47 60
Fax +7 (727) 262 06 22 (ext.115)

Foundation date 18 July 1997

KACD was established on 16 May 1997. Initial state registration was carried out on 18 July, 1997, and re-registration on 02 February, 2005, No. 12301-1910-AO.

KACD's licensing and regulating agency is the National Bank of the Republic of Kazakhstan.


KACD is the only organization in the territory of the Republic of Kazakhstan which is carrying our depository activity.

License #2 for the following banking operations in national and foreign currencies of January 20, 2006 issued by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial market and Financial Organizations:

  1. opening and maintaining bank accounts of legal entities;
  2. opening and maintaining correspondent accounts of banks and organizations implementing certain types of banking operations;
  3. transfer operations: execution of payment and transfer orders of legal entities.

Chairman of the Management Board of Central Securities Depository JSC

ADIL MUKHAMEJANOV was born in 1981 in Almaty.


He graduated from the Kazakh Academy of Labor and Social Relations (Almaty) in 2002 with a major in "International Economics", qualification — Economist, International Relations Expert.

In 2019 graduated from Nazarbayev University (Astana), Higher School of Business, qualification — Executive Masters of Business Administration (EMBA).

Work experience

2002—2019 — the National Bank of the Republic of Kazakhstan (Almaty):

  • 2002—2004 — Chief Economist of the Settlements and Lending Division, Monetary Operations Department;
  • 2004—2009 — Chief Analyst of the Analysis and Risks Division, Monetary Operations Department;
  • 2009—2015 — Head of the Money and Credit Operations Division, Monetary Operations Department;
  • 2015—2019 — Deputy Director of the Monetary Operations Department.

2019—2020 — FHS JSC, Managing Director, Director of the Investment Consulting Department.
2020—2021 — Kazakhstan Stock Exchange JSC:

  • 02.2020—05.2020 — Advisor to the Chairman of the Management Board;
  • 06.2020—02.2021 — Deputy Chairman of the Management Board.

From March 1, 2021 till the present — Central Securities Depository JSC, Chairman of the Management Board.

KACD as a nonprofit organization produces only common shares, which are placed among the professional participants of the securities market and international financial institutions.

On 01 January, 2013 the number of outstanding shares KACD is 271 for a total of 54 200 000 tenge (360 324.42 US dollars).

As of 01 January, 2013 KACD shareholders were:

  1. National bank of the Republic of Kazakhstan (54,98 %);
  2. Kazakhstan Stock Exchange JSC (34,69 %);
  3. 14 second-tier banks of the Republic of Kazakhstan(6,64 %);
  4. 7 brokerage companies of the Republic of Kazakhstan(3,32 %);
  5. 1 registrar of the Republic of Kazakhstan (0,37 %).

Nominal holding of securities:

KACD provides services of nominal holding to other nominal holders including foreign depositories and custodians.

KACD is an authorized depository of the National Bank of the Republic of Kazakhstan, the Ministry of Finance of the Republic of Kazakhstan and executive municipal bodies.

Opening and maintaining bank accounts:

KACD provides services on opening and maintaining bank accounts in order to settle securities transactions, pay interests and principal, transfer money in other situations defined by Code of Rules of KACD.

KACD is a payment agent of the National Bank of the Republic of Kazakhstan, the Ministry of Finance of the Republic of Kazakhstan and executive municipal bodies.

KACD transfers money to securities holders under interest payment and redemption of securities issued in accordance with the legislation of other countries.

Allocating the international identification numbers for securities:

The Central Securities Depository is the National Numbering Agency in the Republic of Kazakhstan and it has been allocating international identification numbers for securities (ISIN and CFI codes) since November 01, 2010 based on a procedure defined by the Code of Rules of the Central Securities Depository and in accordance with ISO 6166 "Securities and related financial instruments – International securities identification numbering system (ISIN) ", ISO 10962 "Securities and related financial instruments – Classification of Financial Instruments (CFI code) ".

Functions of a Substitute Numbering Agency of the Republic of Kazakhstan are performed by National Settlement Depository (Russian Federation). In accordance with normative documents of Association of National Numbering Agencies (ANNA) when it will become impossible to execute all set of functions of the National Numbering Agency by the Central Securities Depository, these functions can be transferred to the Substitute Numbering Agency.

The Central Securities Depository has been ANNA’s partner since November 06, 2009 based on partner agreement # 5 concluded with ANNA on November 06, 2009. The Central Securities Depository was accepted as ANNA’s full member at extraordinary general meeting of ANNA hold on December 09, 2011.

KACD is a member of the following organizations:

  1. Association of Eurasian Central Securities Depositories (AECSD);
  2. Asia-Pacific central securities Depository Group;
  3. Association of National Numbering Agencies;
  4. International Association of Exchanges of the Commonwealth of Independent States countries (IAEx of CIS).

As of 01 January 01, 2013 KACD has nominee accounts in the following foreign depositories:

  1. Clearstream Banking, S.A.;
  2. Euroclear Bank S.A./N.V.;
  3. Central Securities Depository CJSC (Kyrgyz Rerpublic).