Kazakh Bank’s American CEO Sees Need for Bailouts of Lenders

Updated on
  • Holtzman seeking turnaround with backing from new shareholder
  • New CEO says bank suffering from ‘actions not taken’ in 2008

Marc Holtzman, the American jack-of-all-trades brought in to turn around Kazakhstan’s largest lender, has big plans for Kazkommertsbank JSC. Starting with a cleanup.

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