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Askar is the general director of the Astana office and focuses particularly on capital markets, structured and banking finance, as well as M&A transactions. He has extensive work experience at the Ministry of Finance of Kazakhstan, at an international consulting company in London, and as a local partner at an international law firm in Almaty.
Experience
Representative matters
Representative matters
Participation in preparation of legislative amendments related to restructurings of the banks, consolidation of the restructured banks and acquisition of banks by other banks, including legal support of the related amendments in the Government and the Parliament of the Republic of Kazakhstan
Advised Kazkommertsbank in acquisition by Halyk Bank of shares of the major shareholder of Kazkommertsbank
Advised Kazkommertsbank in a suspended sale of its non-performing loans to foreign investors
Experience
Participation in preparation of legislative amendments related to restructurings of the banks, consolidation of the restructured banks and acquisition of banks by other banks, including legal support of the related amendments in the Government and the Parliament of the Republic of Kazakhstan
Advised Kazkommertsbank in acquisition by Halyk Bank of shares of the major shareholder of Kazkommertsbank
Advised Kazkommertsbank in a suspended sale of its non-performing loans to foreign investors
Advising ВТA Bank and Alliance Bank in their financial restructurings (ground-breaking transactions for Kazakhstan banking sector acknowledged worldwide) and both banks in their second financial restructurings
Advising Alliance Bank in consolidation with Temirbank and Fortebank
Advised KMG on a suspended buy-back of KMG EP
Advising ATF Bank's shareholders on sale of the bank to UniCredit (the first major foreign investment in the sector) and advising UniCredit on sale of the bank to the current shareholders
Advising ATF Bank on sale of its subsidiary pension fund
Advising shareholders of Balkhash Thermal Power Plant including Samsung C&T and Samruk-Energy on certain aspects of PPP construction project
Advised the Ministry of Finance of the Republic of Kazakhstan on issuance of sovereign Eurobonds
Advising Kazatomprom on restructurings of its subsidiary joint ventures with foreign partners including Areva and Cameco
Advising Kazatomprom in negotiations with in relation to its joint investment with CGNPC, a Chinese nuclear company in Kazakhstan
Representing lead managers in international debt offerings by numerous Kazakhstan companies such as lntergas Central Asia, Kazkommertsbank, KazMunayGas, Kazagro, Development Bank of Kazakhstan, ATF Bank and others
Representing either local borrowers or foreign lenders in numerous pre-export trade, structured financing transactions and syndicated loans to lvolga Group of Companies, ENRC, Kazatomprom, KazMunayGas, Kazagrofinance and others
Advising KazTransOil on its People's IPO programme (the first wave of People's IPO)
Recognitions
Listed as Highly Regarded in IFLR1000 Global for Kazakhstan M&A, 2020-2025
- Ranked in Chambers Global for Kazakhstan Corporate & Finance, 2024-2025
- Ranked in Chambers Asia-Pacific for Kazakhstan Corporate & Finance, 2023-2025
Credentials
Education
Education
- BPP Law School, 2006, GDL/LPC
- University of Nottingham, 2000, LL.M.
- Kazakh State Law University, 1999, LL.B.
Professional admissions & qualifications
Professional admissions & qualifications
- Kazakhstan
News
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