Kubanychbek Bokontayev

Kubanychbek Bokontayev is a Kyrgyz economist and public official who has served as the chairman of the National Bank of the Kyrgyz Republic from September 2021 to June 2024. From August 2024 he was appointed as the Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Russian Federation.[1]

Kubanychbek Bokontayev
Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Russian Federation
In office
August 2024 – Present
PresidentSadyr Japarov
Preceded byGulnara-Klara Samat
Chairman of the National Bank of Kyrgyz Republic  
In office
September 2021 – June 2024
PresidentSadyr Japarov
Preceded byTolkunbek Abdygulov
Deputy Chairman of the National Bank of Kyrgyz Republic
In office
October 2006 – April 2010
PresidentKurmanbek Bakiyev
Personal details
Born (1969-01-18) January 18, 1969 (age 55)
Issyk-Kul Region, Kyrgyz Republic
NationalityKyrgyz

Early life and education

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Kubanychbek Bokontayev was born January 18, 1969, in the village of Svetly Mys in the Issyk-Kul region. In 1992, being Lenin Scholarship recipient and winner of inter-university student economic Olympiads, he graduated with honours from the economics department of the Kyrgyz State National University and received a higher education in economics.[2] In 2004–2005, he completed an MBA course (business management) at the Japan Center in the Kyrgyz Republic from which he graduated with honours.[3]

Career

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Early career (1992–2006)

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Bokontayev held various positions in commercial banks of Kyrgyzstan in positions ranging from ordinary economist to acting chairman of the board of directors. Prior to his first appointment to the National Bank of Kyrgyz Republic as deputy chairman in 2006, he worked as editor-in-chief of the newspaper "Economics. Banks. Business" (since 2003).[4]

Chairman of the National Bank of Kyrgyz Republic (2021–2024)

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Kubanychbek Bokontayev was appointed Chairman of the National Bank of the Kyrgyz Republic in September 2021. His appointment was confirmed by the Jogorku Kenesh (the Kyrgyz Parliament) following the resignation of his predecessor, Tolkunbek Abdygulov. [5] His tenure as Chairman was marked by efforts to stabilise the Kyrgyz financial system amid regional economic fluctuations.

During his leadership, Bokontayev oversaw several key policy initiatives aimed at controlling inflation, managing the national currency, increasing the gold reserves of the country and modernizing the banking sector.[6]

Bokontayev's term as Chairman ended in June 2024, when he stepped down from his position to take on another role within the government.[7]

Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Russian Federation (2024–present)

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He is currently serving as Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Russian Federation. The corresponding order was signed by President of Kyrgyz Republic, Sadyr Zhaparov on August 5, 2024.[8]

References

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  1. ^ "Ambassador of Kyrgyzstan to Russia appointed". akipress.com. Retrieved August 19, 2024.
  2. ^ "Embassy of the Kyrgyz Republic in the Russian Federation". mfa.gov.kg. Retrieved August 29, 2024.
  3. ^ "Боконтаев Кубанычбек Кенешович, биография". who.ca-news.org. Retrieved August 20, 2024.
  4. ^ "«Кто есть кто»: Кубанычбек Боконтаев. Что о нем известно?". who.ca-news.org (in Russian). September 28, 2021. Retrieved August 19, 2024.
  5. ^ Jelena (September 29, 2021). "Parliament approved the new head of the National Bank Kubanychbek Bokontayev-KLOOP.KG". The Tribune. Retrieved August 19, 2024.
  6. ^ "Kyrgyzstan's international reserves reach record high". centralasianlight.org. Retrieved August 19, 2024.
  7. ^ TOKOEVA, Nargiza (June 24, 2024). "Kubanychbek Bokontaev leaves post of Chairman of National Bank -". 24.kg. Retrieved August 19, 2024.
  8. ^ President; Parliament; Cabinet; Politics; Economy; Society; Analytics; Regions; Emergencies. "Kyrgyzstan appoints new ambassador to Russia". News of Kyrgyzstan - KNNA Kabar. Retrieved August 19, 2024.
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