{"id":5924,"date":"2026-05-22T16:24:16","date_gmt":"2026-05-22T16:24:16","guid":{"rendered":"https:\/\/elordamedia.kz\/?p=5924"},"modified":"2026-05-22T16:24:16","modified_gmt":"2026-05-22T16:24:16","slug":"kazakhstan-assumes-ipaf-chairmanship-for-the-first-time-and-will-host-the-forum-s-10th-anniversary-summit-in-astana","status":"publish","type":"post","link":"https:\/\/elordamedia.kz\/en\/kazakhstan-assumes-ipaf-chairmanship-for-the-first-time-and-will-host-the-forum-s-10th-anniversary-summit-in-astana\/","title":{"rendered":"Kazakhstan Assumes IPAF Chairmanship for the First Time and Will Host the Forum\u2019s 10th Anniversary Summit in Astana"},"content":{"rendered":"<p><strong>ASTANA, May 15, 2026 <\/strong>\u2014 Kazakhstan, represented by \u00abFund of Problem Loans\u00bb JSC, has officially assumed the chairmanship of the <strong>International Public Asset Management Company Forum (IPAF)<\/strong>, an international platform uniting public organizations and financial institutions involved in distressed asset management under the auspices of the Asian Development Bank (ADB). Kazakhstan has also been granted the right to host the Forum\u2019s 10th Anniversary IPAF Summit.<\/p>\n<p>The transfer of the chairmanship was officially finalized in Ulaanbaatar during the IPAF Seminar, where the Mongolian Asset Management Corporation (MAMCO) formally handed over the chairmanship status to the Kazakh side.<\/p>\n<p>Earlier, following the 9th IPAF Summit, \u00abFund of Problem Loans\u00bb JSC obtained the status of a full member of the Forum, strengthening Kazakhstan\u2019s participation in the international agenda on distressed asset management and the NPL (Non-Performing Loans) market.<\/p>\n<p>Deputy Chairman of the Management Board of \u00abFund of Problem Loans\u00bb JSC, Nurzhan Baigaziyev, noted that Kazakhstan\u2019s chairmanship in IPAF reflects the country\u2019s institutional progress in the field of distressed asset management.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5919 aligncenter\" src=\"https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5-824x1024.jpeg\" alt=\"\" width=\"473\" height=\"587\" srcset=\"https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5-824x1024.jpeg 824w, https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5-242x300.jpeg 242w, https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5-768x954.jpeg 768w, https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5-1236x1536.jpeg 1236w, https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c185c4b5.jpeg 1288w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/p>\n<blockquote><p><em>\u201cChairmanship in IPAF confirms Kazakhstan\u2019s growing role in the international professional community and our readiness to contribute to the shared agenda. IPAF serves as a platform for discussing financial system resilience, distressed asset management mechanisms, and ways to reduce systemic risks. This chairmanship will further strengthen professional cooperation and the exchange of best practices among participating countries,\u201d said Nurzhan Baigaziyev.<\/em><\/p><\/blockquote>\n<p>IPAF brings together public organizations, financial institutions, and asset management companies from across Asia, as well as the international professional community engaged in the resolution of non-performing loans.<\/p>\n<p>As part of its chairmanship, Kazakhstan will host the 10th Anniversary IPAF Summit in Astana this August, along with theInternational NPL Conference, the Investment Forum, and the IPAF Coordination Council Meeting.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5920 aligncenter\" src=\"https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c712b665.jpeg\" alt=\"\" width=\"640\" height=\"360\" srcset=\"https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c712b665.jpeg 640w, https:\/\/elordamedia.kz\/wp-content\/uploads\/2026\/05\/file-20260522-6a107c712b665-300x169.jpeg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Delegations from approximately 14 countries are expected to participate. Key participants and speakers will include representatives of the Asian Development Bank (ADB), and specialized financial institutions from IPAF member countries.<\/p>\n<p>Special attention during the Summit will be given to the digitalization of asset management, the development of electronic trading platforms, the implementation of technological solutions, and the expansion of international investment cooperation in the distressed asset sector.<\/p>\n<p style=\"font-weight: 400;\">According to \u00abFund of Problem Loans\u00bb JSC, hosting the Summit will provide an opportunity to showcase Kazakhstan\u2019s practical experience in developing the distressed asset market infrastructure, including electronic trading platforms, market-based debt resolution mechanisms, and the attraction of private investors.<\/p>\n<blockquote>\n<p style=\"font-weight: 400;\"><em>\u00abFund of Problem Loans\u00bb JSC was established in 2012 as a specialized state institution for distressed asset management. The Fund\u2019s activities are aimed at supporting the recovery of the banking sector, debt restructuring, asset recovery and disposal, as well as reintegrating assets into economic circulation.<\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>ASTANA, May 15, 2026 \u2014 Kazakhstan, represented by \u00abFund of Problem Loans\u00bb JSC, has officially assumed the chairmanship of the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_locale":"en_US","_original_post":"https:\/\/elordamedia.kz\/?p=5924","footnotes":""},"categories":[19,22],"tags":[],"class_list":["post-5924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-economy","en-US"],"acf":[],"_links":{"self":[{"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/posts\/5924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/comments?post=5924"}],"version-history":[{"count":1,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/posts\/5924\/revisions"}],"predecessor-version":[{"id":5925,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/posts\/5924\/revisions\/5925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/media\/5918"}],"wp:attachment":[{"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/media?parent=5924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/categories?post=5924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elordamedia.kz\/wp-json\/wp\/v2\/tags?post=5924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}