Archive of news for 2010 |
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February
March... |
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| February , 02 2010 |
| Appointment of new Chief Financial Officer |
At the time of rapid growth, Mol Bulak Finance invited a highly professional manager Bolor Tserendorj to work as à Chief Financial Officer. Before coming to Kyrgyzstan Bolor served as Vice President and Director of the Treasury Department of XacBank (Mongolia).
In spring Bolor is about to complete her mission as CFO in strengthening the company's financial management capacity. Bolor helped to introduce new tools for strategic planning, financial analysis and risk management.
Due to her rich experience, the staff had the possibility to expand the skills of financial planning, improved financial and management accounting at the company. Remaining term Bolor will work closely with the new Chief Financial Officer and share with him all the knowledge she possesses.
 Sanjar Islamov obtains a wonderful chance to implement modern financial technologies. He has a long term practical experience in the sphere of microfinance. Economist by education, Sanjar initiated processes and business ideas to optimize costs. Sanjar developed a Management Information System (MIS) which allowed to automate a lot of business processes for various departments.
Administrative Director / Chief Accountant, Larisa Belousova shares her impression: “I can certainly say that our MIS is the best automated software I used to work with, now it is very difficult to imagine life without it. Sanjar creates truly unique things: the last module designed to control the expenditures of corporate cellular communication made a life of our accounting department much easier. The work that was previously done within 7 days, now takes only 25 minutes. I am sure Sanjar plans to carry out an active work on the minimization of costs and efficiency improvement by using the latest IT and management technologies and we would like to be a part of such brave initiatives”.
Sanjar Islamov: “For me, the appointment was quite unexpected; I understand that this is a big responsibility. Bolor shared all her knowledge with a team of financial experts, so now Financial Department is composed of a group of professionals with rich experience; this gives me confidence in our continued successful work. I look forward to bring value and good changes throughout the company and hope that our team will support me”.
CEO of the company, Babur Tolbaev, congratulated Sanjar Islamov on his appointment to a new position: “The Heart of the Financial Department is not in the reports, statistics, but in its economics! I am glad that it is easy to find an intelligent and creative mind with knowledge of finance in our company and I am particularly pleased that this man was one of the most loyal and creative at the company, who understands the depth of the company’s mission. Sanjar has all the necessary human and professional qualities to become a successful Chief Financial Officer, and more importantly, his hard work, high productivity and commitment are time-tested! Good luck, Sanjar!” |
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| February , 05 2010 | |
Microcredit Company “Mol Bulak Finance” and the UNDP Environment Protection for Sustainable Development Programme signed a memorandum of cooperation to improve the social and environmental responsibility |
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