Daulet Hamituly Sembaev was a Kazakh politician and financier who was the First Deputy Prime Minister of Kazakhstan from 1992 to 1993 and the Deputy Prime Minister of Kazakhstan from 1991 to 1992.
15 Facts About Daulet Sembaev
1.
2.
Daulet Sembaev served as the chairman of the National Bank of Kazakhstan from 1993 until 1996, when he was appointed as a member of the Kazakh Senate.
3.
Daulet Sembaev was born to a Kazakh Muslim family in the city of Alma-Ata.
4.
In 1958, Daulet Sembaev graduated from the Institute of Metallurgy and Industrial Engineering in the Satbayev University, specializing in metallurgical engineering.
5.
From 1966 to 1975, Daulet Sembaev served as a chief specialist, head of a sub-department, and the deputy head of a department of the State Planning Committee of the Kazakh SSR.
6.
From 1979, Daulet Sembaev served as the Deputy Chief Executive Officer of the Council of Ministers of the Kazakh SSR.
7.
From 1987, Daulet Sembaev was the deputy chairman of the State Planning Committee of the Kazakh SSR.
8.
On 16 October 1991, Daulet Sembaev was appointed the Deputy Prime Minister of Kazakhstan.
9.
That same day, Daulet Sembaev became the chairman of the National Bank of Kazakhstan.
10.
Daulet Sembaev took initiatives to tighten the requirements for the structure of authorized banking funds, forming supervision based on international principles and standards to ensure the stability of the tenge.
11.
In September 2002, Daulet Sembaev became the deputy chairman of the Board of Directors of Kazkommertsbank JSC.
12.
Daulet Sembaev was one of the founders of the Aq Jol Democratic Party, a moderate faction which split itself from the Democratic Choice of Kazakhstan in 2002.
13.
Since 8 August 2005, Daulet Sembaev has been an Honorary Chairman of the Council of the Association of Financiers and from 23 December 2009, as a member of the Board of Trustees of the International Academy of Business.
14.
On 1 August 2011, it was revealed that Daulet Sembaev resigned from his post as a member of the Board of Directors of Kazkommertsbank JSC.
15.
On 15 November 2021, it was reported that Daulet Sembaev had passed away at the age of 86, subsequently the same day as National Currency Day of Kazakhstan was being celebrated.