11 Facts About Quandyq Bishimbaev

Quandyq Ualihanuly Bishimbaev is a Kazakh politician who served as Minister of National Economy from 6 May 2016 to 28 December 2016.

From 2001, Quandyq Bishimbaev worked as manager of the Borrowing and Structured Finance Department, general manager of the Treasury Department of the Development Bank of Kazakhstan JSC.

In 2004, Quandyq Bishimbaev became the deputy chairman of the management board, member of the management board of JSC Center for Marketing and Analytical Research.

In October 2005, Quandyq Bishimbaev was appointed as the advisor to the Minister of Economy and Budget Planning, where he worked until he was appointed as advisor to the Deputy Prime Minister of Kazakhstan in February 2006.

From January 2007 to February 2008, Quandyq Bishimbaev served as Vice Minister of Industry and Trade until becoming the head of the Department of Socio-Economic Monitoring of the Administration of the President of Kazakhstan in February 2008.

On 22 May 2009, Quandyq Bishimbaev was appointed as the assistant to the President of Kazakhstan, where he served the post until becoming the Vice Minister of Trade and Economic Development on 16 March 2010.

On 30 May 2013, Quandyq Bishimbaev was appointed as chairman of the board of the Baiterek National Managing Holding.

On 10 January 2017, by the National Bureau for Combating Corruption, Quandyq Bishimbaev was convicted of allegedly receiving bribes on an especially large scale, in a group of persons by prior conspiracy where he was placed under arrest on 12 January.

Quandyq Bishimbaev's property was confiscated that acquired with funds obtained by criminal means.

Quandyq Bishimbaev appealed to President Nursultan Nazarbayev for pardon which was granted in February 2019, and his prison term was reduced from 10 to 4 years.

Quandyq Bishimbaev was eventually early released from prison on 11 October 2019.