On May 16, 2026, the business news portal Kapital.kz published an interview with Nurzhan Baigaziyev, Deputy Chairman of the Management Board of JSC “Fund of Problem Loans,” titled: “Kazakhstan Assumes the Chairmanship of IPAF and Will Host the 10th Anniversary IPAF Summit in 2026.”

The interview addressed Kazakhstan’s participation in the International Public Asset Management Company Forum (IPAF), the country’s assumption of the forum’s chairmanship, as well as preparations for the 10th Anniversary IPAF International Summit and Conference, which will take place in Astana in 2026.

In the course of the discussion, Mr. Baigaziyev emphasized the importance of Kazakhstan’s chairmanship in IPAF for strengthening international cooperation in distressed asset management, highlighted the role of the Fund in shaping the global professional agenda, and outlined the ongoing transformation of approaches to non-performing loan (NPL) management in the context of evolving economic challenges.

Particular focus was placed on the development of Kazakhstan’s distressed asset market infrastructure, including the implementation of market-based mechanisms for resolving distressed debt, the advancement of electronic trading platforms, and the enhancement of the overall investment attractiveness of the NPL market.

The interview also outlined the Fund’s approach to ensuring financial stability, advancing the digital transformation of asset management processes, and strengthening international cooperation with relevant financial institutions and professional organizations.

Overall, the publication highlights Kazakhstan’s growing role within the IPAF platform and underscores the contribution of JSC “Fund of Problem Loans” to the development of international dialogue and cooperation in the field of distressed asset management: Interview