The Internal Audit Service

The Internal Audit Service of JSC NC “KazMunayGas” (the Service) was established by the Resolution of the Board of Directors dated 2 October 2006 (Minutes No. 10).  

The Service is a single centralised body of JSC NC “KazMunayGas” which reports directly to the Board of Directors. The Service monitors economical and financial activities of KMG and other KMG Group Organisations, conducts internal control and risk management evaluations, monitors compliance with corporate management documents and provides consultations to improve the performance of KMG and KMG Group.  

The main objective of the Service is to provide independent and unbiased information to the KMG Board of Directors for efficient management of KMG and KMG Group by introducing a consistent approach to improvement of risk management processes, internal control and corporate management. 

Since 1 April 2017, the Internal Audit Service has been headed by Marat Serikbayev appointed by the resolution of the KMG Board of Directors. 

Nationality: The Republic of Kazakhstan

Date of birth: 6 November 1980

Education: Graduate of Kyzylorda State University majoring in Oil and Gas Economy, Al-Farabi Kazakh National University majoring in Law. Certified professional internal auditor (DipCPIA).

Experience: From 2001 to 2005: different roles in PetroKazakhstan Kumkol Resources.

From 2006 to 2008: Audit, consulting, corporate management and risk management in Delloite and PricewaterhouseCoopers, international companies.

From 2008 to March 2017: Head of the Internal Audit Service of JSC Kazakhtelecom, where he was highly praised for corporate management by Standard & Poor’s, KPMG, PWC and was fully certified under International Standards for the Professional Practice of Internal Auditing.

Since 1 April 2017: Head of the Internal Audit Service in JSC NC "KazMunayGas".

Contact details: 8 Kunayev Street, Emerald Tower, Block B, Nur‑Sultan, 010000, Republic of Kazakhstan

Tel.: +7 (7172) 78 61 96

Email: m.serikbayev@kmg.kz