Erbolat Dosaev


Erbolat Askarbekuly Dosaev was named deputy prime minister of Kazakhstan on 29 August 2017. He
served as the finance minister from 16 June 2003 head of the Agency for Regulating Natural Monopolies, and later as the health minister. In January 2013, Dosaev was appointed head of a reorganized ministry of economic affairs.

Career

In the late 1990s Dosaev served as First Deputy Minister of Energy, Industry and Trade. In 1998, Dosaev worked as an advisor to the prime minister. As of 2000, Dosaev was serving as deputy finance minister. In 2001, Dosaev became chairman of the board of the Development Bank of Kazakhstan. As of November 2002, Dosayev served as chairman of Kazakhstan's anti-trust agency.

Finance minister

In June 2003, Dosaev was appointed finance minister by Kazakh President Nursultan Nazarbayev. During his time as finance minister Dosaev also held positions with the European Bank for Reconstruction and Development and the board of the National Bank of the Republic of Kazakhstan.

Health minister

In 2005, Dosaev outlined a plan to improve Kazakhstan's public health system. His four main goals were to increase life expectancy, reduce both maternal and infant mortality, reduce the prevalence of tuberculosis and HIV, and improve basic medical services. On 18 September 2006, Dosaev announced a plan to spend the equivalent of US$53 million from 2006 to 2010 to fight HIV and AIDS.
Dossaev announced on 20 March 2006 that tests had confirmed that a dead swan found in Mangghystau Province, on Kazakhstan's Caspian Sea coast, had bird flu. Several areas in northern Kazakhstan were quarantined in 2005 when the H5N1 bird flu strain was found. Thousands of domestic fowl were culled when bird was detected in Kazakhstan in August. Asylbek Kozhimuratov, the Kazakh agriculture minister, said that all domestic poultry in Mangghystau had been vaccinated. Fowl in Atyrau province, a location of suspected vulnerability to bird flu, were being vaccinated. The Kazakh government started vaccinating about 8 million fowl in February to limit the spread of bird flu.
Dosaev was dismissed from this position after 81 children were infected with HIV due to poor sanitary conditions.

Economic affairs minister

Dossaev was appointed to head the economic development ministry in September 2012.
As the minister of economic affairs, Dosaev oversaw a project to expand the production capacity of TengizChevroi, Kazakhstan's largest oil producer. In late December 2015, Dosaev informed the parliament that he expected the project to cost US$30 billion. Officials had announced early the same year that they were working with TCO to lower the cost from an estimated US$38 billion. The aim of the project is to increase oil production from 27 million tonnes in 2015 to 38 million tonnes by 2021.
In late 2015, Dossaev announced numerous agricultural reforms including changes to farm subsidies, improved crop insurance, and the introduction of electronic receipts designed to make the grain industry more efficient and profitable. Dosaev said, “The agrarian sector should become one of the key drivers of future economic growth in Kazakhstan. Throughout 2016, drawing no the experience of Australia and Brazil … the main focus of the development of agriculture will be stimulated by the creation of infrastructure and the integration of new technologies.” His proposals were made amid an economic slowdown due to low oil prices; the government of Kazakhstan responded with measures designed to diversify the country's economy.
Dosaev has advocated reducing government interference in the economy. In February 2016 he stated, "As concerns issues related to the state's large share in the economy: you know about this, the work on privatization and denationalization starts in March, and the goal set to us by the president is to reduce the government sector's presence in the economy to 15% by 2020. Therefore, the government, and also the national holdings and companies, are working today to prepare for privatization and denationalization."
Dosaev resigned from his post as minister of economic affairs in early May 2016. Dosaev resigned after public protests against legislation that would have allowed foreigners to rent farm land for limited periods of time. Dossaev defended the legislation; he stated,
“The new norms in the land code are indispensable and required, and correspond to international practice." President Nazarbayev also defended the legislation and said that the protests were driven by misinformation.

Baiterek

Dosaev is the former chairman and CEO of Baiterek, a state-owned holding company specializing in banking and finance founded in 2013. Baiterek was originally formed to fund large economic development projects but the company's portfolio was expanded significantly in order to cope with the economic problems associated with falling oil prices. Dosaev was appointed head of Baiterek in May 2016 and succeeded Kuandyk Bishimbayev. As part of his work at Baiterek, Dosaev was appointed to chairman of the board of directors of KazExportGarant, a state owned export insurance firm.
While serving as head of Baiterek, Dosaev attended an international economic forum in Beijing to discuss China's "One Belt, One Road" initiative in 2017. He held talks with the heads of large Chinese banks and other financial institutions. The talks resulted in numerous non-binding agreements and a joint venture between China Triumph International and Orda Glass to construct a sheet glass factory in the Kyzylorda region.

Deputy prime minister

Dosaev was appointed deputy prime minister by President Nazarbayev on 29 August 2017. Askar Zhumagaliyev was also appointed deputy prime minister effective the same date. Prime Minister Bakytzhan Sagintayev presented both of the new deputy prime ministers to the cabinet shortly thereafter; these appointments brought the total number of deputy prime ministers to four. Dosaev's portfolio is a series of modernization efforts in important economic sectors.

The National Bank of Kazakhstan

February 25, 2019 appointed Governor of the National Bank of Kazakhstan.

Awards

Dosaev won the jubilee medal commemorating “20 years of the Constitution of the Republic of Kazakhstan”, a state award that honors both Kazakh citizens and foreigners that make significant contributions to constitutional government in the Republic of Kazakhstan.
On December 2013, during a ceremony in Akorda, Dosaev was awarded the Order of Kurmet, the state award of Kazakhstan for citizens who have excelled in the fields of economics, science, culture, social issues, and education.

Philanthropy

Dosaev is the co-founder, longtime financial supporter, and board member of the Alumni Fund of the Republican Physics and Mathematics school. He is also the co-founder of the Public Fizmat Endowment Fund established on 30 April 2017 by the RPMS. The endowment funds long-term projects that are critical to the development of the university, but lack stable financing.
Dosaev co-founded the charity "Dara" with his wife, Gulnara Dosayeva.

Education

Dosaev graduated from both the Almaty Energy Institute and Moscow State Technical University.