Prior to the change, the Ministry of Finance was the company’s only shareholder. It owned 11,443,518 shares, representing 100 percent of the authorized capital, valued at 1,144.4 billion soms.

The Presidential Affairs Department has now become the company’s new and sole shareholder.

The transfer of shareholder rights had been planned earlier. Under a decree signed by President Sadyr Japarov, the shareholder functions of State Insurance Organization OJSC were transferred from the Ministry of Finance to the Presidential Affairs Department.