ACRA’s branch in the AIFC (Nur-Sultan, Kazakhstan) was officially opened and began operating in 2019. ACRA is the first rating agency to receive a license from the Astana Financial Services Authority. The Agency assigns credit ratings to all categories of issuers. Today ACRA’s AIFC office is a regional rating and analytical hub which strives to provide high quality rating and research products to a wide range of investors across Eurasia. The office is headed by Askar Elemessov, who has extensive experience working in executive positions at investment firms and Kazakhstan’s largest banks. Previously he was Deputy Governor of the National Bank of Kazakhstan and the country’s Deputy Finance Ministry.
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