Kazakhstan s Deputy PM addresses LBS Energy Club

The Deputy Prime Minister of Kazakhstan was guest of honour at London Business School’s Energy Club on 19 October.

Kairat Kelimbetov gave a lecture on the topic of the resource curse, the financial crisis and Kazakhstan's long-term strategy. He shared his views on the importance of innovation and attracting best talent, potential competitive strategies of emerging resource-based economies.

The GDP per capita of the oil-rich central Asian country has grown exponentially from $700 in 1994 to $13,200 in 2011 and Mr Kelimbetov shared inspiring stories on how this had been achieved.


Prior to his current role, Mr Kelimbetov served as Kazakhstan’s Minister of Economic Development and Trade. His previous experience includes CEO of Sovereign Wealth Fund, Samruk-Kazyna, Head of the Administration of the President of the Republic of Kazakhstan and CEO of Sustainable Development Fund, Kazyna.

Gaisa Zhumaliyev, MBA2013, Co-President of the School’s Energy Club, and a Kazakhstani national, said: “The decision of Mr Kelimbetov to visit London Business School is a great privilege for us and also shows the high brand recognition of our school globally.

“This type of event is a great opportunity for London Business School to foster stronger relationships with governments and corporates worldwide and to have a profound impact on the way the world does business, and the way business impacts the world.”