Margulan Seissembayev (, Marğūlan Qaliūly Seisembaev; born 2 November 1966) is a Kazakhstan businessman, Kazakh investor, traveler, public figure and businessman.
He spent his childhood and youth in the Ulytau District of the Jezkazgan Region. Margulan is descended from the Baganaly clan of the Naiman tribe. Seisembayev's father worked as an agronomist, and his family moved from one state farm to another in the Jezkazgan Region. After graduating high school, he worked for two years as a shepherd at the Sary-Kengir state farm, as well as a senior beekeeper at the Amangeldy state farm, Ulytau District, Jezkazgan Region. From 1987, he studied at the Kirov State University, majoring in Law. He learned English on his own, working as a translator from Kazakh to English and vice versa. In 1991, he passed his 4th and 5th years as an external student and graduated from the university with honors ahead of schedule.
Immediately after graduation, Seissembayev became a businessman, opening a private commercial company called Seimar Commerce, which mainly dealt in the export of Kazakh wheat to the CIS countries.
until December 31, 2009 — Chairman of the Board JSC «Alliance Bank»
Founder of «Seimar»
2007–2009 — President of Chess Federation of the Republic of Kazakhstan
Founder of Non-profit Charity Foundation «Seimar Social Fund»
One of the Founders of the private English school in Kazakhstan «Heileyberry School Almaty» Sponsor of Kazakhstani entrepreneurial university «Almaty Management University» «AlmaU» In September 2020, he met with the President of Ukraine Volodymyr Zelensky and announced that he would help Ukraine with the introduction and implementation of reforms.
Early life
Margulan Seissembayev was born by his mother, Seissembayeva Raushan Beysekovna (5 May 1934 – 22 May 2002); and father Seissembayev Gali Jienbayevich (2 November 1921 – 2 June 2007). His father was a WWII veteran. His parents were working at the collective farm in Jezkazgan region. In 1980 he graduated school. From 1983 to 1984 Seissembayev worked as a herder. From 1984 to 1985 he worked as a hiver. For two years (1985–1987) Seissembayev served in the Army. He was a squad leader. In 1991 he graduated at Kirov Kazakh State University with a degree in law studies.
Business career
In the beginning of the 1990s, Seissembayev founded his own company "Seimar" which later included a financial holding, agriculture companies, telecommunication enterprises and others. In 2000 Margulan Seissembayev became a chairman of Seimar company. In 2002 Seissembayev have bought "K-Mobile", a telecommunications operator. In 2003 he became a chairman of the company "Rice of Kazakhstan". In 2004 Seissembayev sold "K-Mobile" to "Vimpelcom" for $425 mln. At that moment "K-Mobile" had over 600,000 subscribers.
In the 1990s he purchased and headed the commercial "Alliance Bank". In 2007 it became one of the first banks in Kazakhstan to issue IPO in London Stock Exchange.
In 2009, during the world financial crisis, "Alliance Bank" owned by Seissembayev was nationalized, with him being accused of stealing and laundering money. Margulan Seissembayev had to leave Kazakhstan for some time, but in 2010 he returned.
During the trials and investigations held in Kazakhstan, Great Britain, Lichtenstein, Switzerland and UAE, Margulan Seissembayev and his team were justified and freed from paying any compensation in favor of Alliance Bank.
Since August 2013 - Margulan is Managing Partner of "Asadel Capital" hedge fund. In 2016, Margulan launched a private equity fund in Singapore called Asadel Partners PEF.