Daulet Sembaev

Sembaev was born in the city of Alma-Ata (now Almaty) in the family of a teacher, later People's Commissar and Minister of Education of the Kazakh SSR Abdykhamit Sembaev.[1]

In 1958, he graduated from the Institute of Metallurgy and Industrial Engineering in the Satbayev University, specializing in metallurgical engineering.[2]

From 1958 to 1966, he was a foundry technologist, senior foreman of the black casting section of the S. M. Kirov Alma-Ata machine-building plant. From 1966 to 1975, Sembaev served as a chief specialist, head of a sub-department, and the deputy head of a department of the State Planning Committee of the Kazakh SSR. In 1975, he became the head of the Secretariat of the Chairman of the Council of Ministers of the Kazakh SSR. From 1979, Sembaev served as the Deputy Chief Executive Officer of the Council of Ministers of the Kazakh SSR. In 1983, he became the head of the Department of the State Planning Committee of the Kazakh SSR. From 1987, Sembaev was the deputy chairman of the State Planning Committee of the Kazakh SSR. In November 1990, he became the deputy chairman of the Supreme Economic Council of the Kazakh SSR.[2]

On 16 October 1991, Sembaev was appointed as the Deputy Prime Minister of Kazakhstan.[3] From 6 February 1992, he served as the First Deputy Prime Minister of Kazakhstan until he was dismissed on 17 December 1993 and replaced by Akezhan Kazhegeldin. That same day, Sembaev became the chairman of the National Bank of Kazakhstan.[4]

On 24 January 1996, he became a member of the Senate of Kazakhstan.[5] From there, he served as the chairman of the Committee on Economy, Finance and Budget until May 1997, when he became the Deputy Board of Directors of OJSC Gornorudnaya ABS - Balkhash.[5][6][2] In April 1999, Sembaev became the chairman of the Board of Directors of Kazkommertsbank JSC.[2] From 28 May 1999 to 7 December 2001, he headed the Association of Financiers of Kazakhstan.[2] In September 2002, Sembaev became the deputy chairman of the Board of Directors of Kazkommertsbank JSC.[2] On 31 January 2003, he became the head of the Association of Financiers again until 16 April 2004.[2] Since 8 August 2005, Sembaev has been an Honorary Chairman of the Council of the Association of Financiers and from 23 December 2009, as a member of the Board of Trustees of the International Academy of Business.[2] On 1 August 2011, it was revealed that Sembaev resigned from his post as a member of the Board of Directors of Kazkommertsbank JSC.[7]