Freedom Holding Corp. tops list of Kazakhstan’s most attractive employers

Freedom Holding Corp. has taken first place among financial companies in the ranking of the most attractive employers in Kazakhstan, compiled by the recruiting company Ancor. The study covered 50 of the country’s largest companies.

First place across all sectors was taken by Tengizchevroil, the operator of the Tengiz oil field in the West Kazakhstan region. Almost 70% of the 1,700 respondents named TCO as attractive in terms of employment, while 35.14% said it is recognizable. Karachaganak Petroleum Operating (operator of the Karachaganak field), Kazatomprom, KazMunaiGas and ERG rounded out the top five employers.

Freedom Holding Corp. (FRHC) ranked 15th overall and first within the financial sector, with 43.46% of respondents calling it attractive and 41.48% saying it is recognizable. In this category, FRHC was followed by Kaspi.kz, Halyk Bank, Jusan Bank and Bank CenterCredit.

Notably, the financial sector had the highest representation in the ranking, with nine companies featured. In contrast, the IT and telecom sectors had the fewest participants — just five companies made the list.

FRHC was founded by Timur Turlov, who also serves as its CEO and is its majority shareholder, holding a 69.52% stake. As of mid-April, his net worth reached $7 billion, making him the richest Kazakhstani, according to Forbes estimates.

FRHC is registered in the United States. In Kazakhstan, it provides brokerage services under the brands Freedom Broker (a member of KASE) and Freedom Finance Global (a member of AIX). The holding also runs several other subsidiaries in the country, such as Freedom Bank, Freedom Insurance and Freedom Life.