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Board of Directors

  • Clive Carver
    Executive Chairman

    Clive Carver takes the lead on all non-operational matters, financial matters and all aspects related to the listing of the Company’s shares on AIM, Corporate Governance compliance and Investor Relations.

    Clive is a fellow of the Institute of Chartered Accountants in England and Wales (FCA) and a fellow of the Association of Corporate Treasurers (FCT). While working in the UK broking industry Clive gained more than 15 years’ experience as a Qualified Executive under the AIM Rules having run the Corporate Finance departments of several of the larger and more active Nominated Adviser firms.

    He is also an experienced non-executive director having been chairman of a number of AIM companies in recent years.

    He was appointed non-executive Chairman in October 2006 and became executive chairman in June 2012.

    Kuat Oraziman
    Chief Executive Officer

    Kuat Oraziman runs the Company’s operations in Kazakhstan. Kuat Oraziman is a trained geologist and member of the Academy of Sciences.

    Kuat Oraziman has 27 years of business experience in Kazakhstan and abroad and 15 years of oil and gas experience in Kazakhstan. His experience has included managing an import and export businesses, the establishment and operation of an international brewery in Kazakhstan, and acting as the Kazakhstan representative of Phillips and Stork. Kuat holds a doctorate in science and is a trained geologist.

    The Oraziman family hold in aggregate 43% of the Company’s shares and Mr Oraziman has in recent years provided $4.0 million by way of cash advances against a master loan agreement.

    He was appointed to the board as a non-executive director in November 2006, became an executive director in 2008 and was appointed CEO in 2012.

    Edmund Limerick
    Non-Executive Director

    Edmund is a Russian speaking former lawyer and investment banker who ran an institutional investment fund focused on Central Asia.

    Edmund was educated in Oxford, London, Moscow and Paris and speaks Russian.
    He was called to the Bar in 1987, and served as an officer in the Foreign & Commonwealth Office until 1992 with postings in Paris, Dakar and Amman. He was an international corporate lawyer at Clifford Chance, Freshfields and Milbank Tweed (where he headed the Moscow Office) before joining Deutsche Bank as a director in Moscow, London and Dubai. In 2006, he joined Altima Partners where he managed the Altima Central Asia Fund, focusing on Kazakhstan.

    Edmund has served as a director of Caspian Sunrise plc since 2010, and chairs the Audit and Remuneration Committees.

    Timothy Field
    Non-Executive Director

    Tim joined the Board in January 2019, and is an independent non-executive director. He is a highly experienced international corporate lawyer specialising in securities law and corporate governance and is the principal of the specialist corporate and securities law firm "Field". He is also the equity capital markets consultant to the law firm Mishcon de Reya where until recently he led its public company practice. He has a long and significant track record of advising AIM companies and Nominated Advisers.

    Tim is a member of the Remuneration and Audit committees and chairs the new Governance committee.

    Tim was appointed a Non-Executive Director of Caspian Sunrise in January 2019.