Mikhail Butkov's questions to Kaspi.kz AO (KSPI) leadership • Q3 2024
Question
Mikhail Butkov of Goldman Sachs inquired about how Kaspi's core management team plans to allocate its time between its established Kazakhstan operations and the new, large-scale projects in Turkey and potentially Uzbekistan.
Answer
CEO Mikheil Lomtadze explained that there is no specific metric for time allocation. He stressed that Hepsiburada has a strong, existing management team and Kaspi's role is not to dictate but to collaborate. The approach will involve sharing technology, resources, and experience to help the company improve, rather than a top-down management takeover. He noted he would personally spend time in Turkey to facilitate knowledge sharing.