Freedom Holding Corp. (FRHC)

65.67 +0.48 (+0.74%) At close: 04:00PM EDT

Freedom Holding Corp.

Esentai Tower BC
Floor 7 77/7 Al Farabi Avenue
Almaty 050040
Kazakhstan
7 727 311 1064
https://www.freedomholdingcorp.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 3,247

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Timur Ruslanovich Turlov	CEO & Chairman of the Board	1.15M	N/A	1988
Mr. Askar Bolatovich Tashtitov	President & Director	770.35k	N/A	1979
Mr. Evgeny Oskarovich Ler	Chief Financial Officer	672.52k	N/A	1983
Mr. Renat Tukanov	Chief Technology Officer	172.24k	N/A	1980
Mr. Adam R. Cook	Corporate Secretary	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, retail banking, corporate investment banking, and underwriting services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services. The company also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; and debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations. In addition, it facilitates repurchase and reverse repurchase agreements in proprietary trading activities; and covers short positions and settle other securities obligations to accommodate customers' needs and finance its inventory positions. Further, the company offers proprietary trading and investment services, as well as insurance products; and Tradernet software platform for client margin risk evaluation and middle office security transfer requests. It operates in Central Asia, Eastern Europe, rest of Europe, the United States, Russia, the Middle East, and Caucasus. The company was formerly known as BMB Munai, Inc. and changed its name to Freedom Holding Corp. Freedom Holding Corp. was incorporated in 1981 and is headquartered in Almaty, Kazakhstan.

Corporate governance

Freedom Holding Corp.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.