AIX appointed Timur Abushkin as Head of Markets

16 May 2019

The Astana International Exchange (AIX) is pleased to announce the appointment of Timur Abushkin as Head of Markets. Timur has had more than 15 years of experience working with investment banks, exchanges and fintech startups. Before joining the AIX, Timur held key management positions in a number of fintech startups, such as Tokenomica, a platform offering digital assets in Singapore and Xena Exchange, an innovative digital asset exchange in London. Prior to that he worked with JP Morgan in equity sales and as Head of Sales of the RTS Stock Exchange (later the Moscow Exchange after a merger with the MICEX).

At AIX, Timur will lead the Markets team which is responsible for managing AIX’s relationships with brokers and institutional investors, prospective and current issuers, and for market and product development.

Timur graduated from the Russian Economic University, began his career in the Ministry of Finance of the Russian Federation, where he participated in the development of the debt management policy, was directly involved in the Paris club prepayments in 2005 and 2006 worth $40bn, and coordinated international rating agencies on Russian sovereign credit ratings. In all, Timur managed to raise over $15 billion for various organizations.

Tim Bennett, AIX’s CEO, said:

“We are very pleased to welcome Timur to AIX, and we expect that he will use all his accumulated knowledge and innovative approach to the development of capital markets in Kazakhstan and the region.”

Timur Abushkin commented on his appointment:

“I am extremely grateful for the trust and support I had received from AIX. This appointment is another professional challenge and a good opportunity to apply my experience. I am confident that thanks to the progressive approach and the use of the best international practices in the financial industry, AIX has every chance to become a gateway to the financial markets not only of Kazakhstan, but also of the whole Central Asia.”


AIX. Astana International Exchange (AIX) was formed in 2017 as part of the development of the Astana International Financial Centre, AIFC. On the 14th November 2018, the first trading session on AIX has been launched by the President of the Republic of Kazakhstan Nursultan Nazarbayev. AIX’s shareholders include AIFC, Goldman Sachs, Shanghai Stock Exchange, the Silk Road Fund and NASDAQ, which also provides AIXs trading platform. 

AIFC. The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 President Nazarbayev approved the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre for financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in financial services, develop local capital markets, ensuring their integration with the international capital markets.

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Yelena Pak
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