Eduard Ogay
Co-owner of Kazakhmys in Kazakhstan
Eduard Ogay is a Kazakhstani entrepreneur, investor and business executive with more than 30 years of experience in mining, metallurgy, energy and industrial development. He is a co-owner of Kazakhmys Holding Limited and Chairman of the Board of Directors of Kazakhmys Copper JSC. His career has been closely associated with the development of Kazakhstan's copper industry and the transformation of Kazakhmys into a major international producer.
Born on October 18, 1969, in Almaty, Ogay began working while still at school. After completing military service, he pursued a degree in economics and management at Kazakh State Agrarian University, graduating in 1998. He later completed additional professional education in corporate finance, mining technologies and mineral processing.
Ogay began his entrepreneurial career in the early 1990s, initially working in commodity trading before entering Kazakhstan's mining and metallurgical sector. In 1993, he established a business partnership with Vladimir Kim, arranging supplies of fuel and raw materials to industrial enterprises. Their cooperation helped lay the foundation for the development of Kazakhmys.
In 2001, Ogay joined Kazakhmys Corporation as Director of Marketing and International Relations. From 2005 to 2006, he served as Deputy Akim of East Kazakhstan Region, where he was involved in stabilizing regional energy and heating supplies.
Between 2006 and 2016, he served as Chairman of the Management Board of Kazakhmys Corporation, returning to the position from 2019 to 2022. He subsequently chaired its Board of Directors until December 2025. Since 2017, he has also served as Chairman of the Board of Directors of Kazakhmys Copper.
Throughout his career, Ogay contributed to the modernization and expansion of Kazakhstan's copper production facilities. During his tenure, Kazakhmys PLC secured a premium listing on the London Stock Exchange and entered the FTSE 100 index, strengthening its international presence.
Following the restructuring of major business assets in 2025, Ogay continued investing in mining, energy and related industries. His current interests include Kazakhmys Copper, energy and chemical assets, and the development of the Aidarly and Koksay mining projects, which represent approximately $7 billion in planned investment.
Alongside his business activities, Ogay supports philanthropic initiatives focused on education, healthcare and regional development. These include the construction of a modern library in Kyzylorda, an oncology center in Taldykorgan and charitable programs in Zhezkazgan and Balkhash.
His business philosophy is built around discipline, responsibility, long-term partnerships and respect for commitments. He considers trust, consistent work and strong professional relationships essential to sustainable success.