The Ministry of Finance of Kyrgyzstan has published qualification criteria for candidates to serve as state representatives on the boards of directors of companies with state shareholdings and for candidates to internal audit roles in such companies. The notice sets baseline eligibility on age, education, experience and knowledge of relevant corporate, financial and governance rules, and defines who can take part in the selection process. Board representative candidates must have no criminal record, including expunged convictions, be aged 27 to 65, hold a higher education degree in economics, management, law or another field relevant to the company’s profile, and have at least five years of senior management or relevant senior civil service experience. Internal auditor candidates must have no criminal record, be at least 27, hold a higher economic education degree in finance, accounting or audit, and have at least five years of senior practical experience in those areas. Required knowledge covers the Constitution, the Civil Code, the Budget Code, laws on joint-stock companies, partnerships, securities, conflicts of interest and procurement, with board candidates also expected to know the Corporate Governance Code, banking, bankruptcy, anti-corruption and virtual asset rules, and OECD corporate governance principles, while internal auditors must also know accounting and auditing law and International Financial Reporting Standards. Internal auditor candidates are excluded if they are linked to a competing entity or previously served as board members, executives or chief accountants of a company declared bankrupt or subject to compulsory liquidation. The ministry also listed preference factors, including a record of improved financial and economic performance, an MBA or foreign board experience for board candidates, and auditor qualifications such as a national auditor certificate, CAP or CIPA for internal audit candidates, alongside recommendation letters addressing business reputation. Applicants must submit the specified documents by June 30, 2026, and candidates who pass testing and interviews will be added to the personnel reserve for internal audit services in companies with state shareholdings in which the Ministry of Finance of Kyrgyzstan is a shareholder.
Ministry of Finance (Kyrgyzstan)2026-06-11
Kyrgyzstan Ministry of Finance sets eligibility rules for board state representatives and internal auditors
The Ministry of Finance of Kyrgyzstan set qualification, knowledge and document requirements for candidates to serve as state representatives on boards and as internal auditors in companies with state shareholdings. It also defined disqualifications for internal auditor candidates and listed preference factors such as performance record, an MBA, foreign board experience and audit certificates. Applications are due by June 30, 2026, and successful candidates will enter the internal audit personnel reserve after testing and interviews.