Supported by

Magzhan Kenesbai

Acting MD

AIQ

Medhzan
Medhzan

Magzhan Kenesbai is Acting Managing Director and a Board Member of AIQ, with extensive experience in managing and deploying capital, asset management, and private equity across emerging markets. He specializes in driving growth, enhancing market participation, and increasing shareholder value across companies and funds in emerging markets. Prior to joining AIQ, Magzhan was Senior Director and Chief of Staff at Presight, where he focused on strategic investments, strategy, and business development in Central Asia. Magzhan is a Board Member of the Samruk Kazyna - Presight Joint Venture, which aims to accelerate digital transformation in partnership with Samruk-Kazyna JSC, a US$70 billion sovereign wealth fund. As an investment professional, Magzhan has held several senior positions throughout his career. He served as Chairman of the Board and a Board Member at leading asset management companies in Central Asia. In these roles, he was instrumental in driving growth, managing portfolios, and overseeing mergers and acquisitions. As Vice-President at Verno Pe Research LLP, Magzhan played a pivotal role in deploying investments in Central Asian infrastructure projects, collaborating with sovereign funds from the Middle East and Kazakhstan. His earlier career includes strategic positions in private oil and gas companies and investment offices, as well as leadership at Tsesna Astyk, a leading agriculture company. Magzhan holds a Bachelor of Science degree from Babson College in Massachusetts, USA.

Session Overview
Monday, 4 November
15:00
15:00 - 15:15
Innovation showcase: The role of AI in transforming the energy sector

In this talk, we’ll explore how advanced AI technologies—particularly Generative AI (GenAI) and other AI models—are enabling Energy companies to transform, drive efficiency, and unlock new value while meeting global climate targets and the growing demand for Energy.

This session will also shine a light on some of the key challenges faced during this transformation—from scaling AI effectively across diverse operational landscapes to ensuring data integrity and security. Highlighting specific use cases, it will detail how recent developments in AI are not only optimising production and operational workflows but are also revolutionising the entire energy value chain.

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