BMB Munay, Inc. Announces Appointment of New CEO

     BMB Munay, Inc. announced that its board of directors has appointed Gamal Kulumbetov as chief executive officer of the company effective August 15, 2007.      Mr. Kulumbetov will replace Boris Cherdabayev who has served as the Company's CEO and chairman since 2003. Mr. Cherdabayev will remain as the chairman of the...