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Get filing alertsFreedom Holding appoints Valeriy Kim as CFO, succeeding Evgeny Ler who transitions to advisor
Filed June 29, 2026 · Period ending June 29, 2026 · ~1 min read
Key Changes
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Valeriy Kim, 37, appointed CFO effective June 25, 2026, succeeding Evgeny Ler who served since 2015. Kim has been with Freedom since 2020, most recently as VP of Finance and CEO of subsidiary Freedom Holding Operations LLP.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Ler transitions to special advisor role to CEO Timur Turlov, focusing on financing and M&A activities. This represents a planned succession with Ler remaining involved in strategic initiatives rather than a departure.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Kim's compensation package includes $1.13M base salary, $1M annual bonus tied to existing program objectives, and 15,000 shares annually (valued at ~$2.16M), totaling approximately $4.3M in annual compensation.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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CEO Turlov stated Kim built and scaled the company's financial reporting, tax, and planning functions from the ground up, positioning him to lead finance during expansion in Kazakhstan, Europe, and other regions.
Exhibit 99.1 view on EDGAR →
Summary
Freedom Holding Corp. executed a planned CFO succession on June 25, 2026, promoting internal candidate Valeriy Kim to replace Evgeny Ler, who had held the position since 2015. Kim, 37, has six years of experience within the Freedom organization, including serving as CFO of subsidiary Freedom Finance Global PLC from 2020 to 2024 and most recently as VP of Finance and CEO of another subsidiary.
Ler is not departing the company but transitioning to a special advisor role focused on financing and M&A, suggesting continuity in strategic financial initiatives. The succession appears well-planned and reflects internal bench strength. Kim's track record building the company's financial infrastructure and his prior CFO experience at a subsidiary provide relevant preparation for the role.
His compensation package of approximately $4.3 million annually (including $1.13M salary, $1M bonus, and $2.16M in equity) is disclosed and tied to existing program objectives. For investors, this represents operational continuity with an experienced internal candidate stepping into the CFO role while the prior CFO remains engaged in strategic matters.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Valeriy Kim, most recently Vice President of Finance of Freedom Holding Corp. and Chief Executive Officer at Freedom Holding Operations LLP, a Freedom Holding Corp. subsidiary, has been appointed as Chief Financial Officer of Freedom Holding Corp.
Freedom Holding Corp. appointed Valeriy Kim as Chief Financial Officer. Kim previously served as Vice President of Finance at Freedom Holding Corp. and CEO at Freedom Holding Operations LLP, a subsidiary. He also served as CFO of Freedom Finance Global PLC, another subsidiary, from 2020-24. Kim, 37, began his career at Deloitte before joining Freedom.
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On June 25, 2026, Evgeny Ler resigned from his position as Chief Financial Officer of Freedom Holding Corp. (the "Company"), effective the same date. Mr. Ler is expected to serve as a special advisor to the Company's Chief Executive Officer Timur Turlov, focusing on financing and M&A activities.
Evgeny Ler resigned as CFO effective June 25, 2026, but will remain with the company as a special advisor to the CEO on financing and M&A matters. This represents a transition rather than a complete departure from the organization.
Added in current filing · verify on EDGAR →
On June 25, 2026, the Company appointed Valeriy Kim, 37, as its Chief Financial Officer, effective immediately. Mr. Kim has served as Vice President of Finance of the Company and Chief Executive Officer of Freedom Holding Operations LLP, a subsidiary of the Company, since 2024. From 2020 to 2024, he served as Chief Financial Officer of Freedom Finance Global PLC, also a subsidiary of the Company.
Valeriy Kim, age 37, was appointed CFO effective June 25, 2026. He has been with the company since 2020, most recently serving as VP of Finance and CEO of a subsidiary since 2024, and previously as CFO of another subsidiary from 2020 to 2024. This is an internal promotion of an executive with substantial company and CFO experience.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 13, 2026 · How we verify