Our team


Managing Partner

+ 7 7272 596 260,
+ 7 7272 597 560,
+ 7 701 522 7051



Corporate Law & M&A


Kazakh State University, PhD University of International Business, MBA


English, Kazakh, Russian


Professional Experience

Madina is a founder and a Managing Partner of Linkage & Mind LLP. She has extensive experience in capital markets and structured finance transactions, corporate M&A and all elements of the debt capital structure. She is an expert in corporate and finance law and has led many high-profile projects. Her representative  transactions include advising:

  •  State-owned energy, transport and agriculture companies on various elements of corporate and finance transactions involving international financial institutions such as EBRD, JIBIC, ADB and IDB.
  • Kazakhstan Temir Zholy, a national rail company, on financing and upgrading its passenger cars.
  • Korean National Oil Corporation and its subsidiary in Kazakhstan on the construction of a floating drilling unit under the multi-structured financing transactions, including tax structuring.
  • A Kazakhstan - Spanish joint venture on various corporate and tax aspects in relation to its project for assembling passenger cars.
  • Sumitomo Corporation on its USD 30 million deal for the acquisition of strategic assets in the mining and industrial sectors of the Kazakhstan economy.
  • Elbit Systems, the largest Israeli industrial defense company, on corporate transactions with Kazakhstan Engineering and other large companies operating under the state defense order.
  • Myllyn Paras, a large Finnish manufacturer of milling products, on a number of transactions in relation to the acquisition of assets in the Kazakhstan’s agricultural sector.
  • Hanhong Private Equity Fund on a number of M&A transactions in relation to the acquisition of gold deposits in Kazakhstan and Kyrgyzstan.
  •  China Development Bank on financing of the Kazakhmys - Aktogai mining deal for USD 1.5 billion.
  • Atyrau Refinery Plant on modernization, restructuring and fundraising for over USD 1.2 billion.
  • Kazatomprom on the acquisition of assets in the mining and processing industries.
  • Tau-Ken Samruk on its deal with Rio Tinto in relation to establishing a joint venture for the development of large deposits of certain minerals in North Kazakhstan.
  • National Space Centre in relation to its contracts for the development of geostationary satellites KAZSAT, KAZSAT 2 and KAZSAT 3 for an aggregate amount of USD 164 million.
  • Samruk-Energy in relation to modernization of its subsidiary Shardara hydropower plant for over EUR 75 million.
  • Investment subsidiary of Samruk-Kazyna on the acquisition of a subsoil company (in progress).

Awards & Recognition

European Women in Business Law, Linkage & Mind Kazakhstan Law Firm of the Year 2011, IFLR, London (2011-2012)