 Dosaev is the former chairman and CEO of Baiterek, a state-owned holding company specializing in banking and finance founded in 2013.Baiterek was originally formed to fund large economic development projects but the company's portfolio was expanded significantly in order to cope with the economic problems associated with falling oil prices.Dosaev was appointed head of Baiterek in May 2016 and succeeded Kuandyk Bishimbayev.