Kenges Rakishev (Kazakh: Кеңес Хамытұлы Рақышев; Russian: Кенес Хамитович Ракишев), also written Kenes,[1] is a Kazakhstani businessperson.

In the late 1990s, he began his career as an advisor to the Road Safety Fund under the Ministry of Internal Affairs of the Republic of Kazakhstan.

[7] He has been chairman of Net Element,[8] and Fincraft Resources (formerly SAT & CO) which is listed at the Kazakhstan Stock Exchange after its new name.

[10] By 2010, Fincraft Resources had invesments in over 50 corporations involved in metallurgy, oilfields, venture investments, and mining-related activities.

In 2014, Rakishev joined the board of directors of JSC National Company Kazakhstan Engineering, a large holding combining 27 enterprises of the defence industry and munitions factories.

[13] In 2022, when Russia invaded Ukraine, he continued to paid the salaries of all Ukrainian employees despite a stop in the bank’s operations and helped Kazakhstan citizens be evacuated from the country.

The acquisition and subsequent merger of BTA and KKB were expected to create the largest commercial bank in the region.

[18] As a result of the proposed transaction, Rakishev would acquire legal ownership over the parent entity of JSC Alnair Capital Holding, becoming its General Partner and effectively acquire control over voting and other rights of Alnair's in the bank, controlling 56.75% of the bank's shares in total.

[19] In April 2016 Rakishev significantly increased his stake in Kazkommertsbank after reaching an agreement with Nurzhan Subkhanberdin and JSC Central Asian Investment Company (CAIC).

[1] British weekly financial magazine Investors' Chronicle described CAML as "a real lesson in diversification".

[24] In 2018, after leaving Central Asia Metals, he invested his earnings into 28,3% share of Petropavlovsk, a then distressed Russian Mining Company also listed on the London Stock Exchange.

Although its Gornostayevskoye deposit is over 100 years old, the company has applied cutting-edge technology to mine 1,000.8 thousand tonnes of nickel and 66 of cobalt necessary to develop electric cars.

In September 2024, Mr. Rakishev bought 40% of he oil and gas company Beineu Petroleum Ltd, as announced in a public filing.

[33] Later, next to Shukhrat Ibragimov, Rakishev acquired the shares of JSC Shubarkol Premium, which runs a large coal mining operation in the Karaganda region.

[34] In October, 2024 he agreed to acquire 26.95% of the issued and outstanding ordinary shares of Tethys Petroleum Limited, an oil and gas company with its primary listing on the NEX board of the TSX Venture Exchange and is also listed on the Kazakhstan Stock Exchange (KASE).

[35] In November, 2024, Fincraft Group announced the purchase of 26.95% of the shares of Tethys Petroleum Limited, an oil and gas exploration company focused on Central Asia for 16,73 million dollars.

Rakishev invested $20 million in a social media platform for sharing photos and videos called Mobli.