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Tyuryabek OsmanovBanker, organizer of financial and credit business
Date of Birth: 03.05.1893
Country:  Operator |
Content:
- Early Life and Education
- Career in the Financial Sector
- Ascendancy in Financial Management
- - 1921-1922:Chairman of the Board of the Consumer Cooperative.
- Leadership in Banking Institutions
- - 1924-1925:Member of the Board of Directors of Turkselsoyuz.
- - 1927:Admitted to the Communist Party.
- - May 1928:Appointed Chairman of the Board of the Kazselkhozbank.
- Contributions to Economic Development
- - New forms of financial services were implemented in rural areas.
- Active Participation in Public Affairs
- - Editor and publisher of the cooperative journal "Kamkor."
- Family and Personal Life
- Political Persecution and Unjust Execution
- Rehabilitation and Legacy
Early Life and Education
Tyuryabiek Osmonov was born on May 3, 1893, in Kyzyl-Kum, Kyzyl-Orda district, Syr-Darya oblast, into a middle-class family of livestock farmers. As a bright and eager student, he was sent to a Russian native school as one of the first boys from his village. He excelled in his studies and graduated in 1906. Despite financial hardships, he continued his education at the Kyzyl-Orda city school, graduating in 1910. Subsequently, he pursued teaching at the Tashkent teacher's seminary, graduating in 1914 with the right to teach in elementary schools.
Career in the Financial Sector
Osmonov's career in finance began before the October Revolution. From 1916 to 1918, he worked as an instructor and clerk at the Tashkent branch of the State Bank under the department of microcredit, while concurrently serving as an assistant accountant. From then until early 1920, he worked as an instructor for microcredit at the Turknarcomfin and, for a short period, as Chairman of the Perovsk workers' cooperative.
Ascendancy in Financial Management
The 1920s presented significant challenges, but Osmonov's dedication and expertise landed him several key roles:
- 1920-1921:Food Commissar at the People's Commissariat of Labor in Ak-Mechet.
- 1921-1922:Chairman of the Board of the Consumer Cooperative.
- 1920-1922:Member of the Kyzyl-Orda Uispolkom.- 1921-1922:Chairman of the Perovsk District Union.
- 1921-1922:Chairman of the Ugorcomsoyuz "Kossi" (The Poor).
The "Kossi" Union played a vital role in organizing peasants and solving economic and political issues in villages and settlements.
Leadership in Banking Institutions
- 1924:Appointed member of the Board of Directors of the Turkestan Regional Union of Consumer Societies.
- 1924-1925:Member of the Board of Directors of Turkselsoyuz.
- 1925-1925:Chairman of the Board of the Kazoblsoyuz Agricultural Cooperative Union.
- October 1925:Appointed Manager of the Kazakh branch of Prombank (now BTA Bank).
- October 1926:Became Chairman of the Board of the Kazakh Regional Agricultural Union, while continuing in his role as Manager of Prombank.
- 1927:Admitted to the Communist Party.
- 1927:Appointed Deputy Manager of the Kazakh Regional Office of the State Bank.
- May 1928:Appointed Chairman of the Board of the Kazselkhozbank.
- March 1930:Kazselkhozbank reorganized into the Kazakh Republican Office of the All-Union Agricultural Cooperative-Collective Bank. Osmonov was appointed its Manager.
- December 1930:Appointed Deputy Manager of the State Bank of Kazakhstan.
- 1933:Became one of the three deputy managers of the Republican Office of the State Bank, overseeing personnel, administrative, and construction matters.
Contributions to Economic Development
As the economy of Kazakhstan transformed, Osmonov played a crucial role in strengthening the banking system. In 1935, he was appointed Manager of the West Kazakhstan Regional Office of the State Bank. Under his leadership:
- New forms of financial services were implemented in rural areas.
- Gosbank staff improved their skills in financial reporting and deposit mobilization.
- Detailed surveys identified financial challenges and provided solutions for improving the health of businesses.
Active Participation in Public Affairs
Despite his demanding role, Osmonov was deeply involved in public life:
- Editor and publisher of the cooperative journal "Kamkor."
- Teacher of cooperative management courses at the Central Asian University.
- Member of the commission on the cooperative movement in Turkmenistan.
- Member of the organizing committee for the founding congress of the Intercooperative Council.
- Member of commissions on combating drought and poverty in the countryside.
- Played a key role in organizing the Almaty Accounting and Economics College of the State Bank of the USSR.
Family and Personal Life
Osmonov married Fatima Osmonova in 1906. They had three daughters: Aytkul, Laura, and Zarima. His brother, Muldabek, died in combat in 1943.
Political Persecution and Unjust Execution
In 1937, Osmonov became a victim of the Stalinist political purges. He was falsely accused of being a member of anti-Soviet organizations and involved in a plot to overthrow the Soviet government. A military tribunal sentenced him to death by firing squad on October 4, 1937.
Rehabilitation and Legacy
In 1958, Osmonov and his wife were posthumously rehabilitated. Osmonov's daughter, Fatima, spent years seeking compensation for the family's losses and the return of confiscated property, but her efforts were largely unsuccessful. Tyuryabiek Osmonov remains a symbol of the tragic toll of political repression during that dark period in Kazakhstan's history.
