Graduated from the Moscow State University named after M.V. Lomonosov in 1990. Candidate of Physical and Mathematical Sciences.
He started his career as Junior Researcher at the Institute of Mathematics and Mechanics of the Academy of Sciences of the Kazakh SSR and later worked as a Lecturer at Almaty State University named after Abai.
From 1996 to 1998, he served as Economist, Head of Planning and Finance Department, Financial Director at “BUTYA”.
In 1998, he was Deputy CEO of RSE Kazakhstan Temir Zholy.
From 1998 to 2003, Mr Rakhmetov was Director of the Analysis and Forecasting Department of the Ministry of State Revenue of the Republic of Kazakhstan, Vice-Minister of the Ministry of State Revenue of the Republic of Kazakhstan, Vice-Minister of the Ministry of Finance of the Republic of Kazakhstan.
In different years, he served as Deputy CEO and First Deputy CEO at JSC KazTransGas, Managing Director for Economics and Finance at JSC NC KazMunayGas.
Mr Rakhmetov also headed the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan.
From 2008 to 2018, he held the positions of Managing Director, Managing Director – Member of the Management Board, Financial Director – Member of the Management Board, Managing Director for RK Government Relations of Samruk-Kazyna.
Since January 2018, he serves as a Managing Director for Transformation, Privatization and Restructuring of Samruk-Kazyna.