GROUP CEOIrakli Gilauri was appointed as an Executive Director of BGEO on 24 October 2011 and has been re-elected by shareholders at each AGM thereafter. Mr Gilauri has served as CEO of BGEO since his appointment in 2011, and was appointed Chairman of the Bank in September 2015, having previously served as CEO of the Bank since May 2006. Mr Gilauri also serves as CEO of JSC BGEO Group, JSC BGEO Investment Group and JSC BG Financial Group. He is currently Chairman of the Board of Georgia Healthcare Group PLC and Chairman of the Supervisory Board for the following subsidiaries: JSC Georgia Healthcare Group, m2 Real Estate, Georgian Renewable Power Company and Teliani Valley. He is also a member of the Supervisory Board of Georgia Global Utilities and Agron Group. Before his employment with the Bank, Mr Gilauri was a banker at the EBRD’s Tbilisi and London offices for five years, where he worked on transactions involving debt and private equity investments in Georgian companies. Mr Gilauri received his undergraduate degree in Business Studies, Economics and Finance from the University of Limerick, Ireland, in 1998. He was later awarded the Chevening Scholarship, granted by the British Council, to study at the CASS Business School of City University, London, where he obtained his MSc in Banking and International Finance.
GROUP GENERAL COUNSELMr Namicheishvili was appointed as General Counsel of JSC BGEO Group in September 2015. He previously served as Deputy CEO (Legal) of the Bank since July 2008, prior to which he served as the Bank’s General Counsel from March 2007. Before joining the Bank, Mr Namicheishvili was a partner at Begiashvili & Co. Limited, a leading Georgian law firm, where he acted as external legal advisor for Bank of Georgia from 2004. He received his undergraduate degrees in Law and International Economic Relations from Tbilisi State University and a graduate degree (LLM) in International Business Law from Central European University, Hungary.
GROUP HEAD OF BUSINESS DEVELOPMENTMs Shavgulidze was appointed as a Group Head of Business Development in April 2017. Prior to her appointment, Ms Shavgulidze served as a Group Head of Investor Relations and Funding since January 2015. Ms Shavgulidze joined the Group in 2011 and was a Supervisory Board member of the Group’s insurance and healthcare subsidiaries and served as the CEO of the healthcare services business, and later was a Supervisory Board Member of the Group’s insurance and healthcare subsidiaries (2011-2013). Before her employment with the Group, Ms Shavgulidze was an Associate Finance Director at AstraZeneca, UK for two years, where she worked on finance projects in Eastern Europe, including an assignment as CFO for AstraZeneca Kazakhstan. She also co-lead the reorganisation of AstraZeneca's Central Asian business. Ms Shavgulidze received her undergraduate degree in Business Administration from the European School of Management in Georgia and received her MBA from Wharton Business School, majoring in Finance and Entrepreneurship.
GROUP CHIEF FINANCIAL OFFICERMr Alpaidze was appointed as Group CFO in September 2017, prior to which he served as Head of the Group’s Finance, Funding and Investor Relations. Mr Alpaidze has extensive international experience in banking, accounting and finance. He joined the Group in August 2016 from Ernst & Young LLP’s Greater New York City’s assurance practice, where he was a senior manager serving Ernst & Young’s financial services clients. Giorgi started his career at Ernst & Young Georgia in 2005 and moved to Ernst & Young’s United States practice in 2010. Giorgi is a U.S. Certified Public Accountant and received his undergraduate degree in Business Administration from the European School of Management in Georgia.
JSC Bank of Georgia
KAKHABER (KAHA) KIKNAVELIDZE
CEO, BANK OF GEORGIA
Mr Kiknavelidze was appointed as CEO of the Bank in September 2016. Immediately prior to his appointment, Mr Kiknavelidze served as an Independent Non-Executive Director of BGEO Group since October 2011, which included positions on BGEO’s Audit, Risk and Nomination Committees and he also served as a member of the Bank’s Supervisory Board and Audit Committee, positions he held since 2008. While serving as a Director and Supervisory Board member, he took a very active role in mentoring many of the current members of the Bank’s management team. Kaha has over 15 years of experience in the financial services, including a number of roles at UBS and Troika Dialog. He is the founder and Managing Partner of Rioni Capital Partners LLP, a London-based investment management company, the role he stepped down from at the end of 2016. Mr Kiknavelidze received his undergraduate degree in Economics with honours from the Georgian Agrarian University in Tbilisi, Georgia, and received his MBA from Emory University.
CHIEF FINANCIAL OFFICER
Mr Tsiklauri was appointed as Chief Financial Officer of the Bank in September 2017. He previously served as a Deputy CEO, Corporate Investment Banking since February 2017. Prior to joining the Bank, Mr Tsiklauri served as Deputy CEO in charge of Corporate Banking at TBC Bank, a position he held since 2014. Before TBC Bank, Mr Tsiklauri served as the Vice President of the Capital Markets and Treasury Solutions team at Deutsche Bank since 2011, where he started as an associate in the Debt Capital Markets Department in 2008. Mr Tsiklauri has an MBA degree from London Business School.
DEPUTY CEO, OPERATIONS
Mr Kulijanishvili was appointed as Deputy CEO, Operations in September 2017. He joined the Bank in 1997 and served as Group CFO and Deputy CEO, Finance of the Bank prior to this appointment. During his 20 years of service, Mr Kulijanishvili has held various senior positions, including Head of Compliance and Internal Control from 2009 until his appointment as Deputy CEO (Finance), Head of the Internal Audit department (2000 to 2009), Manager of the Financial Monitoring, Strategy and Planning department (1999 to 2000) and Head of the Financial Analysis division (1997-1999). He received his undergraduate degree in Economics and Commerce from Tbilisi State University and holds an MBA degree from Grenoble Graduate School of Business.
DEPUTY CEO, RETAIL BANKING (EXPRESS BANKING AND BRAND OPERATIONS)
Following the split of Retail Banking into two segments in February 2017 due to significant growth in the Retail Banking business, Mr Gomarteli assumed the role of Deputy CEO responsible for Express Banking and Brand Operations. Prior to this, Mr Gomarteli had served as the sole Deputy CEO of Retail Banking since February 2009. He has been with the Bank since December 1997. During his 18 years of service with the Bank, Mr Gomarteli has held various senior positions, including Co-Head of Retail Banking (March 2007 to February 2009), Head of Business Development (March 2005 to July 2005), Head of Strategy and Planning (2004 to 2005), Head of Branch Management and Sales Coordination (2003 to 2004), Head of Branch Management and Marketing (2002 to 2003) and Head of Banking Products and Marketing (2000 to 2002). Mr Gomarteli received an undergraduate degree in Economics from Tbilisi State University.