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(Sharecast News) - TBC Bank revealed on Monday that it had made changes to the executive management team of its Georgian banking subsidiary, JSC TBC Bank.
TBC said responsibility for its Georgian operations will now be assumed by George Tkhelidze, in order to enable the group chief executive, Vakhtang Butskhrikidze, to focus on the bank's strategic priorities in Georgia, Uzbekistan and internationally.
Tkhelidze will take over as CEO of JSC TBC Bank with effect from 1 March, or such later date as may be required for the completion of relevant regulatory approvals.
TBC said Tkhelidze has "significant international banking experience and a strong track record in the group", having joined the bank in 2014 as deputy CEO and chief risk officer. Since November 2016, Tkhelidze has been head of the TBC's CIB and wealth management businesses.
Tornike Gogichaishvili, deputy CEO and head of MSME and affluent banking, will leave TBC on 1 March.
Reporting by Iain Gilbert at Sharecast.com
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