The FINANCIAL — TBC Bank has three new vice presidents. The Bank’s management has expanded its team by three people who have successfully established careers abroad. The return of these three Georgians is viewed as a great addition, not only for the Bank, but for the whole Georgian economy as well.
The new vice presidents will head the following areas: Giorgi Tkhelidze – risk management, Nikoloz Kurdiani – micro-finances, and David Tsiklauri – corporate banking.
“We are not replacing anyone, we are only adding new professionals to our staff for future development,” said Mamuka Khazaradze, Chairman of the Supervisory Board at TBC Bank.
Tkhelidze joined TBC Bank from Barclays Investment Bank, where he held the position of Vice President in the Financial Institutions Group (FIG), EMEA since June 2011. For the two years prior to that he was an Associate Director in Barclays Debt Finance and Restructuring Teams. It was in 2007 that he obtained his MBA degree from London Business School. During his career in London, Mr. Tkhelidze executed multiple M&A, debt and capital markets transactions with European financial institutions. In 2002 Tkhelidze obtained a Master of Laws degree in International Commercial Law at the University of Nottingham.
“Tkhelidze brings with him extensive banking sector expertise combined with managerial experience in Georgia. Importantly, he was one of the key advisors on our recent successful IPO and knows TBC Bank well. I am confident that Giorgi will contribute a great deal to the Bank’s further growth and development,” said Vakhtang Butskhrikidze, Chief Executive Officer of TBC Bank.
“Despite my successful career in London I have been thinking of returning to Georgia for the last few years. It was a family decision, as my family is also coming back from London,” said Tkhelidze.
Nikoloz Kurdiani, the new Deputy CEO responsible for micro-finance, has ten years’ experience in the banking industry which includes five years at UniCredit Group in Austria and Kazakhstan. He has expertise in post-acquisition integration and restructuring, as well as improving retail sales. Between 2008 and 2010 Kurdiani held the position of Senior Sales Support Expert at the CEE Retail Division of Bank Austria, UniCredit Group, responsible for Turkey, Kazakhstan, Ukraine and Serbia. Between 2010 and 2013, he was Head of the Retail Division of ATF Bank, UniCredit Group in Kazakhstan. Immediately before joining TBC Bank, Kurdiani was Managing Director of Kaspi Bank, a leading retail bank in Kazakhstan.
Kurdiani completed his BBA studies at Ruhr-University Bochum in Germany and the Caucasus School of Business.
“We will greatly benefit from Kurdiani’s extensive experience from working in retail banking at leading global financial institutions in CEE countries. He will play a crucial role in the ongoing integration of Bank Constanta and in the post-merger development of the micro-finance business, as well as the development of TBC Bank as a whole,” said Butskhrikidze.
With David Tsiklauri’s extensive experience in the financial services industry at leading global companies, Butskhrikidze is confident that the new Vice President in corporate banking will bring valuable expertise to the Bank and contribute greatly to TBC’s continued growth and development.
Tsiklauri has joined TBC Bank from Deutsche Bank, where he served as Vice President of the Capital Markets and Treasury Solutions teams since 2011. He has specific expertise in the origination, structuring and execution of public and private transactions and principal investment trades in several countries, including the Emerging Markets. Prior to this, Tsiklauri worked as an Associate in the Debt Capital Markets Department at Deutsche Bank, and was responsible for the origination of public trades within the core and niche currency markets. From 2005-2006 he served as the Head of Investor Relations at TBC Bank until he left the position to earn his MBA degree from London Business School in 2008. He also holds MSE and BSE degrees from Georgian Technical University.
According to Khazaradze, the Bank will continue to search for those people who have achieved success abroad and received good educations there. “The future and development of the country depends on such individuals,” he said.
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