Edition:
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Bank of Georgia Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

1,666.00GBp
23 May 2019
Change (% chg)

-45.00 (-2.63%)
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Summary

Name Age Since Current Position

Neil Janin

64 2018 Non-Executive Chairman of the Board

Archil Gachechiladze

2019 Chief Executive Officer, Executive Director

David Tsiklauri

38 2017 Deputy Chief Executive Officer, Chief Financial Officer

Mikheil Gomarteli

2017 Deputy Chief Executive Officer - Retail Banking

Levan Kulijanishvili

2017 Deputy Chief Executive Officer, Operations

Alasdair Breach

49 2018 Non-Executive Independent Director

Tamaz Georgadze

2018 Non-Executive Independent Director

Hanna-Leena Loikkanen

50 2018 Senior Non-Executive Independent Director

Veronique McCarroll

2018 Non-Executive Independent Director

Jonathan Muir

2018 Non-Executive Independent Director

Cecil Quillen

2018 Non-Executive Independent Director

Andreas Wolf

2018 Non-Executive Independent Director

Biographies

Name Description

Neil Janin

Mr. Neil Janin is Non-Executive Chairman of the Board of the Company. Mr Janin serves as Chairman of Bank of Georgia Group PLC’s Nomination Committee, as well as being a member of the Remuneration Committee. Mr Janin also serves as a member of the Supervisory Board of the Bank. Mr Janin previously served as Chairman of BGEO Group PLC from October 2011 until May 2018, which included positions on BGEO Group PLC’s Nomination and Remuneration Committees. Mr Janin also served as a Non-Executive Director of Georgia Healthcare Group PLC, from September 2015 to April 2018. Mr Janin serves as counsel to CEOs of both for-profit and non-profit organisations and continues to provide consulting services to McKinsey & Company. Prior to joining the Bank in 2010, Mr Janin was a Director of McKinsey & Company, based in its Paris office, for over 27 years, from 1982 until his retirement. At McKinsey & Company, he conducted engagements in the retail, asset management and corporate banking sectors, and was actively involved in every aspect of organisational practice, including design, leadership, governance, performance enhancement and transformation. Before joining McKinsey & Company, Mr Janin worked for Chase Manhattan Bank (now JP Morgan Chase) in New York and Paris, and Procter & Gamble in Toronto. Mr Janin has practised in Europe, Asia and North America. Mr Janin is also a Director of Neil Janin Limited, a company through which he provides his ongoing consulting services. Mr Janin holds an MBA from York University, Toronto, and a joint honours degree in Economics and Accounting from McGill University, Montreal.

Archil Gachechiladze

Mr. Archil Gachechiladze is Chief Executive Officer, Executive Director of the Company. Mr Gachechiladze serves as a member of the Risk Committee and as CEO of the Bank. Prior to his recent appointment Mr Gachechiladze served as CEO of Georgian Global Utilities from January 2017 to January 2019. Mr Gachechiladze joined the Bank in 2009 as Deputy CEO, Corporate Banking (2009- 2013) and has since held various roles with the Bank and the Group, such as Deputy CEO, Investment Management (2013-2015), CFO of BGEO Group (2015-2016) and Deputy CEO, Corporate Investment Banking (2016- 2017). Mr Gachechiladze has over 17 years of experience in the financial services, including various senior positions both in local and international organisations, such as TBC Bank (2008-2009), Lehman Brothers Private Equity (currently Trilantic Capital Partners) (2006-2008), Salford Equity Partners, KPMG and the World Bank’s CERMA (1998-2004). Mr Gachechiladze received his undergraduate degree in Economics from Tbilisi State University and holds his MBA with distinction from Cornell University. He is also a CFA Charterholder and a member of the CFA Society in the United Kingdom.

David Tsiklauri

Mr. David Tsiklauri is Deputy Chief Executive Officer, Chief Financial Officer of the Company. Mr Tsiklauri has extensive experience in banking as well as the corporate segment in Georgia, having worked as the Deputy CEO in charge of Corporate Banking at TBC Bank since 2014. Prior to that he 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.

Mikheil Gomarteli

Mr. Mikheil Gomarteli is Deputy Chief Executive Officer - Retail Banking of the Company. 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 Emerging and Mass Retail Banking and Micro Business Banking. 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 20 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.

Levan Kulijanishvili

Mr. Levan Kulijanishvili is Deputy Chief Executive Officer, Operations of the Company. Prior to which he served as BGEO Group PLC’s CFO and as Deputy CEO, Finance of the Bank from February 2016. He has been with the Bank since 1997. 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 to 1999). Mr Kulijanishvili received his undergraduate degree in Economics and Commerce from Tbilisi State University and received his MBA from Grenoble Graduate School of Business.

Alasdair Breach

G-n. Alasdair (Al) Breach is Non-Executive Independent Director of the Company. Mr Breach serves as Chairman of Bank of Georgia Group PLC’s Remuneration Committee, as well as being a member of the Risk Committee and Nomination Committee. Mr Breach also serves as a member of the Supervisory Board. Mr Breach previously served as an Independent Non-Executive Director of BGEO Group PLC, which included positions on BGEO Group PLC’s Remuneration, Nomination and Risk Committees. In 2013, Mr Breach co-founded Gemsstock Limited, a UK FCA-regulated fund manager, where he also serves as an Executive Director. In 2010, Mr Breach founded Furka Advisors AG, a Swiss-based asset management firm, and served as an Executive Director until founding Gemsstock Limited, which manages the Gemsstock Fund, which was previously called the Gemsstock Growth Fund and was managed by Mr Breach at Furka Advisors AG. His previous career was in research in investment banks, principally in Russia. In January 2003, Mr Breach joined Brunswick UBS (later UBS Russia) as Chief Economist, and later was appointed Head of Research and Managing Director until October 2007. From 1998 to 2002, Mr Breach was a Russia and Former Soviet Union (FSU) economist at Goldman Sachs, based in Moscow. Mr Breach is also the co-founder of The Browser.com, a web-based curator of current affairs writing, established in 2008. Mr Breach serves as a Director of Gemsstock Limited, the Gemsstock Fund, The Browser and Furka Holdings AG, all of which are private entities. He is also an advisor to East Capital. Mr Breach holds an MSc in Economics from the London School of Economics and an undergraduate degree in Mathematics and Philosophy from Edinburgh University.

Tamaz Georgadze

Mr. Tamaz Georgadze is Non-Executive Independent Director of the Company. Mr Georgadze serves as Chairman of Bank of Georgia Group PLC’s Risk Committee, as well as being a member of the Remuneration Committee and the Nomination Committee. Mr Georgadze was also appointed to the Bank’s Supervisory Board in December 2013. Mr Georgadze previously served as an Independent Non-Executive Director of BGEO Group PLC, which included positions on BGEO Group PLC’s Audit, Nomination and Risk Committees In 2013, Mr Georgadze founded Raisin GmbH (formerly SavingGlobal GmbH) a company which launched the first global deposit intermediation in Europe and he continues to serve as its CEO/Chairman. Prior to founding this company, Mr Georgadze had a ten-year career at McKinsey & Company in Berlin, where he served as a Partner from 2009 to 2013. At McKinsey & Company, he conducted engagements with banks in Germany, Switzerland, Russia, Georgia and Vietnam, focusing on strategy, risk identification and management, deposit and investment products, operations and sales. Prior to joining McKinsey & Company, Mr Georgadze worked as an aide to the President of Georgia in the Foreign Relations Department from 1994 to 1995. Save for his role at Raisin GmbH, Mr Georgadze does not hold any other directorships. Mr Georgadze holds two PhDs, one in Economics from Tbilisi State University and the other in Agricultural Economics from Justus-Liebig University Gießen, Germany. Mr Georgadze also studied Law at Justus-Liebig Universität Gießen and graduated with honours.

Hanna-Leena Loikkanen

Ms. Hanna Loikkanen is Senior Non-Executive Independent Director of the Company. Ms Loikkanen also serves as a member of the Audit Committee and Nomination Committee. Ms Loikkanen was appointed to the Bank’s Supervisory Board in August 2015. Ms Loikkanen previously served as an Independent Non-Executive Director of BGEO Group PLC from 2011 until 2013 and from 2015 until 2018, which included positions on BGEO Group PLC’s Audit, Nomination and Risk Committees. Ms Loikkanen has over 20 years of experience working with financial institutions in Russia and Eastern Europe. She currently serves as an advisor to East Capital Private Equity AB. Prior to this, she served from 2010 to 2012 as the Chief Representative and Head of the Private Equity team at East Capital, a Swedish asset management company in Moscow, with a special focus on financial institutions. Prior to this, Ms Loikkanen held the position of Country Manager and Chief Executive Officer at FIM Group in Russia, a Finnish investment bank, where she was responsible for setting up and running FIM Group’s brokerage and corporate finance operations in Russia. During her tenure at FIM Group, the company advised several large foreign companies in their M&A activities in Russia. Earlier in her career, Ms Loikkanen worked for Nordea Finance in various management positions in Poland, the Baltic States and Scandinavia with a focus on business development, strategy and business integration; for SEB in Moscow where she was responsible for the restructuring of SEB’s debt capital market operations in Russia; and for MeritaNordbanken in St Petersburg where she focused on trade finance and correspondent banking. In addition to her directorships at Bank of Georgia Group PLC, Ms Loikkanen serves as a Non-Executive Director, Chair of the Compensation and Remuneration Committee and member of the Audit Committee of PJSC Rosbank, a universal bank listed on the Moscow Stock Exchange (Société Générale Group in Russia).

Veronique McCarroll

Ms. Veronique McCarroll is Non-Executive Independent Director of the Company. Ms McCarroll serves as a member of Bank of Georgia Group PLC’s Risk and Nomination Committees. Ms McCarroll has over 30 years’ experience in financial services, with a strong focus on corporate and investment banking and risk management. She currently sits on the Executive Committee of Mobile Finance, where she heads Strategy and Innovation for Digital banking across Europe. She was until recently an Executive Director at Crédit Agricole CIB, in charge of Strategy and Business Transformation. Prior to joining CACIB in 2016, she spent 19 years in consulting firms, helping large banking clients on financial matters, including as a Partner at McKinsey & Company (2013-2016), Oliver Wyman (2004- 2013) and Andersen/Ernst & Young (1996-2003). Ms McCarroll started her career with Banque Indosuez in Capital Markets in 1986, serving in various front office fixed income and then market risk management roles. Ms McCarroll teaches Finance at Paris Dauphine University. Ms McCarroll graduated from ESSEC (Ecole Supérieure des Sciences Economiques et Commerciales) in 1985.

Jonathan Muir

Mr. Jonathan Muir is Non-Executive Independent Director of the Company. Mr Muir serves as Chairman of Bank of Georgia Group PLC’s Audit Committee, as well as being a member of the Nomination Committee. He was appointed as an Independent Non-Executive Director to BGEO Group PLC’s Board of Directors in June 2017 after previously serving as an advisor to BGEO Group PLC’s Board since December 2016. Mr Muir was appointed to the Bank’s Supervisory Board in August 2017. Mr Muir has over 30 years’ experience working as a professional in accounting and finance. He is an executive director (CEO) of LetterOne Holdings SA and is CEO of LetterOne Investment Holdings. LetterOne is an international investment business consisting of two groups which target investments in the healthcare, energy, telecoms and technology, and retail sectors. Prior to joining LetterOne, Mr Muir was CFO (2008-2013) and Vice President of Finance and Control (2003-2008) of TNK-BP, which he joined after serving as CFO of SIDANCO, one of TNK-BP’s heritage companies. Prior to this, he was a partner at the global audit and consulting company Ernst & Young (1985-2000). Mr Muir graduated with first class honours from St. Andrews University in the UK. He is a British qualified Chartered Accountant and a member of the Institute of Chartered Accountants of England and Wales.

Cecil Quillen

Mr. Cecil D. Quillen is Independent Non-Executive Director of the Company. Mr Quillen serves as a member of Bank of Georgia Group PLC’s Audit Committee, Remuneration Committee and Nomination Committee. Mr Quillen also serves as a member of the Supervisory Board. Mr Quillen is a lawyer and a London-based US partner of Linklaters LLP, the global law firm. He is the leader of the firm’s US securities practice. Mr Quillen works on a broad spectrum of securities and finance matters. A particular focus of his practice has been transactions in the CIS and in Central and Eastern Europe. Mr Quillen is an officer of the Securities Law Committee of the International Bar Association, chairing its Underwriting and Distribution Subcommittee, and sits on the Advisory Committee for Securities Regulation in Europe of the Practising Law Institute. He is a trustee of the University of Virginia Law School Foundation and of UK Friends of Harvard University. Mr Quillen became a partner of Linklaters in 1996 and was resident in the firm’s New York office before transferring to the London office in 2000. He is admitted to practice in New York and the District of Columbia and is a registered foreign lawyer in England and Wales.

Andreas Wolf

Mr. Andreas Wolf is Non-Executive Independent Director of the Company. Mr Wolf serves as a member of Bank of Georgia Group PLC’s Audit and Nomination Committees and as a member of the Bank’s Supervisory Board. Mr Wolf has more than 12 years of experience working with financial institutions in Central and Eastern Europe as well as Asia. He currently serves as Head of Strategy and Business Development for MHB-Bank AG in Germany. He also serves as an advisor to Raisin, a European deposit brokerage marketplace. Prior to his current positions, Mr Wolf had more than ten years at McKinsey & Company in Frankfurt, where he served as a Partner from 2014 to 2018. At McKinsey, he worked with banking and insurance clients in Germany, Austria, the Netherlands, Croatia, Georgia, India and China, focusing on digital transformation/ digital attackers, strategy, risk management, operations and sales. Prior to that, Mr Wolf worked as a lecturer in Statistics at the University of Jena for four years. Mr Wolf holds a PhD in Statistics and Research Methodology from the Friedrich-Schiller-University of Jena, and also studied Psychology at the Universities of Tuebingen, St. Andrews and Jena and graduated with honours.