Company Overview of JSC Bank of Georgia
JSC Bank of Georgia provides banking, leasing, insurance, real estate, brokerage, investment management, and healthcare services to corporate and individual customers in Georgia. Its Retail Banking segment accepts various deposits for individuals and legal entities; and offers consumer loans, mortgage loans, overdrafts, credit card facilities, and other credit facilities, as well as funds transfer and settlement services. The company’s Corporate Banking segment provides savings and term deposits for corporate and institutional customers; loans and other credit facilities; and funds transfers and settlement, trade finance, and documentary operations support services. Its Investment Management...
29a Gagarini Street
Founded in 1994
Key Executives for JSC Bank of Georgia
Chief Executive Officer and Member of Management Board
Deputy Chief Executive Officer of Corporate Banking, Member of Management Board, Chairman of Problem Loan Recovery Committee, Chairman of Corporate Recovery Committee and Member of Asset & Liabilities Management Committee
Deputy Chief Executive Officer of Retail Banking, Member of Management Board and Member of Asset & Liabilities Management Committee
Deputy Chief Executive Officer of Investment Management, Member of Management Board and Member of Asset & Liabilities Management Committee
Head of Investor Relations & Funding and Head of UK Representative Office
Compensation as of Fiscal Year 2015.
JSC Bank of Georgia Key Developments
JSC Bank of Georgia Announces Management Changes
Sep 25 15
JSC Bank of Georgia announced that Murtaz Kikoria, previously Deputy CEO, Finance has succeeded Irakli Gilauri as CEO. JSC Bank of Georgia appointed Irakli Gilauri as Chairman. The bank announced Levan Kulijanishvili who most recently served as the Head of Compliance andInternal Control - has been promoted to Deputy CEO, Finance. JSC Bank of Geogia announced Mikheil Gomarteli, Deputy CEO Retail Banking and Sulkhan Gvalia appointed as Deputy CEO Corporate Banking. Following this change, Levan Kulijanishvili - a long-standing BOG professional who most recently served as the Head of Compliance and Internal Control - has been promoted to Deputy CEO, Finance. Additionally, contracts have been extended for Mikheil Gomarteli, Deputy CEO Retail Banking and Sulkhan Gvalia, Deputy CEO Corporate Banking at JSC Bank of Georgia, as well as for Irakli Burdiladze, who continues to serve as CEO of JSC m2 Real Estate. Levan Kulijanishvili's contract expires on 1 September 2018. All other contracts expire on 1 May 2019.
Bank of Georgia Announces Earnings Results for the Second Quarter 2015
Aug 20 15
Bank of Georgia announced earnings results for the second quarter 2015. For the quarter, the company reported profit was GEL 72 million, 15.5% higher than the same quarter last year and up 23.5% year-on-year. It added that its total revenue benefited from a strong lift in retail banking income, which was up to GEL 103.4 million in the period, an increase of 44.9% year-on-year.
JSC Bank of Georgia Announces Executive Changes
Aug 12 15
Bank of Georgia Holdings PLC announced that the JSC Bank of Georgia has completed its legal restructuring as announced in December 2014. Murtaz Kikoria, currently Deputy CEO, Finance will succeed Irakli Gilauri as CEO of JSC Bank of Georgia and Irakli Gilauri will become the chairman of JSC Bank of Georgia. In line with the group restructuring, the board intends to sign new service agreements with senior management.
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