TBC Bank's board of directors
Management Of JSC TBC Bank
  • Vakhtang Butskhrikidze


    • Leading banker in the Caucasus and Eastern European region
    • Extensive strategic and financial leadership experience of over 25 years
    • Robust knowledge and expertise of strategic planning and development, startup and fintech management, mergers and acquisitions, and equity and debt capital debt raising and investor relations

    Vakhtang has over 30 years of banking and financial industry experience. He led the Group from its founding in Georgia in 1992 as a start up to the current market-leading financial technologies institution. He joined TBC Bank as a Senior Manager in 1993 and became Chairman of the Management Board in 1996. Since 1998, he has held the position of the Chief Executive Officer of JSC TBC Bank and was appointed as Chief Executive Officer of the Company in May 2016.

    Vakhtang is a prominent banker in the Caucasus and Easter European region and is the receipt of several prestigious awards, including Best Banker 2011 by GUAM – Organization for Democracy and Economic Development award and the CEO of the Year 2014 in Central and Eastern Europe and the CIS by EMEA Finance magazine. In March 2019, he won the Special Award for Responsible Capitalism in Adversity from the prestigious FIRST organisation - a multidisciplinary international affairs organization, which aims to enhance dialogue between leaders in industry, finance and government.

    Current External (non-Group) non-executive appointments
    • Board member of the Association of Banks of Georgia
    • Board member of the Business Association of Georgia
    • Member of the Visa Central & Eastern Europe, Middle East and Africa (CEMEA) Business Council

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  • Giorgi Megrelishvili

    Deputy CEO, Chief Financial Officer

    Giorgi was appointed as the Deputy CEO and CFO of JSC TBC Bank in October 2020. He joined the Bank as a Deputy CFO in March 2020.

    Giorgi has 25 years of global leadership experience in financial services. Before joining TBC, Giorgi was a Director and Head of Capital Risk and Stress Testing at Natwest Markets N.V. in Amsterdam. Prior to that, Giorgi held a number of key leadership positions at Barclays Bank in London between 2008 and 2019, including as a Director at Barclays Treasury, the Head of Barclays Internal Large Exposure and the Head of Barclays Central Planning. During his work at Barclays, Giorgi also served as Barclays Bank PLC Solo Capital and Leverage Management Lead and the Head of Strategic Planning at Barclaycard UK. In his earlier career, Giorgi held various senior managerial positions at several Georgian organisations.

    Giorgi holds an MBA from the University of Cambridge, Judge Business School.

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  • Tornike Gogichaishvili

    Deputy CEO, Retail and MSME Banking

    Tornike was appointed to his current role as the Deputy CEO of JSC TBC Bank and Head of Retail since January 2020. Additionally, Tornike is leading the MSME banking since January 2021. He joined TBC in 2018 as the Chief Operating Officer.

    Tornike has over 20 years of financial services and operations management experience in Georgia and CEE. Prior to joining TBC, he has served as a Deputy CEO and Chief Operating Officer at the Bank of Georgia Group and served at various other key positions at the same institution before that. During 2008-2010, Tornike held the position of CFO at BG Bank Ukraine (a subsidiary of Bank of Georgia). Earlier in his career, Tornike held the position of the CEO of Aldagi, an insurance company in Georgia, served as the chief financial officer of UEDC PA consulting and held various managerial positions at BCI Insurance.

    Tornike holds an MBA from the Caucasus School of Business and an executive diploma from Said Business School, Oxford.

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  • George Tkhelidze

    Deputy CEO, Corporate and Investment Banking, Wealth Management

    George was appointed to his current role at the Bank in November 2016, leading the Corporate and Investment Banking businesses. George is also responsible for the Bank's Wealth Management and leasing businesses since January 2021. George first joined TBC in 2014 as Deputy CEO and the Chief Risk Officer.

    George has more than 20 years of experience in global financial services. Prior to joining TBC, he worked for Barclays Investment Bank, where he held the position of Vice President in the Financial Institutions Group (FIG), EMEA. Before that, he was an Associate Director in the Barclays Bank Debt Finance and Restructuring teams. During his career at Barclays in London, George worked on and executed multiple M&A, debt and capital markets transactions with European financial institutions. In his earlier career in Georgia, George served as the Chief Executive Officer at Aldagi, the leading insurance company in Georgia and held progressively senior positions at the same company prior to that.

    George is Stanford Executive Program (SEP) graduate, holds an MBA from the London Business School and a Master of Laws degree (LLM) in International Commercial Law from the University of Nottingham.

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  • Nino Masurashvili

    Deputy CEO, Chief Risk Officer

    Nino joined TBC Bank in 2000 as a manager in the planning and control department and became head of that department in 2002.

    Between 2004 and 2005, she acted as head of the sales department and retail bank coordinator. In 2006 Nino was appointed as a deputy CEO. Between periods 2007-2008 and 2016-2020 she served as a lead of retail banking, while from 2008 to 2016 she acted as a lead of retail and MSME banking. In 2020, Nino has been appointed as the Chief Risk Officer of the Bank.

    Between 2006 and 2008, Nino was the chairman of the supervisory board of UFC. During 2011-2015 she also held a position of a member of the supervisory board of Bank Constanta until its full merger with TBC Bank. During 2011- 2016, Nino has been a member of the supervisory board of TBC Kredit. During 2016-2020, Nino served as a member of the supervisory board of TBC Pay.

    In her earlier career, she held the positions of credit account manager, credit officer, financial analyst (financial department) and head of the financial analysis and forecasting department at JSC TbilCom Bank between 1995 and 2000. Between 1998 and 2000, she also held the position of accountant at the Barents Group.

    Nino graduated from Tbilisi State University in 1996 with a degree in Economics and obtained an MBA degree from the European School of Management in Tbilisi.
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