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

    CEO

    Vakhtang Butskhrikidze joined TBC Bank as a Senior Manager of the Credit Department in 1993 and was elected as Deputy Chairman of the Management Board in 1994. He became Chairman of the Management Board in 1996. Since 1998, he has held the position of CEO of TBC Bank and has headed a number of TBC's committees.

    Mr Butskhrikidze was appointed as a CEO of the Company in May 2016. He also served as a member of the Supervisory Board from September 2016 till April 2018. He is also a member of the supervisory board of the Association of Banks of Georgia and is chairman of the financial committee of the Business Association of Georgia. In 2016, Mr Butskhrikidze joined the Visa Central & Eastern Europe, Middle East and Africa (CEMEA) Business Council.

    Mr Butskhrikidze has been honoured with several prestigious awards, including "Best Businessman of the Year" award by Georgian Times Magazine and in 2001, "Best Banker 2011" by GUAM – Organization for Democracy and Economic Development award, 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.

    Mr Butskhrikidze obtained an MBA from the European School of Management in Tbilisi in 2001. He graduated from Tbilisi State University in 1992 with a degree in Economics and holds postgraduate qualifications from the Institute of Economics, Academy of Sciences of Georgia.
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  • Giorgi Megrelishvili

    Deputy CEO, Chief Financial Officer

    Giorgi Megrelishvili joined TBC Bank as a Deputy CFO starting from March 2020.

    Mr Megrelishvili was appointed as a Deputy CEO and CFO of the Company and became member of JSC TBC Bank's management board in October 2020.

    Before joining TBC Bank, Giorgi was Director, Head of Capital Risk and Stress Testing at Natwest Markets N.V. in Amsterdam, Netherlands. Prior to that, Mr Megrelishvili held various senior positions at Barclays Bank in London between 2008 and 2019. From 2008 to 2010, he was part of MBA Global Leaders Programme with rotations as a Head of Strategic Planning for Barclaycard UK and as an Associate Director for Barclays Corporate International Credit Risk, Business Support & Recoveries. From 2010 to 2014 he worked at Barclays Treasury as a Vice President of Capital Management and Later as a Director, Head of Internal Large Exposure. From 2014 to 2016 he served as a Director, Head of Central Planning at Barclays Finance. From 2016 to 2019 Mr Megrelishvili was Barclays Bank PLC Solo Capital and Leverage Management Lead at Barclays International Treasury.

    In his earlier career, starting from 1998 to 2007, Mr Megrelishvli held various senior managerial positions including CFO of several Georgian organisations.

    Mr Megrelishvili obtained an MBA from the University of Cambridge Judge Business School in 2008 and graduated with honours. He completed the undergraduate degree at European School of Management, ESM-Tbilisi with a degree in Business Administrations.
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  • Tornike Gogichaishvili

    Deputy CEO, Retail Banking

    Tornike joined TBC Bank in 2018 as Chief Operating Officer and deputy CEO following 20 years of financial services and operations management experience. In 2020, Tornike has been appointed to lead retail banking business of the Bank. Following the structural changes in the management board, starting from January 2021, in addition to his current responsibilities, Tornike assumed the duties of the lead of MSME banking.

    Prior to joining TBC, he has served as a Deputy CEO, Chief Operation Officer at Bank of Georgia since 2016. Between 2010 and 2016 Tornike served as director of operations' department at Bank of Georgia. He also served as head of international banking at Bank of Georgia Group. Between 2008-2010 Tornike held the position of CFO at BG Bank Ukraine (the subsidiary of Bank of Georgia).

    Between 2006 and 2008 he held the position of CEO at Insurance Company Aldagi. He also served as chief financial officer of UEDC PA consulting and held various managerial positions at BCI Insurance Company from 1998 to 2004.

    Tornike graduated from the Faculty of Law at Tbilisi State University and holds an MBA from 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

    George joined TBC Bank in 2014 as Deputy CEO in charge of Risk Management. Following acquisition of Bank Republic and creation of Corporate and Investment Banking (CIB) unit at the Bank in November 2016, George overtook the responsibility for the CIB. Starting from January 2021, George assumed responsibility for Wealth Management business and TBC Leasing. George has more than 15 years of experience in financial services.

    Prior to joining TBC Bank, George worked for Barclays Investment Bank, where he held the position of vice president in the Financial Institutions Group (FIG), EMEA since June 2011. From September 2009 he was an associate director in Barclays debt finance and restructuring teams. During his career with 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 held various managerial positions at ALDAGI insurance company during 2000- 2007, where he also served as chief executive officer. George graduated from the London Business School with an MBA degree (2009). He also holds Master of Laws degree (LL.M) in International Commercial Law from the University of Nottingham (2002) and graduate diploma in Law from Tbilisi State University (2000).
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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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  • Nikoloz Kurdiani

    Deputy CEO, Brand Experience, Marketing and Payments

    Nikoloz has more than fifteen years of experience in the banking industry which includes five years at UniCredit Group in Austria, Turkey and Kazakhstan. Prior to joining TBC Bank in 2014, Nikoloz was managing director at Kaspi Bank, a leading retail bank in Kazakhstan.

    Nikoloz was appointed as a Deputy CEO of TBC Bank in 2014, later in 2015 he became a lead of MSME banking and in 2016 his duties were complemented with marketing and payments business. Starting from January 2021, Nikoloz has been appointed as the chairman of TBC UZ and assumed responsibility for international expansion as well.

    Prior to obtaining his MBA degree in 2007, he served as head of the retail banking division of Bank Republic Georgia, Société Générale Group, and also held several positions at Bank of Georgia between 2003 and 2006. He has expertise in post-acquisition integration and restructuring, as well as retail and SME banking.

    Between 2008 and 2010, Nikoloz 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.

    Nikoloz obtained his MBA degree from IE Business School in 2007. He also holds an MSc degree in International Economics from the Georgian Technical University and completed BBA studies at Ruhr University Bochum in Germany and the Caucasus School of Business.
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