TBC Bank Group PLC (“TBC PLC”) together with its subsidiary JSC TBC Bank (“TBC Bank”) announces that Vano Baliashvili, Deputy CEO, Chief Operating Officer is stepping down from the management board of TBC Bank to pursue his career in other sectors. Mr. Baliashvili joined TBC Bank in 1999 serving various positions and was appointed as Chief Operating Officer in 2010.
TBC Bank also announces the appointment of Tornike Gogichaishvili as Deputy CEO, Chief Operating Officer. Tornike brings 20 years of financial services and operations management experience. Prior to joining TBC Bank, he served as Deputy CEO, Chief Operating Officer at Bank of Georgia since 2010 and also held various managerial positions at Bank of Georgia Group in 2008 and 2009. A graduate of the Faculty of Law at Tbilisi State University, Tornike also holds an MBA from Caucasus School of Business and an executive diploma from Said Business School, Oxford.