SUPERVISORY BOARD

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Irakli Gilauri

Chairman of the board

Formerly CEO of BGEO Group since 2011, joined as CFO of Bank of Georgia in 2004. Mr Gilauri was appointed Chairman of the Bank in September 2015, having previously served as CEO of the Bank since May 2006. Up to 20 years of experience in the banking, investment and finance. Prior, he was EBRD (European Bank for Reconstruction and Development) banker. Over the last decade, Irakli’s leadership has been instrumental in creating major players in a number of Georgian industries, including banking, healthcare, utilities and energy, real estate, insurance and wine. Holds an MS in banking from CASS Business School.

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Avtandil Namicheishvili

Deputy Chairman of the board

In addition to his deputy CEO role at Georgia Capital, Avto also serves as a chairman of the Group’s water utility, renewable energy and beverages businesses. Formerly he was BGEO Group General Counsel. Joined as a General Counsel at the Bank of Georgia in 2007, and has since played a key role in all of the Group’s equity and debt raises on the capital markets, and over 25 mergers and acquisitions. Prior, was a Partner at a leading Georgian law firm. Holds LL.M. in international business law from Central European University, Hungary.

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Giorgi Vakhtangishvili

Board Member

Giorgi Vakhtangishvili formerly CFO at GGU. Previously, he held different managerial positions at BGEO Group’s companies; before joining GGU, Giorgi served as the CEO of m2 Real Estate, leading real estate development company in Georgia. Mr. Vakhtangishvili held important managerial positions at renowned local and international organizations such as: Liberty Consumer, BG Bank Ukraine, and EY (Russia, Ukraine and Netherlands).
He holds BBA degree from European School of Management (ESM).

 

MANAGEMENT BOARD

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Giorgi Vakhtangishvili

CEO

Giorgi Vakhtangishvili formerly CFO at GGU. Previously, he held different managerial positions at BGEO Group’s companies; before joining GGU, Giorgi served as the CEO of m2 Real Estate, leading real estate development company in Georgia. Mr. Vakhtangishvili held important managerial positions at renowned local and international organizations such as: Liberty Consumer, BG Bank Ukraine, and EY (Russia, Ukraine and Netherlands).
He holds BBA degree from European School of Management (ESM).

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Giorgi Gureshidze

CFO

Giorgi Gureshidze has served as a member of the executive management team since 2020. Mr. Gureshidze joined GGU in March 2017 as an investment analyst. In March 2019, he became head of the Business Development department. Before joining GGU, Giorgi worked at the Investor Relations department of JSC TBC Bank, one of the leading banks in Georgia. He holds a Bachelor degree in Economics from Yale University.

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Irakli Babukhadia

Head of water business

Joined GGU in 2015 as chief commercial officer. He has an extensive experience in financial and commercial business consulting. Previously held numerous executive positions in Georgian and international companies such as Tetra Tech, PA Consulting, Energo-Pro Georgia. Holds a BBA degree in International Business Law from Tbilisi State University.

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Zurab Gordeziani

Head of renewable energy business

Joined GGU in January 2015. Joined BGEO Group in 2013 to develop hydro projects. Before that, he was involved in the energy sector of Georgia for 14 years and was part of the team that developed current legislative framework for the energy sector in Georgia. He also served on executive positions in JSC Energo-Pro Georgia, Georgian Electrosystem and Ministry of Energy. Holds degrees in Law and Economics from Tbilisi State University.

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Luka Chachibaia

Chief Technical Officer

Joined GGU in 2017. Previously served as a Vice President of Operations in Tethys Petroleum for 9 years. Prior to that, Luka has carried out number of crucial roles within Schlumberger, including Operations Manager for Northern Europe and Business Manager in North Africa. Holds a Bachelor of Science degree in Engineering from Tbilisi State University and MBA degree from Hult International Business School.

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Jaba Mamulashvili

Chief Legal Officer

Joined GGU in February 2016. Before joining GGU he held a position of a partner at Begiashvili & Co. Limited, one of the leading Georgian law firms. Jaba specializes in commercial law and has a notable experience in equity investments, corporate and project financing, etc. Holds a master’s degree in International Business Law from University of Manchester.