REG - Bank of Georgia Grp - Changes in Ameriabank’s Supervisory Board

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11/12/2024 14:00

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RNS Number : 7206P  Bank of Georgia Group PLC  11 December 2024

 

London, 11 December 2024

 

 

 

Changes in Ameriabank's Supervisory Board

 

Bank of Georgia Group PLC (the "Company" or the "Group") announces that the
Central Bank of Armenia ("CBA") has approved changes in the composition of a
supervisory body, Board of Directors, of CJSC Ameriabank ("Ameriabank"), the
Company's banking subsidiary in Armenia. The Group's Executive Director Archil
Gachechiladze and Non-executive Director Tamaz Georgadze as well as Group CFO
Sulkhan Gvalia have been appointed to the Board of Directors of Ameriabank. Mr
Georgadze and Mr Gvalia will also serve on the Risk and Audit Committees,
while Mr Gachechiladze will serve on the Corporate Governance and Nomination
Committee and the Remuneration Committee. Ameriabank's Board of Directors
consists of 7 members, including Mr. Andrew Mkrtchyan, Mr. Robert von
Rekowsky, Mr. Richard Ogdon and Mr. Tigran Davtyan.

 

 

 

Name of authorised official of issuer responsible for making notification:
Nini Arshakuni, Head of Investor Relations

 

 

About Bank of Georgia Group PLC

Bank of Georgia Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.

 

Legal Entity Identifier: 213800XKDG12NQG8VC53

 

 

For further information, please visit www.bankofgeorgiagroup.com
(http://www.bankofgeorgiagroup.com) or contact:

 

 Michael Oliver                              Nini Arshakuni
 Adviser to the CEO                          Head of Investor Relations
 +44 203 178 4034                            +44 203 178 4034
 moliver@bgeo.com (mailto:moliver@bgeo.com)  ir@bgeo.com

 

 

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buy any securities

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