REG - TBC Bank Group PLC - TBC Announces Board Committee Changes

TBC BankAnnouncement

12/02/2025 09:00

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RNS Number : 7387W  TBC Bank Group PLC  12 February 2025

TBC Bank Group PLC Announces Board Committee Changes

 

TBC Bank Group PLC ("TBC PLC") announces that, it has appointed Rajeev
Sawhney, an Independent Non-Executive Director of TBC PLC, as a member of the
Human Resources and Remuneration Committee, with immediate effect. Per Anders
Fasth, an Independent Non-Executive Director of TBC PLC, has been appointed as
a member of the Corporate Governance and Nomination Committee, with immediate
effect. Nino Suknidze, an Independent Non-Executive Director of TBC PLC, has
been appointed as a member of the ESG and Ethics Committee, with immediate
effect.

Rajeev Sawhney has stepped down from his role as member of the Corporate
Governance and Nomination Committee, with immediate effect. Per Anders Fasth
has stepped down from his role as member of the Human Resources and
Remuneration Committee, with immediate effect.

In line with TBC PLC's "Mirror Boards" policy, identical changes have been
made to the composition of the respective committees of the Supervisory Board
of JSC TBC Bank, with immediate effect.

 

For further enquiries, please contact:

Director of Investor Relations

Andrew Keeley

Or

Head of Investor Relations

Anna Romelashvili
ir@tbcbank.com.ge (mailto:ir@tbcbank.com.ge)

About TBC Bank Group PLC ("TBC PLC")

TBC Bank Group's mission is to make people's lives easier by providing
digitally-led financial services to retail and corporate customers. TBC Bank
Group PLC ("TBC PLC") is a public limited company registered in England and
Wales and is the parent company of TBC Bank Georgia and TBC Uzbekistan.

TBC Bank Georgia, together with its subsidiaries, is the leading financial
services group in Georgia, with a total market share of 38.5% of customer
loans and 38.1% of customer deposits as of 31 December 2024, according to data
published by the National Bank of Georgia.

TBC Uzbekistan is the leading digital banking ecosystem in Central Asia with
18 mln unique registered users that includes TBC Bank Uzbekistan, the
country's largest mobile-only bank, Payme, a leading digital payments app for
individuals and small businesses, and Payme Nasiya, an instalment credit
business.

TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a
constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index
Series and the MSCI United Kingdom Small Cap Index.

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