People

Georgia Capital

Irakli Gilauri

Chairman & CEO

Irakli Gilauri formerly served as the CEO of BGEO Group from 2011 to May 2018. He joined as CFO of Bank of Georgia in 2004 and was appointed as Chairman of the Bank in September 2015, having previously served as CEO of the Bank since May 2006. Prior, he was an EBRD (European Bank for Reconstruction and Development) banker. Mr Gilauri has up to 20 years of experience in banking, investment and finance. 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.

Avto Namicheishvili

Deputy CEO

In addition to his deputy CEO role at JSC Georgia Capital, Avto also serves as a chairman of the Group’s water utility, renewable energy, beverages, housing development and hospitality & commercial real estate businesses. Formerly he was BGEO Group General Counsel. He was General Counsel of the Bank of Georgia from 2007 to 2018 and has 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, he was a Partner at a leading Georgian law firm. Holds LLM in an international business law from Central European University, Hungary.

Nikoloz Gamkrelidze

Deputy CEO

In addition to his deputy CEO role at JSC Georgia Capital, Nick also serves as CEO of GHG, the holding company of the Group’s healthcare services, retail (pharmacy) and medical insurance businesses. Previously served as deputy CEO (Finance) of BGEO Group PLC. Our healthcare business story starts with Mr Gamkrelidze, who started it in 2006, and has successfully led it through outstanding growth. Nick also served as CEO of Insurance Company Aldagi, CEO of My Family Clinic and Head of the Personal Risks Insurance Department at BCI Insurance Company. He was a consultant at the Primary Healthcare Development Project (a World Bank Project) and worked on the development of pharmaceutical policy and regulation in Georgia. Holds an MA in International Healthcare Management from the Imperial College Business School.

Giorgi Alpaidze

Chief Financial Officer

Formerly BGEO Group CFO. Joined BGEO as Head of Group’s Finance, Funding and Investor Relations in 2016. He has extensive international experience in banking, accounting and finance. Previously, he was a senior manager in Ernst & Young LLP’s Greater New York City’s assurance practice. Holds a BBA from the European School of Management in Georgia. US Certified Public Accountant.

Ia Gabunia

Chief Strategy Officer

Formerly Investment Director at Georgia Capital. Joined BGEO as an Investment Director in 2017. Ia has over ten years of experience in banking and investment management. Prior to joining BGEO Ia served as Head of Corporate Banking at Bank Republic, Société Générale Group. Previously, she held numerous executive positions in leading Georgian companies, among which are an Investment Executive at Liberty Capital (the holding company of Liberty Bank) and Head of Investor Relations at Galt & Taggart Asset Management. Ia holds a BSc degree from London School of Economics and Political Science, UK.

Giorgi Ketiladze

Director, Investments

Formerly Investment Officer at BGEO Group. Joined BGEO in 2017. Previously, worked at Deutsche Bank in Corporate Finance department and at KPMG consulting in Germany. Giorgi holds a master’s degree from London Business School.

Nino Vakhvakhishvili

Chief Economist

Joined Georgia Capital in 2018. Nino is an IMF’s Short-term Expert and visiting lecturer at the University of Georgia. Before joining the company, she spent over five years at the National Bank of Georgia. Holds a master’s degree in economics from ISET.

Giorgi Akishbaia

Head of Internal Audit

Joined Georgia Capital in 2018. He has an extensive international experience in audit, accounting and finance. Prior to joining Georgia Capital he was a senior manager in Ernst & Young LLP's San Francisco Bay Area assurance practice. Holds an undergraduate degree from Caucasus School of Business in Georgia. U.S. Certified Public Accountant and member of the Association of Chartered Certified Accountants.

Levan Dadiani

General Counsel

Formerly Senior Group Lawyer at BGEO Group. Joined BGEO in 2012. Levan has an extensive experience in commercial law, equity investments, corporate and project financing and energy projects. Previously, he was a Partner at a leading Georgian law firm. Holds an LLM degree in International Business Law from University of Texas at Austin, USA.

Zura Nemsadze

Head of Finance

Formerly served as a Head of Reporting, Budgeting and Analysis in BGEO Group. Joined BGEO in 2009 and since then held various managerial positions within the Group subsidiaries. Holds BBA degree from European School of Management (ESM) in Georgia.

Gigi Getia

Senior Vice President, Investments

Formerly investment officer at BGEO Group. Joined BGEO in 2017. Previously worked as an analyst in CAS and Trim2, financial advisory firms based in London and Florence, respectively. Gigi holds MSc in Finance from the University of Buckingham and is a CFA charterholder.

Portfolio companies

Nikoloz Gamkrelidze

CEO at Healthcare Services, Retail (Pharmacy) and Medical Insurance businesses

In addition to his deputy CEO role at JSC Georgia Capital, Nick also serves as CEO of GHG, the holding company of the Group’s healthcare services, retail (pharmacy) and medical insurance businesses. Previously served as deputy CEO (Finance) of BGEO Group PLC. Our healthcare business story starts with Mr Gamkrelidze, who started it in 2006, and has successfully led it through outstanding growth. Nick also served as CEO of Insurance Company Aldagi, CEO of My Family Clinic and Head of the Personal Risks Insurance Department at BCI Insurance Company. He was a consultant at the Primary Healthcare Development Project (a World Bank Project) and worked on the development of pharmaceutical policy and regulation in Georgia. Holds an MA in International Healthcare Management from the Imperial College Business School.

Irakli Gogia

CFO at Healthcare Services, Retail (Pharmacy) and Medical Insurance businesses

Formerly deputy chairman of the supervisory board of EVEX Medical Corporation and Insurance Company Imedi L. Ten years of experience in the financial industry. Served as CFO of Insurance Company Aldagi and Liberty Consumer, prior to which he was a senior auditor at Ernst & Young and Deloitte. Holds a Bachelor of Business Administration degree from the European School of Management in Tbilisi.

Giorgi Vakhtangishvili

CEO at Water Utility and Renewable Energy businesses

Formerly CFO at GGU (the holding company of the Group’s water utility and renewable energy businesses). Previously held different managerial positions at BGEO Group’s companies; before joining GGU, Giorgi served as CEO of m2 Real Estate. Holds a BBA degree from European School of Management (ESM).

Giorgi Gureshidze

CFO at Water Utility and Renewable Energy businesses

Formerly head of Business Development department at GGU (the holding company of the Group’s water utility and renewable energy businesses). Giorgi joined GGU in March 2017 as an investment analyst. Before joining GGU, Giorgi worked at the Investor Relations department of TBC Bank. Holds a Bachelor degree in Economics from Yale University.

Giorgi Baratashvili

CEO at P&C Insurance business

Joined as the Head of Corporate Clients Division of Aldagi, the holding company of the Group’s P&C insurance business, in 2004. Before taking the leadership of our P&C insurance business in 2014, he served as Deputy CEO of Aldagi in charge of strategic management for corporate sales and corporate account management. Holds a Masters Diploma in International Law.

Lasha Khakhutaishvili

CFO at P&C Insurance business

Joined Aldagi in 2008 as a Financial Reporting Officer. Prior to becoming CFO in 2014, his career developed through the positions of the Head of Budgeting and Financial Controlling Division and the Financial Manager covering Budgeting and Financial Controlling field and supervising Financial accounting Division and Settlement Unit. Mr. Khakhutaishvili graduated Caucasus School of Business in 2009 with the bachelor degree in Finance and Accounting and in 2013 obtained diploma of Advanced Management Program for Senior Executives from Free University of Tbilisi.