People

Georgia Capital

Irakli Gilauri

Chairman & CEO

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.

Avto Namicheishvili

Deputy CEO

Staring from 28 January 2019, Avto assumes the role of interim CEO of the Group's Water Utility and Renewable Energy businesses, in addition to his deputy CEO role at Georgia Capital. 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.

Ekaterina Shavgulidze

Chief Investment Officer

Formerly served as Head of Funding and Investor Relations in BGEO Group. Joined BGEO as a CEO of healthcare services business in 2011. Most recently Eka played a key role in the GHG IPO as a Group Head of IR. Prior, she was an Associate Finance Director at AstraZeneca, UK. Holds an MBA from Wharton Business School.

Giorgi Alpaidze

CFO

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. BBA from the European School of Management in Georgia. U.S. Certified Public Accountant.

Eka Duchidze

Executive director

Formerly served as corporate secretary and investor relations coordinator in BGEO Group. Joined Bank of Georgia as Corporate Secretary in 2005. During the past years she has carried out number of crucial roles, including Executive Assistant to CEO and Head of Internal Branding. Recently, oversaw the development of SOLO Banking and SOLO Lifestyle. Prior, served eight years at the World Bank Group of which two years were at the World Bank HQ in Washington DC as a Programme Assistant at OPIC Department.

Ia Gabunia

Investment Director

Formerly Investment Director at BGEO Group. Joined BGEO in 2017. Ia has over 10 years of experience in banking and investment management. Prior to joining BGEO Ia served as Head of Corporate Banking at Bank Republic, Societe Generale Group. Previously she held numerous executive positions in the leading Georgian companies, among which are an Investment Executive at Liberty Capital (the holding company of Liberty Bank) and a Head of Investor Relations at Galt & Taggart Asset Management. Ia holds a BSc degree from London School of Economics and Political Science, UK.

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

Senior Group Lawyer

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, energy projects, etc.  Previously, he was a Partner at a leading Georgian law firm. Holds an LL.M. 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.

Giorgi Ketiladze

Vice President

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 master's degree from London Business School.

Shalva Daushvili

Director

Joined Georgia Capital in 2018. Previously, served in a credit risk management department at Bank of Georgia for 5 years, where he was overseeing the accounts of largest corporate clients of the bank. Holds BBA degree from Georgia State University & Caucasus University and MBA from Stanford Graduate School of Business. CFA and FRM charterholder.

Nino Rekhviashvili

Head of Investor Relations & Funding

Formerly IFRS Advisory Manager at BGEO Group. Joined BGEO in 2016. Previously she was a senior auditor at EY Georgia. Holds an undergraduate degree from Caucasus School of Business in Georgia. ACCA member.

Gigi Getia

Vice President

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.

Nino Vakhvakhishvili

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.   

Utility & Renewable energy business, managed by GGU

Avto Namicheishvili

Interim CEO

Staring from 28 January 2019, Avto assumes the role of interim CEO of the Group's Water Utility and Renewable Energy businesses, in addition to his deputy CEO role at Georgia Capital. 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.

Giorgi Vakhtangishvili

CFO

Joined GGU in April 2015. Previously held different managerial positions at BGEO Group’s companies; before joining GGU, Giorgi served as CEO of m2 Real Estate, the leading real estate development company in Georgia. Holds BBA degree from European School of Management (ESM)

Irakli Babukhadia

Head of water

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.

Zurab Gordeziani

Head of Energy

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.

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

Tina Simonishvili

Head of Investor Relations and Funding

Joined GGU in February 2016. Previously worked for BGEO Group companies for more than 6 years, namely as an associate in department of DCM at Galt & Taggart – leading investment bank in Georgia and as a principal corporate banker at Bank of Georgia. Holds BBA degree from Caucasus School of Business and MSc in International Management from King’s College London

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.

Ekaterine Beridze

Director of Communications

Joined GGU in 2013. Previously was actively involved in Georgian TV media industry. She served as a talk show host, news reporter and a TV show producer at prominent Georgian broadcasting companies. Ekaterine holds BBA degree in Philology from Tbilisi State University and MBA degree from Free University of Tbilisi.

P&C insurance business, managed by Aldagi

Giorgi Baratashvili

CEO

Joined as the Head of Corporate Clients Division of Aldagi 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 the Master Diploma in International Law.

Lasha Khakhutaishvili

CFO

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.

Aleksandre Gamkrelidze

COO

Joined Aldagi in 2018 as a Chief Operating Officer. Previously served as a head of the legal department and afterwards as a deputy COO at Bank of Georgia. Previously, Aleksandre worked for Aldagi and held various leading positions at legal, underwriting and claims divisions. Holds BBA degree in Law from Tbilisi State University and MBA degree from Grenoble Ecole de Management (France).

Shota Chachkhunashvili

Director of Strategic Development Department

Mr. Chachkhunashvili joined Aldagi as director of strategic development department. He has more than 12 years of work experience in public sector in strategic management. Mr. Chachkhunashvili received Bachelor’s Degree in Physics and Informatics from Tbilisi State University,  and Master’s degree in Business Administration from the European School of Management in Georgia. In 2010 he studied at Project Management Academy of a Business School at George Washington University and majored in Project Management.

Guram Mirzashvili

Director of Underwriting, Reinsurance and Actuarial Research

Mr. Mirzashvili graduated Moscow State University faculty of Mathematics and Mechanics with first- class honours degree in 1973. He has a PHD in mathematics. Guram is the founder and the first president of the Association of Actuaries and Financial Analysts in Georgia. Mr. Mirzashvili has 18 years of working experience in Insurance Industry. Joined Aldagi in 1999, as Life Insurance Manager. In May 2001, Guram was appointed as Director of Underwriting and Reinsurance Department. During 2007-2014, he held the position of Chief Actuary / Director of Department of Actuarial Research and Controlling. Director of Underwriting, Reinsurance and Actuarial Research since August, 2014.

Tamar Chkadua

Director of Retail Sales Department

Ms. Chkadua has 10 years of work experience in the insurance field. In 2006 she started working in the insurance company Aldagi at Legal Division as Intern.  In 2006-2008 her career developed through the positions of Assistant, Junior Account Manager, Account Manager, Senior Account Manager and head of Sector at Corporate Sales Department. Since 2009 Ms. Chkadua was Head of NGO and SME Corporate Insurance Division. RSD director since August, 2014. Ms. Chkadua graduated from Tbilisi State University in 2006 and holds Master degree in law. 

Vakhtang Ebitashvili

Director of Property Claims Management and Subrogation Department

Mr. Ebitashvili 10 year’s employment history in Insurance industry started in 2006 with joining JSC Insurance Company Aldagi as a Property Claims Manager; in 2007 he was promoted on the position of the Head of Property Claims Management and Subrogation Division. Director of Property Claims Management and Subrogation Department since August, 2014. Mr. Ebitashvili holds the degree from Georgian State Security Academy, specializing in Law. In 2013 he graduated Advanced Management Program for Senior Executives from Free University of Tbilisi.

David Ejibia

Director of Corporate Sales Department

Mr. Ejibia has 15 years working experience in the Insurance industry. In 2001 he started his career at Insurance Company Aldagi as a Client Relations Manager; in 2003-2007 his career developed through the positions of Sales manager and Senior Corporate Account Manager at Corporate Sales Department.  CSD director since August, 2014. Mr. Ejibia graduated Tbilisi State University in 1997. Mr. Ejibia holds Bachelor degree in Production Economics and Management. Also, he obtained Bachelor degree in Marketing and Management from Moscow State University.

Teona Kvitsiani

Director of Legal Department

Mrs. Kvitsiani has 11 years of work experience as a lawyer in various fields, including 7 years of work experience in the insurance field. In 2009  she joined to Aldagi team as a lawyer. In August 2014 she was appointed on the position of the head of Legal Division. In 2015 Mrs. Kvitsiani became a Director of Legal Department of Insurance company Aldagi, which consists of legal, AML and InfoSec divisions. Mrs. Kvitsiani received Magister degree in Law from Tbilisi State University in 2004.

Housing development, hospitality & commercial real estate business, managed by m2 real estate

Irakli Burdiladze

CEO

With JSC m² Real Estate since 2011, having previously served as Deputy CEO, COO and CFO of JSC Bank of Georgia from 2006. Immediately prior to joining Bank of Georgia Irakli was the CFO of GMT Group. Received a graduate degree in International Economics and International Relations from the Johns Hopkins University School of Advanced International Studies in Washington D.C.

Shota Berekashvili

Head of Construction Management

Joined JSC m² Real Estate in 2017. Before joining m² from 2009 to 2017 Shota was the founder and the CEO of “BK Capital” construction company. From 2003 to 2009 worked in Moscow as CFO of “BK Capital”. From 1999 to 2003 worked in investment banking sector in NY and London. In 1999 Shota graduated from Columbia University NY with Bachelor’s degree in Science and in 2002 Shota graduated from Cass Business School London with Master’s Degree in Corporate Finance and Risk Management.

Giorgi Natroshvili

CFO

With the JSC m² Real Estate since 2017. Joined as Deputy CEO in charge of Finance and Operations. Before joining m² he was the head of financial planning, reporting and business control section at one of the leading telecommunications company of Georgia – Geocell. Holds an undergraduate degree in business administration from Free University of Tbilisi before earning CFA charter in 2016.

Shorena Darchiashvili

Head of Sales and Marketing

Joined the JSC m² Real Estate in 2013.  From 2010 to 2013, she served as the Head of Internal Brand Management Unit of JSC Bank of Georgia. She had worked in S&M departments at various real estate developers. Received her graduate degree in marketing and international business at the BA Mosbach, Germany and the Bachelor’s degree at European School of Management.

Beverages business, managed by Teliani

Giorgi tskhadadze

Wine Business CEO

CEO of wine business since November 2018. He was previously Head of Water Utility within GGU, having joined the group in December 2014. Prior to that, he held executive positions at several leading local companies, including as CFO at IDS Borjomi and Poti Sea Port. Prior to joining GGU, Giorgi was acting as a partner at Proxima Prime Partners. Holds BSc degree in Economics and Engineering from Tbilisi State University.

Tornike Nikolaishvili

Beer Business CEO

CEO of beer business since September 2018, having previously been Chief Marketing Officer at Bank of Georgia from March 2018. Previously he was a Commercial Director at EFES Georgia – Natakhtari Brewery and for 11 years was playing the key role in company`s success, attaining and maintaining leader`s position on the market. Before joining EFES, he was an Advertising Manager of Cartu-Universal. Overall he has 15 years` experience in FMCG sector. Holds BBA degree of European School of Management (ESM).

Giorgi Kasradze

Wine Business CFO

With Wine Business since 2017. Prior to joining Wine Business Giorgi held CFO position in Khareba Group. Holds MBA from Central European University Business School

Temur Jankarashvili

Beer Business CFO

Joined beer business in September 2018. Formerly CFO at Rustavi Azot JSC. He has an extensive experience in finance. Previously, worked for BGEO Group for 11 years, served as a VIP Director at Bank of Georgia, successfully leading the commercial lending team, covering structured financing, M&As, LBOs and project financing. Holds BBA degree in Banking and Finance from Tbilisi State University.

Shota Milorava

Head of Sales & Distribution

In Wine Business since 2005. More than ten years of extensive work experience in sales and distribution. Joined as Sales Manager at Teliani and later laid the foundation for Teliani distribution efforts and developed it into a leading beverage distribution business in Georgia. Prior, he worked as a Brand Manager at Borjomi (renowned Georgian mineral water), where he started his career as an Assistant Distributor. Holds a Master s Diploma in Philosophy.