Tbilisi (GBC) – TBC Group is entering a new stage of strategic development, focused on expansion into international markets and a reorganization of its management team. Following the company’s decision, significant personnel changes have been announced, which will take effect on March 1, 2026.

Key Management Changes:

Vakhtang Butskhrikidze:

Remains as General Director of TBC Group, with his primary focus on the strategic development of the group in Georgia, Uzbekistan, and other international markets.

Giorgi Tkhelidze:

Will assume the position of General Director of TBC Bank Georgia, pending regulatory approval. Tkhelidze brings over 25 years of experience in the financial sector. He joined TBC in 2014 as Risk Director and has led the Corporate, Investment, and Wealth Management division since 2016.

Tornike Gogichaishvili:

Tornike Gogichaishvili, TBC Bank’s Director of Micro, Small, and Medium Enterprises (MSME) and High-Income Services, has resigned after an 8-year successful tenure and will continue his professional activities outside TBC.

Giorgi Tkhelidze’s Background and Education:

Tkhelidze has extensive experience in the international financial sector:

  • Barclays Investment Bank (UK): Vice President in the Financial Institutions Group for the EMEA region;
  • Local Market: Former General Director of the insurance company Aldag;
  • Education: Holds a Stanford Executive Program (SEP) Certificate, an MBA from London Business School, an LLM from the University of Nottingham, and a Bachelor’s degree in Law from Tbilisi State University.

“TBC Group’s goal is to provide the best experience to its customers, both in Georgia and internationally. These structural changes are designed to support the effective implementation of these ambitious objectives,” the bank said in a statement.