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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

TBC Bank taps George Tkhelidze to lead Georgian unit

Mon 09 Feb 2026 07:56

(Sharecast News) - TBC Bank revealed on Monday that it had made changes to the executive management team of its Georgian banking subsidiary, JSC TBC Bank. TBC said responsibility for its Georgian operations will now be assumed by George Tkhelidze, in order to enable the group chief executive, Vakhtang Butskhrikidze, to focus on the bank's strategic priorities in Georgia, Uzbekistan and internationally.

Tkhelidze will take over as CEO of JSC TBC Bank with effect from 1 March, or such later date as may be required for the completion of relevant regulatory approvals.

TBC said Tkhelidze has "significant international banking experience and a strong track record in the group", having joined the bank in 2014 as deputy CEO and chief risk officer. Since November 2016, Tkhelidze has been head of the TBC's CIB and wealth management businesses.

Tornike Gogichaishvili, deputy CEO and head of MSME and affluent banking, will leave TBC on 1 March.

Reporting by Iain Gilbert at Sharecast.com

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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