Bank of Georgia Group PLC Directorate Change (2888A)
September 28 2020 - 03:40AM
UK Regulatory
TIDMBGEO
RNS Number : 2888A
Bank of Georgia Group PLC
28 September 2020
London, 28 September 2020
Bank of Georgia Group PLC announces Board Committee Change
Bank of Georgia Group PLC announces that independent
non-executive director Hanna Loikkanen has taken over from Al
Breach as Chair of the Remuneration Committee of the Board of
Directors, effective from 26 September 2020. Mr Breach will remain
a member of the Remuneration Committee. The membership of the
Remuneration Committee is otherwise unchanged.
This announcement has been made in accordance with the
requirements of Listing Rule 9.6.11.
Name of authorised official of issuer responsible for making
notification: Link Company Matters Limited, Company Secretary
About Bank of Georgia Group PLC
Bank of Georgia Group PLC ("Bank of Georgia Group" or the
"Group" - LSE: BGEO LN) is a UK incorporated holding company, which
comprises: a) retail banking and payment services; and b) corporate
and investment banking and wealth management operations in Georgia;
and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia
("Bank of Georgia", "BOG" or the "Bank"), the leading universal
bank in Georgia, is the core entity of the Group. In the medium to
long-term, the Group targets to benefit from superior growth of the
Georgian economy through both its retail banking and corporate and
investment banking services and aims to deliver on its strategy,
which is based on at least 20% ROAE and c.15% growth of its loan
book .
JSC Bank of Georgia has, as of
the date hereof, the following
credit ratings:
Fitch Ratings 'BB-/B'
Moody's 'Ba3/NP' (FC)
& 'Ba2/NP' (LC)
For further information, please visit www.bankofgeorgiagroup.com
or contact:
Archil Gachechiladze Michael Oliver Sulkhan Gvalia Natia Kalandarishvili
CEO Adviser to the CFO Head of Investor
CEO Relations
+995 322 444 444
+995 322 444 144 +44 203 178 4034 +995 322 444 108 (9282)
agachechiladze@bog.ge moliver@bgeo.com sgvalia@bog.ge ir@bog.ge
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