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BGEO Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

3,624.00GBp
20 Apr 2018
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Summary

Name Age Since Current Position

Neil Janin

63 2011 Non-Executive Chairman of the Board

Irakli Gilauri

41 2011 Chief Executive Officer, Executive Director

Giorgi Alpaidze

2017 Group Chief Financial Officer

Avto Namicheishvili

2015 Group General Counsel

Ekaterina Shavgulidze

2017 Group Head of Investments and Business Development

Rebecca Wooldridge

2017 Group Company Secretary

Kim Bradley

2013 Non-Executive Independent Director

Alasdair Breach

48 2011 Non-Executive Independent Director

Tamaz Georgadze

2013 Non-Executive Independent Director

Hanna-Leena Loikkanen

49 2015 Non-Executive Independent Director

David Morrison

65 2011 Senior Non-Executive Independent Director

Jonathan Muir

2017 Non-Executive Independent Director

Natia Kalandarishvili

2018 IR Contact Officer

Biographies

Name Description

Neil Janin

Mr. Neil Janin serves as Non-Executive Independent Director of the Company. He was appointed Non-Executive Chairman on 24 October 2011 and has been re-elected by shareholders at each AGM since. Mr Janin serves as Chairman of BGEO’s Nomination Committee and as a member of BGEO’s Remuneration Committee. Mr Janin also serves as a member of the Supervisory Board of the Bank, having stepped down as Chairman in July 2015, a position he had held since 2010. Mr Janin continues to serve as a member of the Bank’s Remuneration Committee, a position he has held since 2010. Mr Janin also serves as a Non-Executive Director of Georgia Healthcare Group PLC and is a member of the Supervisory Board of JSC Georgia Healthcare Group. Ahead of the proposed demerger, Mr Janin has also been appointed as Chairman of Bank of Georgia Group plc. Mr Janin serves as counsel to CEOs of both for-profit and non-profit organisations and continues to provide consulting services to McKinsey & Company. Prior to joining the Bank in 2010, Mr Janin was a Director of McKinsey & Company, based in its Paris office, for over 27 years, from 1982 until his retirement. At McKinsey & Company, he conducted engagements in the retail, asset management and corporate banking sectors, and was actively involved in every aspect of organisational practice, including design, leadership, governance, performance enhancement and transformation. In 2009, while serving as a member of the French Institute of Directors, Mr Janin authored a position paper on the responsibilities of the Board of Directors with regard to the design and implementation of a company’s strategy. Before joining McKinsey & Company, Mr Janin worked for Chase Manhattan Bank (now JP Morgan Chase) in New York and Paris, and Procter & Gamble in Toronto. Mr Janin has practised in Europe, Asia and North America. Mr Janin is also a Director of Neil Janin Limited, a company through which he provides consulting services. Mr Janin holds an MBA from York University, Toronto.

Irakli Gilauri

Mr. Irakli Gilauri serves as Chief Executive Officer, Executive Director of the Company. Gilauri was appointed as an Executive Director of BGEO on 24 October 2011 and has been re-elected by shareholders at each AGM since. Mr Gilauri has served as CEO of BGEO since his appointment in 2011, and was appointed Chairman of the Bank in September 2015, having previously served as CEO of the Bank since May 2006. Mr Gilauri also serves as CEO of JSC BGEO Group, JSC BGEO Investment Group and JSC BG Financial Group. He is currently Chairman of the Board of Georgia Healthcare Group PLC and Chairman of the Supervisory Board for the following subsidiaries: JSC Georgia Healthcare Group, m2 Real Estate, Georgian Renewable Power Company and Teliani Valley. He is also a member of the Supervisory Board of Georgia Global Utilities and Agron Group. Ahead of the proposed demerger, Mr Gilauri has also been appointed as CEO and Chairman of Georgia Capital plc. Before his employment with the Bank, Mr Gilauri was a banker at the EBRD’s Tbilisi and London offices for five years, where he worked on transactions involving debt and private equity investments in Georgian companies. Mr Gilauri received his undergraduate degree in Business Studies, Economics and Finance from the University of Limerick, Ireland, in 1998. He was later awarded the Chevening Scholarship, granted by the British Council, to study at CASS Business School of City University, London, where he obtained his MSc in Banking and International Finance.

Giorgi Alpaidze

Mr. Giorgi Alpaidze is Group Chief Financial Officer of the Company. prior to which he served as Head of the Group’s Finance, Funding and Investor Relations. Mr Alpaidze has extensive international experience in banking, accounting and finance. He joined the Group in August 2016 from Ernst & Young LLP’s Greater New York City’s assurance practice, where he was a senior manager serving Ernst & Young’s financial services clients. Mr Alpaidze started his career at Ernst & Young Georgia in 2005 and moved to Ernst & Young’s United States practice in 2010. Mr Alpaidze is a US Certified Public Accountant and received his undergraduate degree in Business Administration from the European School of Management in Georgia.

Avto Namicheishvili

Mr. Avto Namicheishvili serves as Group General Counsel of the Company. Mr. Namicheishvili was appointed as General Counsel of JSC BGEO Group in September 2015. He previously served as Deputy CEO (Legal) of the Bank since July 2008, prior to which he served as the Bank’s General Counsel from March 2007. Before joining the Bank, Mr Namicheishvili was a partner at Begiashvili & Co. Limited, a leading Georgian law firm, where he acted as external legal advisor for Bank of Georgia from 2004. He received his undergraduate degrees in Law and International Economic Relations from Tbilisi State University and a graduate degree (LLM) in International Business Law from Central European University, Hungary.

Ekaterina Shavgulidze

Ms. Ekaterina Shavgulidze serves as Group Head of Investments and Business Development of the Company. Prior to her appointment, Ms Shavgulidze served as a Group Head of Investor Relations and Funding. Ms Shavgulidze joined the Group in 2011 and served as the CEO of the healthcare services business. Before her employment with the Group, Ms Shavgulidze was an Associate Finance Director at AstraZeneca, UK for two years, where she worked on finance projects in Eastern Europe, including an assignment as CFO for AstraZeneca Kazakhstan. Ms Shavgulidze received her undergraduate degree in Business Administration from the European School of Management in Georgia and received her MBA from Wharton Business School, majoring in Finance and Entrepreneurship.

Rebecca Wooldridge

Ms. Rebecca Wooldridge is Group Company Secretary of the Company. She was appointed Company Secretary of BGEO Group PLC in September 2017 having previously acted as the Deputy Group Company Secretary, since 2016. She is additionally the Company Secretary for Georgia Healthcare Group PLC. She also serves as the secretary to the Audit, Nomination, Remuneration and Risk Committees. Ahead of the proposed demerger, Ms Wooldridge was appointed as Company Secretary of Bank of Georgia Group plc and Georgia Capital plc. Ms Wooldridge is a lawyer specialising in corporate governance. She was previously Principal Counsel for a FTSE 100 top 20 company, BG Group PLC, where she held a progression of legal roles (2008-2016), including serving on the Reserves Committee. Before joining BG Group, Ms Wooldridge was a corporate lawyer for leading City firm Allen & Overy LLP (2003-2008). Ms Wooldridge is a qualified solicitor in England and Wales. She holds a Post Graduate Diploma in Law and a Legal Practice Course qualification from Nottingham Law School. She also holds a Masters degree in English from Cambridge University.

Kim Bradley

Mr. Kim Bradley serves as Non-Executive Independent Director of the Company. Kim Bradley was appointed as an Independent Non-Executive Director of BGEO on 19 December 2013 and has been re-elected by shareholders at each AGM since. Mr Bradley serves as Chairman of the BGEO Risk Committee and as a member of BGEO’s Audit and Nomination Committees. Mr Bradley was also appointed to the Bank’s Supervisory Board in December 2013 and serves as Chairman of the Bank’s Risk Committee and as a member of the Bank’s Audit Committee. Ahead of the proposed demerger, Mr Bradley has also been appointed to the Board of Georgia Capital plc. Mr Bradley retired from Goldman Sachs in early 2013, following 15 years as a professional in the Real Estate Principal Investments and Realty Management divisions, where he focused on investment in both European real estate and distressed debt. In addition to his investment activities, Mr Bradley led Goldman’s asset management affiliates in France, Italy and Germany, where he was involved in financial and tax audits as well as management of internal audit activities. He has also served as President of Societa Gestione Crediti, a member of the Board of Directors of Capitalia Service Joint Venture in Italy and Chairman of the Shareholders Board at Archon Capital Bank Deutschland in Germany. Prior to Goldman Sachs, he served as a Senior Executive at GE Capital for seven years in both the United States and Europe, where his activities included real estate workouts and restructuring, as well as acquisitions. Prior to GE Capital, Mr Bradley held senior executive positions at Manufacturers Hanover Trust (now part of JP Morgan) and Dollar Dry Dock Bank. He has also served as a Peace Corps volunteer and as a consultant with the US Agency for International Development in Cameroon. Mr Bradley serves as a Director of a mental health charity. Mr Bradley holds an MA in International Affairs from the Columbia University School of International Affairs.

Alasdair Breach

Mr. Alasdair Breach serves as Non-Executive Independent Director of the Company. Al Breach was appointed as an Independent Non-Executive Director of BGEO on 24 October 2011 and has been re-elected by shareholders at each AGM since. Mr Breach serves as Chairman of BGEO’s Remuneration Committee and serves as a member of BGEO’s Risk and Nomination Committees. Mr Breach also serves as a member of the Bank’s Supervisory Board and as Chairman of the Bank’s Remuneration Committee, positions he has held since 2010, and has also been a member of the Bank’s Risk Committee since December 2014. Ahead of the proposed demerger, Mr Breach has also been appointed to the Board of Bank of Georgia Group plc. In 2013, Mr Breach co-founded Gemsstock Limited, a UK FCA-regulated fund manager, where he also serves as an Executive Director. In 2010, Mr Breach founded Furka Advisors AG, a Swiss-based asset management firm, and served as an Executive Director until founding Gemsstock Limited, which manages the Gemsstock Fund, which was previously called the Gemsstock Growth Fund and managed by Mr Breach at Furka Advisors AG. His previous career was in research in investment banks, principally in Russia. In January 2003, Mr Breach joined Brunswick UBS (later UBS Russia) as Chief Economist, and later was appointed Head of Research and Managing Director until October 2007. From 1998 to 2002, Mr Breach was a Russia and Former Soviet Union (FSU) economist at Goldman Sachs, based in Moscow. Mr Breach is also the co-founder of The Browser.com, a web-based curator of current affairs writing established in 2008. Mr Breach serves as a Director of Gemsstock Limited, the Gemsstock Fund, The Browser and Furka Holdings AG, all of which are private entities. He is also an advisor to East Capital. Mr Breach obtained an MSc in Economics from the London School of Economics and an undergraduate degree in Mathematics and Philosophy from Edinburgh University.

Tamaz Georgadze

Mr. Tamaz Georgadze serves as Non-Executive Independent Director of the Company. Georgadze was appointed as an Independent Non-Executive Director of BGEO Group on 19 December 2013 and has been re-elected by shareholders at each AGM since. Mr Georgadze serves as a member of BGEO Group’s Risk and Nomination Committees. Mr Georgadze was also appointed to the Bank’s Supervisory Board in December 2013. He serves as a member of the Bank’s newly established Risk Committee. Ahead of the proposed demerger, Mr Georgadze has also been appointed to the Board of Bank of Georgia Group plc. In 2013, Mr Georgadze founded Raisin GmbH (formerly SavingsGlobal GmbH) a company which launched the first global deposit intermediation in Europe and he continues to serve as its Executive Director. Prior to founding this company, Mr Georgadze had a ten-year career at McKinsey & Company in Berlin, where he served as a Partner from 2009 to 2013. At McKinsey & Company, he conducted engagements with banks in Germany, Switzerland, Russia, Georgia and Vietnam, focusing on strategy, risk identification and management, deposit and investment products, operations and sales. Prior to joining McKinsey & Company, Mr Georgadze worked as an aide to the President of Georgia in the Foreign Relations Department from 1994 to 1995. Save for his role at Raisin GmbH, Mr Georgadze does not hold any other directorships. Mr Georgadze holds two PhDs, one in Economics from Tbilisi State University and the other in Agricultural Economics from Justus-Liebig University Giesen, Germany. Mr Georgadze also studied Law at Justus-Liebig Universitat Giesen and graduated with honours.

Hanna-Leena Loikkanen

Ms. Hanna-Leena Loikkanen serves as Non-Executive Independent Director of the CompanyLoikkanen was appointed as an Independent Non-Executive Director of BGEO by the Board in June 2015 and was elected by shareholders at the 2016 AGM. Ms Loikkanen is a member of BGEO’s Nomination Committee and the Risk Committee, and was appointed to BGEO’s Audit Committee in March 2016. Ms Loikkanen was also appointed to the Bank’s Supervisory Board in August 2015. Ms Loikkanen previously served as a Non- Executive Director of BGEO from 2011 to 2013 and as a member of the Bank’s Supervisory Board from 2010 to 2013. Ahead of the proposed demerger, Ms Loikkanen has also been appointed to the Board of Bank of Georgia Group plc. Ms Loikkanen has over 20 years of experience working with financial institutions in Russia and Eastern Europe. She currently serves as an advisor to East Capital Private Equity AB. Prior to this, she served from 2007 to 2012 first as an advisor and then as the Chief Representative and Head of the Private Equity team at East Capital, a Swedish asset management company in Moscow. Prior to joining East Capital, Ms Loikkanen held the position of Country Manager and Chief Executive Officer at FIM Group in Russia, a Finnish investment bank, where she was responsible for setting up and running FIM Group’s brokerage and corporate finance operations in Russia. During her tenure at FIM Group, the company advised several large foreign companies in their M&A activities in Russia. Earlier in her career, Ms Loikkanen worked for Nordea Finance in various management positions in Poland, the Baltic States and Scandinavia with a focus on business development, strategy and business integration; for SEB in Moscow where she was responsible for the restructuring of SEB’s debt capital market operations in Russia; and for MeritaNordbanken in St Petersburg where she focused on trade finance and correspondent banking. Ms Loikkanen holds a Master’s degree in Economics and Business Administration from the Helsinki School of Economics.

David Morrison

Mr. David Morrison serves as Senior Non-Executive Independent Director of the Company. David Morrison was appointed as the Senior Independent Non-Executive Director of BGEO on 24 October 2011 and has been re-elected by shareholders at each AGM since. Mr Morrison assumed the role of Chairman of BGEO’s Audit Committee in December 2013, prior to which he had served as a member of the Committee. Mr Morrison is also a member of BGEO’s Remuneration and Nomination Committees, and serves on the Bank’s Supervisory Board and as a member of the Bank’s Audit and Remuneration Committees, positions he has held since 2010. Mr Morrison is also a Non- Executive Director of Georgia Healthcare Group PLC and a member of the Supervisory Board of JSC Georgia Healthcare Group. Ahead of the proposed demerger, Mr Morrison has also been appointed to the Board of Georgia Capital plc. Mr Morrison is a member of the New York bar and worked for 28 years at Sullivan & Cromwell LLP until he withdrew from the firm in 2007 to pursue his other interests. At Sullivan & Cromwell, he served as Managing Partner of the firm’s Continental European offices. His practice focused on advising public companies in a transactional context, from capital raisings and IPOs to mergers and acquisitions. Key clients included investment banks and a wide range of commercial and industrial companies. He advised on a number of the largest privatisations in Europe, and was advisor to Germany’s development bank, Kreditanstalt fur Wiederaufbau (KfW), for over 20 years (serving on the Board of Directors of KfW’s finance subsidiary). Mr Morrison is the author of several publications on securities lawrelated topics, and has been recognised as a leading lawyer in Germany and France. In 2008, Mr Morrison turned his attention to financing for nature protection. He became the Founding CEO of the Caucasus Nature Fund (“CNF”), a charitable trust fund dedicated to nature conservation in Georgia, Armenia and Azerbaijan. He resigned as CEO in March of 2016.

Jonathan Muir

Mr. Jonathan Muir is Non-Executive Independent Director of the Company. Muir was appointed as an advisor to the Board and as a member of the Audit Committee in January 2017 and subsequently appointed as an Independent Non-Executive Director on 20 June 2017, remaining a member of the Audit Committee and joining the Nomination Committee. Mr Muir is also a member of the Bank’s Supervisory Board and Audit and Nomination Committees. Ahead of the proposed demerger, Mr Muir has also been appointed to the Board of Bank of Georgia Group plc. Mr Muir has over 30 years’ experience working as a professional in accounting and finance. He is an Executive Director (CEO) of LetterOne Holdings SA and is CEO of LetterOne Investment Holdings. LetterOne is an international investment business consisting of two groups which target investments in the healthcare, energy, telecoms and technology, and retail sectors. Prior to joining LetterOne, Mr Muir was CFO (2008-2013) and Vice President of Finance and Control (2003-2008) of TNK-BP, which he joined after serving as CFO of SIDANCO, one of TNK-BP’s heritage companies. Prior to this, he was a partner at the global audit and consulting company Ernst & Young (1985-2000). Mr Muir graduated with first class honours from St. Andrew’s University. He is a British qualified Chartered Accountant and a member of the Institute of Chartered Accountants of England and Wales.

Natia Kalandarishvili