Let me now focus your attention on a specific business. It is not in Georgia but in Moldova. Moldova Agroindbank (MAIB) is the leading bank in Moldova. One year ago its Supervisory Board and the National Bank of Moldova approved Giorgi Shagidze as the bank’s new CEO. Giorgi has more than 25 years of banking experience, most recently as the Chief Financial Officer and Chief Operating Officer of TBC Bank in Georgia. During his 10-year tenure, TBC increased its asset base more than eightfold, emerging as the largest bank in Georgia. In 2014, TBC launched an IPO on the London Stock Exchange (LSE), attracting foreign institutional and retail investors; two years later, the listing was upgraded to the premium segment of LSE. TBC’s shares are included in the FTSE 250 index with a current market capitalization of around US$ 1 billion.
Giorgi Isakadze sat down with Giorgi Shagidze for a conversation on doing banking in Moldova and more.
