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Pin to quick picksBank Of Georgia Group Share News (BGEO)

Share Price Information for Bank Of Georgia Group (BGEO)

London Stock Exchange
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Share Price: 4,035.00
Bid: 4,035.00
Ask: 4,045.00
Change: 35.00 (0.88%)
Spread: 10.00 (0.248%)
Open: 4,010.00
High: 4,065.00
Low: 3,990.00
Prev. Close: 4,000.00
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Georgia Healthcare Hires Former Bank Of George Exec To Head Imedi L

Mon, 13th Jun 2016 06:52

LONDON (Alliance News) - Georgia Healthcare Group PLC Monday said it has appointed Givi Giorgadze as chief executive of its medical insurance company, Imedi L, from the beginning of July.

Giorgadze has previously held roles at Bank of Georgia Holdings PLC, from which Georgia Healthcare was spun-out last November, for seven years, most recently as deputy head of investor management from 2013 to 2015. After that, Giorgadze worked as a business analyst at a secretariat to the Georgia Investor Council.

Bank of Georgia, the London-listed holding company of Georgia?s leading bank JSC Bank of Georgia and its subsidiaries, has since renamed itself BGEO Group PLC. BGEO Group retains a 65% stake in Georgia Healthcare.

"Givi brings with him strong knowledge of the Georgian insurance and private banking business, with nine years of experience in the insurance sector, as well as seven years experience in wealth management. His expertise will be invaluable to our medical insurance business as well as to the group as a whole. I look forward to the contributions he will make in his new role," said Chief Executive of Georgia Healthcare Nikoloz Gamkrelidze in a statement.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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