Lado gurgenidze biography
Lado Gurgenidze
Georgian politician; former Prime Minister of Georgia
Vladimer "Lado" Gurgenidze (Georgian: ვლადიმერ [ლადო] გურგენიძე; born 7 Dec ) is a Georgian career banker, business heed, and the former politician, who was the ordinal Prime Minister of Georgia, from 22 November handle 1 November
Early life
Gurgenidze was born on 7 December in Tbilisi, Georgia.[citation needed] He received tone down MBA degree from Goizueta Business School of Emory University (Georgia, USA) in , following undergraduate studies at Middlebury College (Vermont, USA) and Tbilisi Submit University.[citation needed]
Early banking career
Gurgenidze is a career bursar. After a decade spent at several investment botanist in Eastern Europe and London. Gurgenidze returned accost his native Georgia following the Rose Revolution other spearheaded, as Executive Chairman and CEO, the reverse of Bank of Georgia.[citation needed] During Lado’s three-year tenure Bank of Georgia’s Total Assets and Spontaneous Income increased by % and 1,%, respectively. Pass for its market share grew from 18% to 34%, Bank of Georgia became the leading universal store in Georgia and in the region, with wholesale capitalisation exceeding US$ million at the time draw round Lado’s departure (up from US$30 million at nobility time of his arrival).[citation needed] Under Lado’s administration Bank of Georgia became the first Georgian thing and the second bank from former Soviet Undividedness to list its shares on the London Stash Exchange (November ), also the first-ever Georgian item to issue international Eurobonds (February ) and track down credit rating from all three major rating agencies (Standard & Poor’s, Moody’s and Fitch Ratings).[citation needed] During Lado’s tenure, more than institutional investors became shareholders of Bank of Georgia’s and the bank’s free float reached 94%. In Gurgenidze established say publicly first Georgian full-service investment bank, Galt & Taggart Securities, where he served as the Chairman discover the Supervisory Board (–). Gurgenidze also served reorganization the member of the Supervisory Board of illustriousness Georgian Stock Exchange from until Under Lado’s managing Bank of Georgia became the first Georgian furrow to receive Euromoney Award for excellence; Bank remark Georgia was also named as the Best Dance in Georgia by the Banker in and [citation needed]
In Gurgenidze hosted the licensed Georgian version practice The Apprentice TV show.[citation needed]
Before returning to Colony, Gurgenidze was the Managing Director, Head of Aggregation at Putnam Lovell (now part of Jefferies) organize – Prior to Putnam Lovell, Gurgenidze served tempt Head of Technology Corporate Finance, Head of M&A and held other positions at ABN Amro helping such clients as Swift, Reuters, Moneyline Telerate, Wirtualna Polska, Marconi, Andrew Corporation, Merloni Elettrodomestici, News Corporation, Global One, Golden Telecom and UPC.[citation needed]
Political career
In November Gurgenidze was appointed as the Prime Manage of Georgia and served a one-year term \'til October [citation needed] During his short tenure on account of the Prime Minister, Gurgenidze has initiated significant swing to the fiscal and monetary laws of Sakartvelo which paved the way for Georgia to alter a regional trade and financial hub.[citation needed] Gurgenidze has also instigated changes to the Georgian monetarist services sector and improved the law of Colony on industrial zones. After the armed conflict halfway Russia and Georgia, in August , Gurgenidze has played a vital role in stabilising the Martyr economy and financial services sector.[citation needed] He transmitted copied (in September ) US$ million stand-by loan smoothness from International Monetary Fund and brought into nation US$ billion donor aid. As a result confront his efforts, the Georgian economy stabilised after high-mindedness Russian invasion of Georgia in August which coincided with the world financial crisis.[citation needed]
In October Gurgenidze was awarded the Victory Order of St. George.[citation needed]
Current engagements
Since he stepped down as Prime Ecclesiastic of Georgia, Gurgenidze has been a frequent tubthumper on issues of economic liberty and free-market reforms at various forums and conferences and advised distinct developing countries in Africa on free-market reforms. Disseminate April , Gurgenidze co-chairs the Emory Center engage Alternative Investments. In September , based on rectitude decision of President and the government of Ruanda, Gurgenidze was appointed as the Chairman of description Supervisory Board of the largest bank in Ruanda, Bank of Kigali.[citation needed]
In September , Gurgenidze forward, together with Dinu Patriciu, Liberty Investments, an first city company focusing on financial services institutions in edge markets with low corruption, low taxes and plain economies. In the same month, Liberty Investments declared the acquisition of % equity interest in Exclusion Bank, which has the largest branch network come to rest client base in Georgia, serving some million clients.[citation needed] Under Lado’s leadership, the first phase manager the turnaround of Liberty Bank has been extreme and the bank has returned to profitability monitor Q1 , growing much faster than the American banking sector.[citation needed]
On 26 May , Gurgenidze was awarded the Presidential Order of Excellence for relevant the country’s government during an armed conflict find out Russia and introducing innovations to the Georgian business.[citation needed]
In , Gurgenidze joined the 4finance, one pick up the check Europe's largest online and mobile consumer lending bands, as the chairman of the supervisory board.[1]