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Bank of Georgia Holdings appoints three directors

Staff writer |
London, United Kingdom - December 26, 2013, London, United Kingdom - Bank of Georgia Holdings PLC (BGH), the holding company of JSC Bank of Georgia, announced the appointment of Bozidar Djelic, Tamaz Georgadze and Kim Bradley as independent non-executive directors.

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The new independent non-executive directors will also join the Supervisory Board of the Bank. All three new Board members will join the Nomination Committee of BGH and Mr. Bradley will also join the Audit Committee of BGH and the Bank.

Mr. Djelic is a member of EBRD's "Transition to Transition" Senior Advisory Group. He served as Deputy Prime Minister for European Integration and Minister of Science and Technological Development of Serbia. He was Deputy Prime Minister of Serbia, and served as Governor of the World Bank Group and Deputy Governor of the EBRD. He was Crédit Agricole Group's Director for Eastern Europe and the former Soviet Union, leading the acquisition and management of several banks in the region.

Mr. Djelic also served as Minister of Finance and Economy of Serbia, and he worked at McKinsey & Company in Paris and the Silicon Valley. He has also held various advisory positions, including advisor to the Polish and Romanian governments.

He holds an MBA from the Harvard Business School, an MPA from Harvard's J.F. Kennedy School of Government and an MA in Economics from the Ecole de Hautes Etudes en Sciences Sociales.

Mr. Bradley retired from Goldman Sachs in early 2013 following fifteen years as a professional in the Real Estate Principal Investments area and Realty Management Division, where his activities focused on investing in both European real estate and distressed debt. In addition to investment activities, he led Goldman's asset management affiliates in France, Italy and Germany.

Mr. Bradley has also served as President of Societa Gestione Crediti and as a member of the board of Capitalia Service Joint Venture in Italy, and was Chairman of the Shareholders' Board at Archon Capital Bank Deutschland in Germany. Prior to Goldman Sachs, he was a senior executive at GE Capital for seven years in both the US 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 also served as a Peace Corps Volunteer and as a consultant with the US Agency for International Development in Cameroon.

He holds an M.A. in International Affairs from the Columbia University School of International Affairs and a B.A. in English Literature from the University of Arizona.

Mr. Georgadze had a 10 year career at McKinsey & Company in Berlin, where he served as Partner and provided consultation services for retail banks in Germany, Switzerland, Russia, Georgia and Vietnam. He founded SavingGlobal GmbH a company aimed at launching first global deposit intermediation. Prior to joining McKinsey & Company, Mr. Georgadze worked as aide to the President of Georgia in the foreign relations department.

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