03 Feb. 2013

New Chairman was appointed to Rabitabank

Nikoloz Shurgaia was appointed to the position of Chairman of the Management Board at “Rabitabank” OJSC.

Nikoloz Shurgaia has 18 year practice in the banking sectors of Georgia, Belarus, Russia and Great Britain. Mr.Shurgaia has worked as independent director and advisor to financial institutions in different CIS countries before being employed by Rabitabank. He worked in capacity of Deputy Chairman of the Supervisory Board at Belarusky Narodny Bank (Belarus) belonging to the Bank of Georgia in 2009-2011, simultaneously in the capacity of Deputy Chairman of the Management Board on International Business at the Bank of Georgia. Mr.Shurgaia was employed as Chairman of the Management Board at VTB Bank of Georgia in 2008-2009. He also has worked as Principal Banker in Financial Institutions Group (London) of the European Bank for Reconstruction and Development (EBRD), Assistant Vice President at ABN Amro Bank (Moscow) and in different capacities at the United Georgian Bank (Tbilisi). N.Shurgaia has obtained MBA degree from London Business School.

Rabitabank will continue to strengthen its management team by new professionals in 2013. This is an element of Rabitabank’s strategy to suggest banking services of new quality to its clients.

Rabitabank has been operating since 1993. The Bank is represented in 14 regions of the country by wide branch network consisting of 18 branches, 2 departments and 1 representation. Rabitabank will celebrate its 20th anniversary this year.

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