Group Management

Archil Gachechiladze

Executive director and CEO of Bank of Georgia Group PLC and CEO of Bank of Georgia

Prior to his appointment, Archil served as CEO of Georgian Global Utilities (formerly part of BGEO Group PLC) during 2017-2019.

With more than 20 years in financial services, Archil held various senior and executive roles in Georgia as well as abroad. Having spent some time with Lehman Brothers Private Equity, he returned to Georgia in 2008 and joined Bank of Georgia as Deputy CEO, Corporate Banking in 2009. His subsequent roles with BGEO Group PLC include Deputy CEO, Investment Management, CFO of the Group, and Deputy CEO, Corporate and Investment Banking. Archil’s wider experience includes working at Salford Equity Partners, EBRD and KPMG Barents.
Archil holds a bachelor’s degree in economics from Tbilisi State University and an MBA with distinction from Cornell University. He is also a CFA charterholder and a member of the CFA society in the United Kingdom.

Sulkhan Gvalia

Deputy CEO, Chief Financial Officer

Sulkhan has extensive experience in banking, having served in various senior roles at Bank of Georgia, including Deputy CEO – Chief Risk Officer (2005-2013) and Deputy CEO – Head of Corporate Banking (2013-2016). Prior to his recent appointment, Sulkhan founded and was the CEO of E-Space Limited – the only Georgian company developing electric car charging infrastructure in Georgia. Sulkhan started his career in banking at TbilUniversalBank and served as its Deputy CEO, before its acquisition by Bank of Georgia in November 2004.

Sulkhan holds a bachelor’s degree in Law from Tbilisi State University.

David Chkonia

Deputy CEO, Chief Risk Officer

Prior to his current role, David served as a senior advisor and Director of International Business at Bank of Georgia during 2021-2022. Before joining the Bank, he held senior positions in local and international organisations. He was Deputy CEO/Chief Risk Officer at TBC Bank during 2017-2020. Prior to that, David was a Director at BlackRock in London, where he advised financial institutions and regulators on risk management, balance sheet strategy and regulation. He also served as a Senior Vice President at PIMCO, where he was responsible for the risk advisory practice. During 2009-2011, David Chkonia worked at European Resolution Capital.

David holds an MBA from the Wharton School of the University of Pennsylvania and a bachelor’s degree in Finance from San Jose State University.

Mikheil Gomarteli

Deputy CEO, Strategic Projects Direction

Mikheil was appointed as Deputy CEO, Strategic Projects Direction of JSC Bank of Georgia in September 2022.

Prior to this appointment, Mikheil was Deputy CEO, leading the Bank’s Retail Banking business since 2009. He joined Bank of Georgia in 1997 and served in various senior and executive roles. Throughout his time with the Bank, Mikheil has been instrumental to Retail Banking and digital transformations, being behind many key initiatives.

Mikheil holds a bachelor’s degree in Economics from Tbilisi State University.

Vakhtang Bobokhidze

Co-Director of International Business

Vakhtang was appointed as Co-Director of International Business in January 2023, prior to which he served as a Strategic Advisor to CEO.

Vakhtang joined the Bank in 2005 as a Quality Control Manager, and progressed through a number of positions, including Analyst-Developer, IT Business Consultant, and a Director of IT Department, culminating in his appointment as Deputy CEO in charge of IT in March 2018. From January 2021 to June 2022, he served as Deputy CEO in charge of IT, Data Analytics, and Digital Channels.

Vakhtang received his bachelor’s degree in Computer Science and Economics and master’s degree in Informatics from Tbilisi State University.

Ana Kostava

Chief Legal Officer

Ana became a direct report to the CEO in October 2021. She joined the Bank of Georgia in April 2018 as Senior Group Lawyer (2018-2020). Prior to that, between 2015 and 2018, Ana was an Associate at Dechert LLP. Ana has experience working at the World Trade Organization Appellate Body Secretariat and the European Court of Human Rights. She started her career in law as Associate at Legal Partners Associated LLC in 2010. Since 2015, Ana has been an Associate Lecturer at Free University of Tbilisi.

Ana holds an LLM from University of Cambridge and an LLB from Caucasus University, Caucasus School of Law. She also holds a Harvard Law School Executive Education Certificate of Leadership in Corporate Counsel.

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