SUPERVISORY BOARD
Avtandil Namicheishvili
Chairman
Avtandil is the Chairperson of the Supervisory Board of the GRPO. He joined GGU in 2016 and assumed the role of interim CEO of GGU between January 2019 and March 2020. Since the establishment of Georgia Capital JSC, Avtandil Namicheishvili assumes managerial roles in various companies of Georgia Capital Group, including: CEO of Georgian Renewable Power Holding JSC since August 2022; Chairperson of the Supervisory Board of Georgian Beverages Holding JSC since December 2019; Chairperson of the Supervisory Board of Insurance Company Aldagi JSC since July 2018; Member of the Supervisory Board of Georgia Real Estate JSC since December 2015 and Chairperson as of September 2022; Member of the Supervisory Board of Georgian Renewable Power Company JSC since September 2015 and Chairperson as of September 2022. Mr. Namicheishvili was BGEO Group's General Counsel between 2015 and 2018 and General Counsel at the Bank of Georgia between 2007 and 2015. Prior to that, he was a Partner at a leading Georgian law firm. Mr. Namicheishvili has extensive transactional experience, including over 25 mergers and acquisitions transactions and a number of equity and debt raises on the capital markets. He holds LL.M. degree in international business law from Central European University, Hungary
Giorgi Ketiladze
Deputy Chairman
Giorgi is the Deputy Chairperson of GRPH’s Supervisory Board. Currently he serves as a Managing Director, Head of Investments at Georgia Capital. Mr. Ketiladze joined BGEO group in 2017. Previously, worked at Deutsche Bank in the Corporate Finance department and at KPMG consulting in Germany. Giorgi holds a master’s degree from London Business School
Levan Dadiani
Board Member
Levan is a member of GRPO’s Supervisory Board. He joined BGEO in 2012. He is General Counsel of Georgia Capital Group from May 2018. Levan has an extensive experience in commercial law, equity investments, corporate and project financing and energy projects. Previously, he was a partner at a leading Georgian law firm. Levan holds LL.M. degree in International Business Law from University of Texas at Austin, USA.
Gedevan Gelbakhiani
Independent Board Member
Gedevan is a member of GRPO’s Supervisory Board (Chairperson of Audit Committee, independent member). Mr. Gelbakhiani is managing director of ‘Gelbakhiani Legal Services’ since 2017. During 2012-2017 he served as Chief Legal Officer and Corporate Secretary of Bank Republic JSC. Before that, he was a lawyer of Bank of Georgia JSC, where he’s role was related to mergers and acquisitions and international financing transactions. Mr. Gelbakniani also held managerial positions in companies such as United Telecom JSC (later, Silknet JSC), Galt and Taggart Capital JSC, Begiashvili and Company JSC, etc. Currently Mr. Gelbakhiani is also Deputy Chairperson of the Supervisory Board of Hyundai Auto Georgia JSC. He holds bachelor degree in International Law from Tbilisi State University.
Shalva Demetradze
Independent Board Member
Shalva is a member of the Supervisory Board of the Issuer (independent member). Mr. Demetradze joined Gelbakhiani Legal Services as a Partner in 2017. Starting from 2009 and before joining the mentioned law firm, he has worked as a Head of Litigation for Bank of Georgia JSC. From 2005 to 2008 Mr. Demetradze served as a judge in Tbilisi Citi Court (Chamber of Administrative and Civil Disputes). Before that, since 2002 he has worked as a Head of Litigation for Pro Credit Bank JSC. Mr. Demetradze holds bachelor’s degree in law from Open Humanitarian University.
