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George Arveladze
Member Of The Supervisory Board at Georgia Stock Exchange
Professional Background
George Arveladze is a highly accomplished banker and financier with an impressive track record spanning over 16 years in various sectors, including mass market retail banking, financial markets, monetary policy, healthcare, and pharmaceuticals. His career began at the National Bank of Georgia, the central bank of the country, where he steadily progressed through the ranks, ultimately reaching the prestigious role of Chief Dealer. In this capacity, he skillfully managed foreign exchange reserves that exceeded USD 1.5 billion, demonstrating his ability to handle large financial operations and complex banking scenarios.
George's strategic mindset and expertise allowed him to take part in pivotal roles at the Bank, such as becoming a member of the International Reserves Management Committee and serving on the Monetary Policy Commission. His involvement in these significant bodies showcases his understanding of financial systems and his capability to contribute to national monetary policy in a meaningful way.
In 2008, George moved to London, joining BNP Paribas Structured Products Sales team focused on Central and Eastern Europe (CEE) and South Africa. His efforts were instrumental in generating new business for the bank, including the successful launch of a structured deposit program with Bank of Georgia, marking a milestone in his banking career.
From 2009 to 2015, George played a crucial role in revitalizing Liberty Bank, which was then in a precarious position due to bankruptcy and government intervention for a financial bailout. Initially serving as the Deputy CEO, he was promoted to CEO in 2013, and under his leadership, Liberty Bank transformed into the leading mass market retail bank in Georgia. His innovative strategies and effective management propelled the bank’s growth significantly beyond the average rate of the Georgian banking sector, yielding an impressive Return on Average Equity (ROAE) of over 20%. This notable achievement reflects his outstanding leadership skills and profound understanding of the banking industry.
Education and Achievements
George Arveladze holds an MBA in Finance from the prestigious London Business School, which has equipped him with the advanced knowledge and skills necessary to navigate the complex world of finance and banking. His educational background also includes a Bachelor of Business Administration in Finance from Midwestern State University, providing him with a solid foundation in financial principles and practices.
His extensive career has seen him occupy key positions in prominent financial institutions, including:
- Member of the Supervisory Board at Georgia Stock Exchange, contributing to the oversight and governance of the country’s trading platform.
- Formerly served as Deputy Director of Corporate and Investment Banking at TBC Bank, where he was involved in high-level decision-making and strategic operations.
- Managed research and brokerage services at TBC Capital as Managing Director, where he leveraged his analytical skills and market expertise.
- Held the position of Director of Banking and Finance at Reformatics LLC, leading financial initiatives that supported healthcare and technology ventures.
- Formerly a Partner at Channel Georgia, where he played a vital role in growing a multifaceted business.
- Served on the Supervisory Board of the State Deposit Insurance Agency, ensuring the protection of deposits in the financial system.
- Held multiple leadership roles at Georgia Healthcare Group prior to his successful tenure at Liberty Bank.
George has also gained valuable international experience during his internship at BNP Paribas, where he learned about structured financial products and the workings of global financial markets.
Notable Achievements
Some of George Arveladze's notable achievements include:
- Revitalization of Liberty Bank: Successfully leading the turnaround of Liberty Bank from a state of bankruptcy to becoming the top retail banking institution in Georgia.
- High ROAE: Achieving over 20% ROAE during his tenure at Liberty Bank, which is a remarkable feat in the banking industry.
- Leadership in Monetary Policy: Actively participating in committees that shape the monetary policy of Georgia, demonstrating his influence in the financial sector.
- Innovative Financial Solutions: Launching the first structured deposit product with Bank of Georgia while at BNP Paribas, showcasing his ability to innovate and create products that resonate with client needs.
Conclusion
George Arveladze stands out as an exemplary figure in the banking and finance industry, characterized by his strategic vision, operational expertise, and a proven history of leading organizations to success. His experiences in managing high-stake financial projects, navigating complex regulatory environments, and driving growth in competitive markets underscore his capabilities as a trusted leader. As he forges ahead in his career, George continues to leave a lasting impact on the banking sector, particularly in the realm of mass market retail banking and financial policy. His dedication to excellence and innovation positions him as a key player in the evolving landscape of global finance.
