Mamuka Khazaradze

Mamuka Khazaradze (Georgian: მამუკა ხაზარაძე; born 29 December 1966) is a Georgian businessman who co-founded the largest Georgian universal bank,[1] JSC TBC Bank in 1992.[2] In 2019, he moved into politics, setting up a political movement Lelo for Georgia. [3]

Mamuka Khazaradze

A criminal charge was filed against Khazaradze and his business partner, alleging that they were involved in money-laundering, after he announced formation of Lelo. It was deemed as an attack on political pluralism in Georgia.[4]

Early life and education

He graduated from Tbilisi Technical University in 1988 and also holds an executive degree from Harvard Business School, where he studied during 1998-2000.[5] In 2014, Khazaradze was awarded EY Entrepreneur of the Year in Georgia - the first such award to a Georgian business.[6]

He was awarded the Presidential Order of Excellence in 2010.[7]

TBC Bank Group PLC and JSC TBC Bank

JSC TBC Bank completed its London Stock Exchange IPO in June 2014, raising US$ 256 million and listing 40% of the Bank’s shares.[8] The IPO valued the Bank at US$ 640 million.[9] The Bank listed its UK-incorporated holding parent company, TBC Bank Group PLC on the Premium Segment of the London Stock Exchange in 2016[10] and joined the FTSE 250 index in 2017.[11]

Other Ventures and Projects

Lelo for Georgia

In December 2019, Khazaradze together with other prominent Georgian politicians set up Lelo for Georgia, a party that seeks to contest parliamentary elections in Georgia in October 2020.[12]

Anaklia Port

Anaklia Port is a project to build a deep-sea port in Western Georgia, to accommodate very large vessels – the first of its kind in the region.[13] According to the research published by NATO Research Division, Georgia's strategic geographic location gives is vast potential to act as a key transit country facilitating high volumes of international trade between Europe and Asia.[14]

IDS Borjomi International

IDS Borjomi was founded in 1995 by Mamuka Khazaradze and his business partners, building on the Borjomi mineral waters brand that was well known throughout the Soviet Union.[15] IDS Borjomi Georgia now exports to over 40 countries worldwide.[16]

Guivy Zaldastanishvili American Academy in Tbilisi (GZAAT)

GZAAT is one of the first, private high-school providing Georgian students with world-class education co-founded in 2001 by Guivy Zaldastanishvili, with support from Mamuka Khazaradze and other Georgian entrepreneurs.[17] Mamuka Khazaradze currently serves on the Board of Trustee of GZAAT.[18]

Chateau Mukhrani

Chateau Mukhrani is an old royal Georgian winery that first exported Georgian wines 130 years ago. The modern company, Chateau Mukhrani was founded in 2002 by Mamuka Khazaradze and Badri Japaridze and their business partners.[19]

References
  1. "TBC Bank Group PLC official Investor Relations website". tbcbankgroup.com. Retrieved 12 August 2019.
  2. "Georgia's TBC Bank Places Premium Shares on London Stock Exchange". Georgia Today. Retrieved 17 March 2019.
  3. Dumbadze, Ana (Nov 1, 2019). "12 More Members of Lelo Movement Announced". Georgia Today. Retrieved 30 January 2020.
  4. https://freedomhouse.org/country/georgia/freedom-world/2020
  5. "Investor.ge". investor.ge. Retrieved 2019-08-12.
  6. "Georgia Today". Georgia Today. Retrieved 12 August 2019.
  7. "State Awards Issued by Georgian Presidents in 2003-2015". Institute for Development of Freedom of Information. Retrieved 17 March 2019.
  8. "London Stock Exchange News". London Stock Exchange. Retrieved 12 August 2019.
  9. "TBC Bank Group PLC Investor Relations Website". Retrieved 12 August 2019.
  10. "TBC Bank Group PLC Investor Relations website". Retrieved 12 August 2019.
  11. "TBC Bank Group PLC Investor Relations Website". Retrieved 12 August 2019.
  12. Hauer, Neil (4 February 2020). "Is Georgia Ready for a Trump of Its Own?". Foreign Policy. Retrieved 5 February 2020.
  13. "About | Anaklia". anakliadevelopment.com. Retrieved 2019-08-12.
  14. "NDC - News". www.ndc.nato.int. Retrieved 2019-08-12.
  15. Kuemmerle, Walter; Ellis, Chad. "Georgian Glass and Mineral Water". hbr.org. Retrieved 2019-08-12.
  16. "The water of the BORJOMI valley". www.borjomi.com. Retrieved 2019-08-12.
  17. "School History". www.gzaat.org. Retrieved 2019-08-12.
  18. "Governance". www.gzaat.org. Retrieved 2019-08-12.
  19. "About us". chateaumukhrani.com. Retrieved 2019-08-12.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.