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RNS Number : 8811E Lion Finance Group PLC 19 May 2026
London, 19 May 2026
Bank of Georgia Executive Management Updates
Lion Finance Group PLC (the "Company" or the "Group") announces updates within
the Executive Management team of its Georgian banking subsidiary, JSC Bank of
Georgia (the "Bank").
Valerian Gabunia, currently serving as Deputy Head of SME Banking Direction,
will be promoted to lead the Premium Banking Direction of the Bank with effect
from 1 July 2026. Eter Iremadze, Deputy CEO who has overseen the Premium
Banking business since 2021, will step down from her role with effect from the
same date.
Archil Gachechiladze, Bank of Georgia's CEO, commented: "I want to
congratulate Valerian on his well-deserved promotion. He is an experienced and
results-oriented banker, with a distinguished career in various executive
roles across retail and premium banking in Georgia. Having joined our SME team
in 2023, he spearheaded a successful organisational transformation of the
Medium Enterprise segment. I am confident he will bring fresh insights and
continue to drive strong results in his new capacity. At the same time, I want
to express my sincere gratitude to Eter for her many years of dedicated
service. Her contributions to our organisation have been invaluable,
particularly in her oversight of key initiatives and in building the nation's
leading mass affluent franchise."
Name of authorised official of issuer responsible for making notification:
Nini Arshakuni, Head of Investor Relations
About Lion Finance Group PLC
Lion Finance Group PLC (LSE: BGEO LN) is an LSE-listed company whose main
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.
Legal Entity Identifier: 213800XKDG12NQG8VC53
For further information, please visit www.lionfinancegroup.uk
(https://lionfinancegroup.uk/) or contact:
Sam Goodacre Nini Arshakuni
Adviser to the CEO Head of Investor Relations
+44 203 178 4034 +44 203 178 4034
sgoodacre@lfg.uk (mailto:sgoodacre@lfg.uk) ir@lfg.uk
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