Changes to Board Committees

RNS Number : 4137U

TBC Bank Group PLC

06 April 2021

 

Changes to Board Committees TBC Bank Group PLC ("TBC PLC") announces that Non-executive Director, Nikoloz Enukidze, has stepped down from the membership of the Remuneration Committee of the Board of TBC PLC and the Supervisory Board of JSC TBC Bank ("TBC Bank") with immediate effect. Furthermore, Arne Berggren, Chairman of the Board of TBC PLC and the Supervisory Board of TBC Bank, has been appointed as a member of the Remuneration Committee with immediate effect. In line with TBC's "Mirror Boards" policy, Mr. Berggren has also been appointed as a member of the equivalent committee of the Supervisory Board of TBC Bank. For further enquiries, please contact: Director of International Media and Investor Relations Zoltan Szalai Or Head of Investor Relations Anna Romelashvili [e-mail] About TBC Bank Group PLC ("TBC PLC") TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector and other closely related fields. TBC PLC also recently expanded its operations in Uzbekistan. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.0% of loans and 37.2% of non-banking deposits as of 31 December 2020, according to data published by the National Bank of Georgia.

 

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