Bank of Georgia deputy CEO steps down

(Sharecast News) - Lion Finance Group said Mikheil Gomarteli, deputy CEO and head of payments at its Bank of Georgia subsidiary, was stepping down from executive roles on January 1 after 28 years with the business. Gomarteli will remain in a non-executive role across the group's various subsidiaries. Former bank executive Levan Kobakhidze has rejoined as Bank of Georgia's new head of payments business after two years at Wells Fargo in New York.

Reporting by Frank Prenesti for Sharecast.com