FINCA Bank Georgia Supervisory Board
Our Board of Directors brings a breadth of expertise and dedication to providing access to responsible financial services
Supervisory Board Chairman, Vice President And Regional Director For Eurasia
Florin Lila is FINCA Impact Finance’s Vice President and Regional Director for Eurasia, where he leads the network’s operations in Armenia, Azerbaijan, Georgia, Kosovo, Kyrgyzstan and Tajikistan. Based in Pristina, he oversees a loan portfolio of nearly USD 300 million, with the six banks and microfinance institutions under his leadership providing responsible finance to more than 320,000 clients.
Florin joined the company in 2012, first as Deputy Regional Director for Eurasia and then as Chief Executive Officer of FINCA Kosovo before becoming Vice President and Regional Director in 2017. He is a member of the Management Team (MT) of FINCA Impact Finance (FIF) and Chair of the Boards of Directors for Georgia, Kyrgyzstan and Tajikistan.
Florin spearheaded successful financial turnarounds at FIF subsidiaries in Kosovo and Tajikistan, with the former achieving profitability during his tenure as CEO and the second under his leadership as vice president & regional director. He has also overseen the implementation of a number of innovative digital financial solutions to increase efficiency and better serve clients. Most recently, FINCA Bank Kyrgyzstan launched a mobile wallet and FINCA Bank Georgia and FINCA Armenia launched online and mobile banking.
He brings a wealth of banking experience and a distinguished academic background. Prior to joining FIF, he had 13 years of experience in the banking sector including multiple roles at the Executive Management and Board of Directors level in Kosovo and in Ghana.
Florin holds an MA degree in Economics for Business Analysis from Staffordshire University, United Kingdom.
Supervisory Board Member
Chikako Kuno has 30 years of experience working in emerging markets in Eastern Europe, the Commonwealth of Independent States, Africa and Latin America. Before joining FINCA, Ms. Kuno led the Small Business Finance team as a director in the Financial Institutions Group at the European Bank for Reconstruction and Development (EBRD) in London. During her IFI and commercial banking career, Ms. Kuno led teams in investments, project finance, portfolio management, capital markets and syndications.
Ms. Kuno also served as a Peace Corps volunteer in Chile and Honduras. She holds a Master’s Degree in international economics from The Johns Hopkins University School of Advanced International Studies, and a Bachelor of Arts from the University of North Carolina at Chapel Hill.
Supervisory Board Member
Volker Renner has over 20 years of senior executive experience in responsible finance in the Eurasia, Africa, Latin America and Asia regions. From 2004 to 2016 he served FINCA International as Vice President for Credit and Savings, Global COO, and Regional Director for FINCA Eurasia. Prior to joining FINCA, Volker held positions as CEO of ProCredit Bank (Ukraine) and advisor to banks in Russia and Ukraine. Since 2016, Volker has focused his work on governance and consulting roles, serving as board director and member of Audit, Risk, ALCO, Digital Financial Services, and Credit committees in financial institutions on three continents.
Supervisory Board Member
Sridhar has been associated with Oliver Wyman, a leading global management consulting firm since 2013. In this role he works with CEOs, Boards of Directors and other senior leaders of top Financial Services companies in India and the Asia Pacific region on topics such as Management Strategy, Client Coverage models, Product and Distribution strategies, Cost Optimisation etc.
Sridhar is a financial services expert with over 30 years of experience gained internationally and in India. He was with Citigroup for 28 years and has worked in 6 countries across Asia, Africa and Europe. Some of the leadership positions he held with Citi included being CEO for three countries, Corporate Bank Head for India, Transaction Services Head for Africa and Bank Services Group Head for Central, Eastern Europe, Middle East and Africa. Sridhar brings deep banking experience and track record from around the globe in areas such as Corporate and Investment Banking, Product management, Risk Management, Governance and Regulatory compliance.
Sridhar lives in Mumbai, India. He is a graduate of Delhi University and is also a Chartered Accountant.
FINCA Bank Georgia Management Team
Our management team brings vast experience, professional skills and expertise from various industry backgrounds
Chief Executive Officer of JSC Finca Bank Georgia
Vusal Verdiyev, Chief Executive Officer of FINCA Bank Georgia, has over 10 years of executive leadership in banking, microfinance, project management. Vusal Verdiyev joined FINCA Georgia from 2008 in COO role and from 2009 is appointed as CEO. He leads FINCA Bank Georgia management team, provides strategic leadership in risk management, human resources management, product development, marketing, project management, operations, finance, information technology.
Mr. Verdiyev led transformation process, change of core banking software and other strategic initiatives. Prior joining FINCA Georgia, he worked in FINCA Azerbaijan, Citizens Development Corps, Netherlands Management Cooperation programs and CHF. He holds MBA in Agriculture Economics and Management and graduated ABA Stonier National Graduate School of Banking, University of Pennsylvania.
Chief Commercial Officer of JSC Finca Bank Georgia
CHIEF COMMERCIAL OFFICER OF JSC FINCA BANK GEORGIA
Giorgi Nadareishvili, Chief Commercial Officer of FINCA Bank Georgia, has over 15 years of senior-level experience managing microfinance banks throughout Georgia, Ukraine and Armenia. He has a solid background in MSME lending, branch network development, as well as non-credit operations management.
He joined FINCA Georgia in 2018 as Chief Commercial Officer. Prior to joining FINCA Bank Georgia, Giorgi worked as Chief Operating Officer of FINCA Armenia. For several years Giorgi worked for TBC Bank Constanta as a Chief Operations Officer, Chief Executive Officer and finally as a Chief Risk Officer. Before this role Giorgi worked for TBC Group, Georgia and gained valuable experience managing various functions ranging from sales, marketing and operations to customer service and back office.
Giorgi has also served for ProCreditBank in Georgia and Ukraine. He held the position of a Central Branch Manager at ProCreditBank Ukraine, as well as the position of a Chief Regional Officer at ProCreditBank Georgia for almost 7 years.
Giorgi Nadareishvili holds Master’s degree in Economics from the Ivane Javakhishvili Tbilisi State University, Georgia. In 2008 he also graduated from the ABA Stonier Graduate School of Banking at the University of Pennsylvania. Since 2014 he has been a candidate for MBA degree Edinburgh Business School Herriot Watt University at the executive program.
General Counsel & Corporate Secretary of JSC Finca Bank Georgia
David Zarandia General Counsel & Corporate Secretary of FINCA Bank Georgia, has over 8 years of experience in managerial positions in the field of legal affairs of the financial sector.
David Zarandia joined FINCA Georgia in 2006 and during 11 years he was in charge of ensuring compliance of FINCA Georgia activities with respective legal requirements. He actively participated in the key transformation processes of the company – FINCA transformation into microfinance organization in 2007 and transformation from microfinance organization into a commercial bank in 2013.
For several years David led legal support and problem loans management functions. As a bank corporate secretary, he worked on an implementation of the modern corporate management model. Prior to his career in FINCA Georgia David’s activity covered legal consulting and litigation in finance, energy, and medical law fields.
David Zarandia graduated from Ivane Javakhishvili Tbilisi State University, Georgia. He holds a Master’s Degree in Law (LL.M.) from Köln University (Germany). As of 2006 he is a member of the Georgian Bar Association.
FINCA Impact Finance’s Global Leadership
The FINCA Impact Finance leadership team manages a global organization of more than 10,000 employees