New General Director appointed to Pasha Bank Georgia

Georgian subsidiary of Pasha Bank OJSC has appointed Nikoloz Shurgaia to the position of General Director, Report's local bureau informs.

Nikoloz Shurgaia has been working in the banking sector of Georgia and Azerbaijan for many years. He was also represented in the Supervisory Board of Pasha Bank in 2015-2016.

Before his appointment, Shurgaia headed Yelo Bank in Azerbaijan.

As of December 30, 2020, the assets of Pasha Bank Georgia amounted to 470 million lari. The bank ended last year with a loss of 23.2 million lari.