– UK, London – TBC Bank Group PLC (LON: TBCG) today announced the appointment of Abhijit Akerkar to its Board as an Independent Non-Executive Director with immediate effect.
“We are delighted to welcome Abhijit Akerkar to TBC. Abhijit brings digital and machine intelligence skills and a wide-range of global experience to the board that we believe will prove valuable for the future development of the group”. said Board Chairman, Nikoloz Enukidze.
Mr. Akerkar is also appointed as a member of the Supervisory Board of JSC TBC Bank.
About Abhijit Akerkar
Mr Akerkar is an influential thought leader in Artificial Intelligence in banking and has 25 years of cross-disciplinary global experience operating at a strategic level at the forefront of technology with Lloyds Banking Group, McKinsey and Company, and HCL Technologies.
At Lloyds Banking Group, he drove the safe scaling and integration of machine intelligence across Retail, Commercial, and Insurance businesses. He has been serving as an Expert Advisor to All Party Parliamentary Committee on Artificial Intelligence over the last three years. His thoughts on generating value from Artificial Intelligence have been published by leading institutes. Earlier at McKinsey & Co, he partnered with companies around the world at the board and executive levels to set strategy, unlock the power of data, and transform organisations. Previously, he built and grew tech-enabled businesses in Europe and Asia for HCL Technologies.
About TBC Bank Group PLC
TBC Bank Group PLC is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC 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 FTSE4Good Index Series.
TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.4% of loans and 39.8% of non-banking deposits as of 31 March 2020, according to data published by the National Bank of Georgia.
For more information: https://www.tbcbankgroup.com
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