TBC Bank Group appoints Board member Nicholas Haag as Senior Independent Director

– UK, London –  TBC Bank Group PLC (LON: TBCG) today announced that existing Independent Non-executive Director, Nicholas Haag, has been appointed as Senior Independent Director of the TBC PLC Board and a member of Corporate Governance and Nomination Committee effective from today, 9 August 2019.

About Nicholas Haag

Nicholas Haag has extensive experience working in the financial services industry, with a significant emphasis on equity capital markets and technology. Currently, he serves as an independent non-executive director of Bayport Management Limited and, since 2016, as a director of AS Citadele Banka in Riga. His past experience includes positions as Global Head of technology banking and Head of London Equity Markets at ABN AMRO and Royal Bank of Scotland as well as careers at Barclays Bank, Nomura International, Bank Paribas and ING Barings. Nicholas holds M.A. from the University of Oxford. He has served as an independent non-executive director on the TBC PLC Board since May 2016.

About TBC Bank Group PLC

TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of FTSE 250 Index.

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 38.5% of loans and 41.0% of non-banking deposits as at 30 June 2019, according to data published by the National Bank of Georgia.

For more information: https://www.tbcbankgroup.com

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