Mamuka Khazaradze and Badri Japaridze quit Supervisory Board of JSC TBC Bank (“TBC Bank”) with immediate effect. Khazaradze and Japaridze officially submitted resignation letters but will continue to serve as Chairman and Deputy-Chairman of the Board, respectively.
“The process of recruiting and selecting two new members of the Supervisory Board of TBC Bank is underway and appointments will be made in due course,”- reads the statement released by TBC Group.