Identifier
Created
Classification
Origin
07TBILISI2855
2007-11-16 15:50:00
UNCLASSIFIED
Embassy Tbilisi
Cable title:
LADO GURGENIDZE NAMED NEW PRIME MINISTER OF GEORGIA
how-toVZCZCXRO8493 OO RUEHAG RUEHAST RUEHDA RUEHDBU RUEHDF RUEHFL RUEHIK RUEHKW RUEHLA RUEHLN RUEHLZ RUEHPOD RUEHROV RUEHSR RUEHVK RUEHYG DE RUEHSI #2855 3201550 ZNR UUUUU ZZH O 161550Z NOV 07 FM AMEMBASSY TBILISI TO RUEHC/SECSTATE WASHDC IMMEDIATE 8203 INFO RUEHZL/EUROPEAN POLITICAL COLLECTIVE PRIORITY
UNCLAS TBILISI 002855
SIPDIS
SIPDIS
DEPT FOR EUR/CARC AND EUR/FO
E.O. 12958: N/A
TAGS: PGOV PREL PINR GG
SUBJECT: LADO GURGENIDZE NAMED NEW PRIME MINISTER OF GEORGIA
---------------------------
Georgia's New Prime Minister
----------------------------
UNCLAS TBILISI 002855
SIPDIS
SIPDIS
DEPT FOR EUR/CARC AND EUR/FO
E.O. 12958: N/A
TAGS: PGOV PREL PINR GG
SUBJECT: LADO GURGENIDZE NAMED NEW PRIME MINISTER OF GEORGIA
--------------
Georgia's New Prime Minister
--------------
1. (U) Lado Gurgenidze was named the new Prime Minister of
Georgia November 16, replacing Zurab Noghaideli. Gurgenidze
has been Chairman of the Supervisory Board of the Bank of
Georgia, a Tbilisi commercial bank, since May 2006. Prior to
that he was the bank's Chief Executive Officer. He currently
serves as Chairman on the Supervisory Board of Galt and
Taggart Securities and Galt and Taggart Capital, an
investment house, and is a member of the Supervisory Board of
the Georgian Stock Exchange. While the timing Gurgenidze's
appointment is unexpected, he is known to be pro-Western and
pro-business and it is likely his selection as Prime Minister
will be seen as a positive change in the government.
2. (U) Gurgenidze has ten years of investment banking
experience. Prior to joining the Bank of Georgia, he worked
as the Managing Director and Regional Manager for Europe at
National Bank of Canada's Putnam Lovell NBF, a boutique
investment banking firm focused on the financial services
sector. He also held positions at ABN AMRO Corporate Finance
as Director of Russia and CIS and Director of Mergers and
Acquisitions in the Emerging European Markets, and in
corporate finance at MeesPierson, a Dutch bank.
3. (U) Born in Tbilisi, Gurgenidze left in 1990 to study in
the United States. He attended Middlebury College and
received an MBA from Emory University. He is a dual national
of Georgia and the UK.
4. (U) When the President announced his appointment of
Gurgenizde, he hinted that more changes in the government
could be announced over the weekend.
--------------
PM Nogaideli Leaves Office
--------------
4. (U) Prime Minister Nogaideli underwent surgery in the
United States in April 2007. The press has reported that his
doctors suggested he stop working.
TEFFT
SIPDIS
SIPDIS
DEPT FOR EUR/CARC AND EUR/FO
E.O. 12958: N/A
TAGS: PGOV PREL PINR GG
SUBJECT: LADO GURGENIDZE NAMED NEW PRIME MINISTER OF GEORGIA
--------------
Georgia's New Prime Minister
--------------
1. (U) Lado Gurgenidze was named the new Prime Minister of
Georgia November 16, replacing Zurab Noghaideli. Gurgenidze
has been Chairman of the Supervisory Board of the Bank of
Georgia, a Tbilisi commercial bank, since May 2006. Prior to
that he was the bank's Chief Executive Officer. He currently
serves as Chairman on the Supervisory Board of Galt and
Taggart Securities and Galt and Taggart Capital, an
investment house, and is a member of the Supervisory Board of
the Georgian Stock Exchange. While the timing Gurgenidze's
appointment is unexpected, he is known to be pro-Western and
pro-business and it is likely his selection as Prime Minister
will be seen as a positive change in the government.
2. (U) Gurgenidze has ten years of investment banking
experience. Prior to joining the Bank of Georgia, he worked
as the Managing Director and Regional Manager for Europe at
National Bank of Canada's Putnam Lovell NBF, a boutique
investment banking firm focused on the financial services
sector. He also held positions at ABN AMRO Corporate Finance
as Director of Russia and CIS and Director of Mergers and
Acquisitions in the Emerging European Markets, and in
corporate finance at MeesPierson, a Dutch bank.
3. (U) Born in Tbilisi, Gurgenidze left in 1990 to study in
the United States. He attended Middlebury College and
received an MBA from Emory University. He is a dual national
of Georgia and the UK.
4. (U) When the President announced his appointment of
Gurgenizde, he hinted that more changes in the government
could be announced over the weekend.
--------------
PM Nogaideli Leaves Office
--------------
4. (U) Prime Minister Nogaideli underwent surgery in the
United States in April 2007. The press has reported that his
doctors suggested he stop working.
TEFFT