Bank Georgia Group PLC announced that in accordance with the National Bank of Georgia's Code of Corporate Governance for Commercial Banks and the Group's mirror board structure, Cecil Quillen, an independent non-executive director and a member of the Remuneration Committee, will replace Hanna Loikkanen as Chair of the Remuneration Committee, effective from 1 January 2023. Hanna Loikkanen will remain a member of the Remuneration Committee. The membership of the Remuneration Committee is otherwise unchanged.
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