Lado Gurgenidze

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Vladimer Gurgenidze
ვლადიმერ გურგენიძე


In office
22 November 2007 – 1 November 2008
President Mikheil Saakashvili
Nino Burjanadze (Acting)
Mikheil Saakashvili
Preceded by Zurab Noghaideli
Succeeded by Grigol Mgaloblishvili

In office
15 September 2004 – 22 November 2007
Succeeded by Nicholas Enukidze

Born 7 December 1970 (1970-12-07) (age 38)
Tbilisi, Georgian SSR, Soviet Union
Political party Independent
Alma mater Tbilisi State University
Middlebury College
Emory University-Goizueta Business School
Occupation Politician
Profession Business executive
Religion Church of Georgia
Website [1]

Vladimer "Lado" Gurgenidze (Georgian: ვლადიმერ (ლადო) გურგენიძე) (born December 17, 1970) is a Georgian politician and businessman, who served as the 17th Prime Minister of Georgia and, thus, the Head of the Government of Georgia. He took office on 22 November 2007 after being invited by the President of Georgia to form a new government. Prior to this Gurgenidze served as the Chairman of the Supervisory Board of Bank of Georgia. Gurgenidze served as the Prime Minister until 1 November 2008 when the Parliament of Georgia approved Grigol Mgaloblishvili on the position of the Prime Minister. Gurgenidze is currently chairing a new commission, which is concentrated on stabilizing the financial sector.[1]

Contents

[edit] Early Life and Career

Lado Gurgenidze was born in Tbilisi, Georgia. He holds dual citizenship of Georgia and of the United Kingdom. Gurgenidze graduated from the Tbilisi State University and Middlebury College as well as obtaining a MBA degree from the Goizueta Business School of Emory University. From 1997 to 1998, he served as the Director of ABN AMRO Corporate Finance in Russia and CIS. In 1998, he moved to London and served in various senior capacities at ABN AMRO Corporate Finance, including as a Managing Director and Head of Technology Corporate Finance (2001-2002) and as a Director and Head of Mergers and Acquisitions in the Emerging European Markets (1998-2000). In July 2003, he joined, as a Managing Director and Regional Manager Europe, Putnam Lovell NBF, a leading global boutique investment banking firm focusing on the financial services sector, wholly-owned by the National Bank of Canada.[2]

After the 2003 Rose Revolution in Georgia, he returned to Tbilisi and worked as a Chief Executive Officer for the Bank of Georgia (BOG) from 2004 to 2006. In May 2006, he was elected a Chairman of the BOG Supervisory Board. He helped the BOG make significant progress and become one of Georgia's leading banks. Gurgenidze received a great deal of publicity in 2006 when he hosted a reality television show The Candidate on Rustavi 2, a Georgian version of Donald Trump’s franchise The Apprentice.

Prime Minister is married to Larissa Gurgenidze and they have four children.

[edit] Prime Minister

Shortly after the 2007 Georgian demonstrations, Gurgenidze was nominated by President Saakashvili to the post of Prime Minister of Georgia on 16 November 2007, after Zurab Noghaideli resigned citing health problems. He was approved by and formally granted the trust of the Parliament of Georgia by a confidence vote on 22 November 2007.

Although this is his first entry into politics, Gurgenidze is reported to have always been on good terms with the authorities, particularly with President Saakashvili, and has even criticized the opposition during the crisis.[3]

[edit] Resignation and business ventures

On October 27, 2008, Gurgenidze resigned from the prime minister's office. The president of Georgia, Mikheil Saakashvili, said that both he and Gurgenidze had taken a "joint decision" in deciding it was best for Gurgenidze to quit, citing constitutional amendments obliged the president to name a new prime minister after parliamentary elections held in May. The president had later reiterated that such Gurgenidze's departure had been planned before the 2008 South Ossetia war.[4] The president added that "Gurgenidze and I came to the mutual decision that he would step down to lead a new anti-crisis commission on the economy."[5] It was also speculated that the moves came after Nino Burjanadze, who had twice served as interim president, said she was going to form a "clear-cut opposition party" to be called the Democratic Movement - United Georgia in order to face up to "threats," and Saakashvili in opposition to his handling of the conflict.[6] His successor, Grigol Mgaloblishvili, was nominated on the day Gurgenidze resigned and confirmed by parliament on 1 November 2008.[7]

In 2009, Gurgenidze together with the Romanian tycoon Dinu Patriciu established a joint venture Liberty Investments Holding B.V., which in September 2009 acquired 91.2% shares of People's Bank of Georgia.[8]

[edit] References

[edit] External links