Tashkent, Uzbekistan (UzDaily.uz) — Irakli Elashvili has been approved as chairman of the management board of Asakabank. He previously served as deputy chairman of the management board of Ipoteka Bank, part of OTP Group, the bank’s press service reported.
According to the bank, Elashvili has more than 20 years of international experience in banking and finance. He graduated from Tbilisi State University in 2002 and later earned a Master of Business Administration (MBA) degree from London Business School.
Over the course of his career, Elashvili worked at Barclays Capital, TBC Capital, FINCA Bank and Alpha Capital Advisory. He also served on the supervisory board of Hamkorbank.
In December 2024, Elashvili was appointed deputy chairman of the management board of Ipoteka Bank. He left the position in September 2026.
Asakabank said that under its new chairman, it plans to continue its transformation, improve corporate governance, increase operational efficiency and develop digital banking services.
Other priorities include strengthening financial stability, improving customer service, expanding cooperation with international financial institutions and preparing for privatisation.
Asakabank announced an open competition for the position of chairman of the management board on 26 February 2026. The bank’s previous head, Kudratilla Tulyaganov, who had held the position since February 2023, was appointed hokim of Tashkent’s Almazar district in the same month.
