{"id":11364,"date":"2025-10-21T10:08:11","date_gmt":"2025-10-21T05:08:11","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/"},"modified":"2025-10-21T10:08:11","modified_gmt":"2025-10-21T05:08:11","slug":"the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/","title":{"rendered":"The former head of the \u201cTashkent\u201d exchange, Paresishvili, has joined the supervisory board of Kapitalbank"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>Paresishvili is a prominent figure in the regional financial sector, with experience in managing stock markets in Georgia and Uzbekistan. His transfer to the supervisory board of one of the country&#8217;s largest private banks could strengthen strategic expertise and dialogue with the capital market. The appointment of the ex-head of the exchange to a large bank is another marker of the gradual convergence of the banking sector and the stock market.  <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>On October 16, Kapitalbank shareholders elected Georgy Paresishvili as an independent member of the supervisory board for a period of 3 years.<\/li>\n<li>The appointment will take effect after the candidate is approved by the Central Bank.<\/li>\n<li>In September 2025, Paresishvili <a href=\"https:\/\/frank.uz\/en\/news-en\/the-head-of-the-tashkent-stock-exchange-has-resigned\/\">left the post<\/a> of Chairman of the Board of the Republican Stock Exchange \u201cTashkent\u201d \u2014 after the expiration of his three-year contract.<\/li>\n<li>In January, he announced the need for \u201cserious institutional reforms\u201d for the full functioning of the capital market.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p>Georgi Paresishvili previously headed the Georgian Stock Exchange, and since 2022, he has headed the Republican Stock Exchange \u201cTashkent\u201d. Kapitalbank is one of the largest private banks in Uzbekistan, actively developing digital services and corporate products. Appointment to the supervisory board can be part of a strategy to strengthen corporate governance and enter the public equity market.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former head of the Republican Stock Exchange, Georgy Paresishvili, has become an independent member of the Supervisory Board of Kapitalbank. The candidacy still needs to be approved by the Central Bank. <\/p>\n","protected":false},"author":4,"featured_media":8540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/68f7345491a43.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":8540,"YlB8HH34jIzY":"The former head of the \u201cTashkent\u201d exchange, Paresishvili, has joined the supervisory board of Kapitalbank"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2081,2079,3333],"class_list":["post-11364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-cb","tag-finance","tag-kapitalbank-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The former head of the \u201cTashkent\u201d exchange, Paresishvili, has joined the supervisory board of Kapitalbank &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Former head of the Republican Stock Exchange, Georgy Paresishvili, has become an independent member of the Supervisory Board of Kapitalbank. The candidacy still needs to be approved by the Central Bank.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The former head of the \u201cTashkent\u201d exchange, Paresishvili, has joined the supervisory board of Kapitalbank\" \/>\n<meta property=\"og:description\" content=\"Former head of the Republican Stock Exchange, Georgy Paresishvili, has become an independent member of the Supervisory Board of Kapitalbank. The candidacy still needs to be approved by the Central Bank.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-21T05:08:11+00:00\" \/>\n<meta name=\"author\" content=\"Azamat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azamat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/\",\"name\":\"The former head of the \u201cTashkent\u201d exchange, Paresishvili, has joined the supervisory board of Kapitalbank &#8212; Frank.uz\",\"isPartOf\":{\"@id\":\"https:\/\/frank.uz\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-former-head-of-the-tashkent-exchange-paresishvili-has-joined-the-supervisory-board-of-kapitalbank\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2025\/09\/f26c805757fde4a00741b.jpg\",\"datePublished\":\"2025-10-21T05:08:11+00:00\",\"author\":{\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67\"},\"description\":\"Former head of the Republican Stock Exchange, Georgy Paresishvili, has become an independent member of the Supervisory Board of Kapitalbank. 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