CAPS lecturer, Governor of the National Bank of Georgia in 2009-2016, the best central banker in Europe (2014), according to The Banker, Giorgi Kadagidze, has visited on Thursday, November 30, the National Bank of Ukraine.
The National Bank of Georgia, under the leadership of Mr. Kadagidze, faced the same challenges that Ukraine is currently facing, so our colleagues were actively interested in the solutions used in Georgia.
During a meeting with NBU employees, Giorgi Kadagidze spoke about the financial sector reform in Georgia and how he and his team managed to achieve one of the highest levels of confidence in the banking system.
The participants were particularly interested in the currency regulation issues, transformation of the central bank, implementation of corporate governance standards, public communication, methods of team selection and motivation of employees and also Mr. Kadagidze’s views on the future of banking.
As Giorgi Kadagidze said “The central bank cannot implement a comprehensive set of reforms and to ensure steady growth alone, all other institutions has to be reformed. In Georgia we took challenging but inescapable decisions. Today even our opponents recognize this.”
CAP School wants to express our gratitude to Yevhen Stepanyuk and Michael Vidyakin for making this visit happen!