TBC Bank Group PLC TBC Mgmt Completed Strategic Session at Stanford

Data : 02/09/2019 @ 10:43
Fonte : UK Regulatory (RNS & others)
Titolo : Tbc Bank Group Plc (TBCG)
Quotazione : 1320.0  0.0 (0.00%) @ 01:00
Quotazione Tbc Bank Grafico

TBC Bank Group PLC TBC Mgmt Completed Strategic Session at Stanford


RNS Number : 8731K

TBC Bank Group PLC

02 September 2019

                TBC Bank Management Completed Customized Strategic Session at Stanford Graduate School of 
                TBC Bank Group PLC is delighted to announce that its top management and selected members of 
                middle management team comprising of around 30 people completed a custom-designed strategic 
               session at Stanford University Graduate School of Business (GSB), ahead of the Bank's annual 
                                                     strategic review. 
                Stanford Executive Education, a unit within Stanford GSB, designed the exclusive strategic 
          session specifically around TBC's long-term priorities with a focus on ecosystems, agile transformation 
                                                  and change management. 
                        The program lasted for one week and was comprised of the following courses: 
                                               --    Innovation as a process 
                                 --    Designing solutions for customers and for behavior 
                                                  --    Human creativity 
                                             --    Changing the business model 
                                          --    Tech in finance, Rise of FinTech 
                                            --    Exploration and exploitation 
                                                 --    Scaling excellence 
                                             --    Winning through innovation 
                                                 --    Learning in action 
                 The program was designed for TBC based on Stanford Executive Education's custom strategic 
                session approach and was led by William P. Barnett, Thomas M. Siebel Professor of Business 
                Leadership, Strategy, and Organizations at Stanford GSB. The session was completed with the 
               summary of learning and insights on what and how to reflect it in TBC's strategy and everyday 
                William P. Barnett commented: "I went into the program knowing that TBC is in the vanguard 
                 of bringing technology and agile thinking into the financial services industry. But I was 
             still not prepared for what I encountered. The men and women from TBC proved to be unparalleled, 
                 both in the level of their complex discussions and in their commitment to innovation. The 
             world should keep its eye on TBC, as its leaders continue to pioneer new approaches to delighting 
                                      customers and transforming financial services." 
                Vakhtang Butskhrikidze, CEO of TBC Bank, commented: "This was a unique experience that has 
               helped us to look at our businesses and strategic priorities from a variety of perspectives. 
                We are energized with new ideas and are excited to start implementing them in our strategy 
                 and sharing them with the wider team. We look forward to putting them into action for the 
                benefit of our customers across our offering. I would like to thank William Barnett and the 
                                entire faculty for preparation of this important program." 
                                            About Stanford Executive Education: 
                Stanford Graduate School of Business (GSB) annually offers more than 100 short courses and 
                certificate programs through its Stanford Executive Education program. Executive Education 
               programs are targeted at managers and senior executives seeking to enhance leadership skills, 
              fill gaps in knowledge, and innovate within their organizations. These programs engage leaders 
                 in a highly-immersive, research-based academic experience, led by the same senior faculty 
             that teach in the two-year MBA and one-year MSx degree programs. Participants leave with lifelong 
       connections to a global network of peers. Please visit the Executive Education website (www.gsb.stanford.edu) 
                                        for more information on the GSB offerings. 
                                          For further enquiries, please contact: 
                                  Director of International Media and Investor Relations 
                                                       Zoltan Szalai 
                                                Head of Investor Relations 
                                                     Anna Romelashvili 
                                           About TBC Bank Group PLC ("TBC PLC") 
                 TBC PLC is a public limited company registered in England and Wales that was incorporated 
               in February 2016. TBC PLC became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 
              2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent 
                                                    of FTSE 250 Index. 
               TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, 
                with a total market share of 38.5% of loans and 41.0% of non-banking deposits as at 30 June 
                            2019, according to data published by the National Bank of Georgia. 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



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September 02, 2019 04:43 ET (08:43 GMT)

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