Georgian Banker Irakli Elashvili Becomes CEO of Asakabank, One of Uzbekistan’s Largest Banks

Georgian banker Irakli Elashvili has been appointed Chairman of the Management Board (CEO) of Uzbekistan’s state-owned Asakabank. The appointment was announced by the bank’s press service. According to the bank, Elashvili brings more than 20 years of international experience in banking and finance.

The bank said his priorities will include strategic development, continuing its transformation, strengthening corporate governance and improving operational efficiency. Particular attention will be given to developing digital banking services and expanding cooperation with international financial institutions.

Elashvili previously served as Deputy Chairman of the Management Board at Uzbekistan’s Ipoteka Bank, part of OTP Group, where he led corporate banking and markets. According to the bank’s official information, he had held the position since 2025. His departure was announced in September 2026.

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Georgian Banker Irakli Elashvili Becomes CEO of Asakabank, One of Uzbekistan’s Largest Banks

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