Business
Posted: 1 year ago

Global Finance Named Koba Gvenetadze among Best Managers of Central Banks for the 5th Time

The world's leading financial publication, Global Finance, named the president of the National Bank of Georgia, Koba Gvenetadze among the best managers of the world's central banks in 2022 - this is his fifth consecutive award.

Global Finance has been publishing the rating of central bank managers since 1994, and they are graded on a scale from "A" to "F", where "A" means excellent performance and "F" means complete failure. The rating is formed taking into account several important criteria, such as controlling inflation, Economic growth objectives, currency stability and interest rate management This award is widely recognized in the international financial community, reflects the high reputation and successful performance of the awardees and central banks, and has become a recognized and trusted standard of excellent performance for many years.

The President of the National Bank of Georgia was included in Global Finance's ratings for the first time in 2018, and for the fifth year in a row, he is on the list of the best managers of central banks with A and A- ratings. The awarding ceremony of this group of managers is traditionally held in October in Washington, D.C., during the annual meetings of the International Monetary Fund and the World Bank.