Goga Melikidze Departs Pension Agency for Private Sector Role

As of December 2024, Chief Investment Officer Goga Melikidze has officially stepped down from his position at the Pension Agency. According to the agency, Melikidze will continue his career in the private sector, focusing on opportunities in Central Asia.

Levan Verdzeuli, who has served as Deputy Head of the Investment Service at the Pension Agency since 2020, will assume the duties of Chief Investment Officer. The appointment comes following a decision by the Investment Council.

“The Investment Council extends its gratitude to Goga Melikidze for his five years of exemplary service, during which he played an instrumental role in achieving remarkable investment results and building a highly competent team,” stated Olivier Rousseau, Chairman of the Investment Council.

Melikidze joined the Pension Agency in April 2020. Under his leadership, the investment team was pivotal in successfully implementing pension reforms and managing pension assets prudently. During his tenure, the volume of pension assets exceeded 6.0 billion GEL, generating an investment profit of over 1.4 billion GEL.

The Pension Agency team expressed its appreciation for Melikidze's significant contributions and extended their best wishes for his future endeavors in the private sector.