Mikheil lomtadze

Mikheil Lomtadze (Georgian: მიხეილ ლომთაძე, born October 17, 1975, in Batumi, Georgian SSR, USSR) is a technology entrepreneur,. investor, co-founder, shareholder and Chairmanof the Management Board in Kaspi.kz, shareholder and Chairman of Supervisory Board of merged Kolesa, Krisha, Market company. 
Member of Harvard Business School Middle East & North Africa Advisory Board.https://www.hbs.edu/globalactivities/Shared%20Documents/archive/2019%20Global%20Activities%20Report.pdf Mikheil is one of the top-ten most influential businessmen of Kazakhstan 
==Education==
Mikheil Lomtadze holds a BBA degree from European School of Management (Georgia, Tbilisi) in 1997 and MBA degree from Harvard Business School in 2002.
==Early career==
Mikheil Lomtadze established his first company Georgia Consulting Group Audit in 1995, while being a student. The company provided audit and consulting services. In 2002, Lomtadze successfully sold the firm, which became part of the Ernst & Young global network.
He then began his career at Russian largest private equity fund Baring Vostok Capital Partners – first as a project manager and then as a partner. 
===Kaspi.kz===
Mikheil has transformed Kaspi Bank, which has been around since 1991, into Kaspi.kz, a highly profitable fintech. He “refounded” and incorporated Kaspi.kz Joint Stock Company in 2008 and has decisively revolutionized the traditional business. 
Lomtadze saw a competitive advantage of Kaspi in technologies and service, reallocated resources, rebranded https://kase.kz/files/emitters/CSBN/csbnf9_draft.pdf the company and began building the business ecosystem. For now it combines a number of services for individuals and retail companies, provides an online platform for goods purchase and sale and a mobile app in addition to the standard banking products – deposits, loans and payment transfers 
In 2018, Lomtadze announced plan to hold an IPO, and a year later he postponed London listing due to uncertainty in international stock markets and in the global technology sector, in particular . The move proved fruitful — Kaspi.kz was oversubscribed by five times and valued at $6.5 billion and its IPO was recognized as the second largest and the fourth in all of Europe in 2020 
According to the Kazakh business press, Kaspi.kz managed by Mikheil Lomtadze is among the most successful projects in Kazakhstan and plays a significant role in the evolution of second-tier banks of Kazakhstan into marketplaces. 
==Awards==
In December 2012, he was awarded the Order of Kurmet for a significant contribution to the development of the economy and banking system of Kazakhstan.
In December 2021 he was awarded the Order of Friendship for a significant contribution to the social and economic development of Kazakhstan. 
From 2018 to 2021, Mikheil Lomtadze was recognised as the best CEO in Kazakhstan according to the Kazakhstan Growth Forum.
In 2017-2021, Mikhail was recognised as the best business leader of Kazakhstan; according to the respondents of the PricewaterhouseCoopers study, the Chairman of the Management Board Kaspi.kz is a leader in the use of advanced technologies in Kazakhstan, and has such characteristics as adaptive traits, strategic vision and focus on customer.
In June 2020, he was awarded the People’s Gratitude medal for a significant contribution to COVID-19 pandemic response in Kazakhstan. Vyacheslav Kim and Mikheil Lomtadze, the founders of Kaspi.kz, provided financial support to the coronavirus-busting effort by allocating 100 million tenge to the healthcare system of the Republic of Kazakhstan for purchasing rapid antigen tests and ventilators, as well as providing free 100 ambulances. 
In 2020, for the first time in its history, the Forbes Kazakhstan magazine announced two winners of the Businessman of the Year Award – Vyacheslav Kim, the founder of Kaspi.kz, and Mikheil Lomtadze, the Chairman of the Management Board of the company. According to the editorial team, a key factor in selecting two representatives of the same company was an unprecedented successful of Kaspi.kz on the London Stock Exchange in October 2020.
Category:1975 births
Category:People from Batumi
Category:Harvard Business School alumni
Category:Investors
Category:Company founders
Category:Shareholders