User:Damon-KZ/sandbox

Mikheil Nugzarovich Lomtadze (Georgian: მიხეილ ნუგზარის ძე ლომთაძე, born October 17, 1975 in Batumi, Georgian SSR, USSR) is a technology entrepreneur ; investor ; cofounder, shareholder and chairman of the Board in Kaspi.kz ; shareholder and chairman of Supervisory Board of the merged Kolesa, Krisha, Market company. According to Forbes Kazakhstan ranking, he takes the number 3 spot among the Top-50 Richest Businessmen of Kazakhstan, worth $3,900 million, and the number 10 spot among The Most Influential Businessmen of Kazakhstan. In 2021, he was included for the first time in the Forbes’s list of the world’s billionaires, rated 956th

Education
Mikheil graduated with BBA degree from European School of Management (Georgia, Tbilisi) in 1997 and with MBA degree from Harvard Business School in 2002.

Early career
1995-2000: While being a student, founded the auditing and consulting company Georgia Consulting Group Audit in Tbilisi.

In 2002, the company became part of Ernst & Young global network.

2002-2004: Investment project manager at Baring Vostok Capital Partners.

2004-2016: Partner at Baring Vostok Capital Partners. Managed investments in Europlan, Center of Financial Technologies Business guide, and Bank Kaspiyskiy.

2003-2005: Head of Russian Venture Capital Association

2003-2006: Chairman of the Board of Directors of Europlan, the Russian leasing company. Made a $20 million deal to acquire Kelvin, a leasing subsidiary of Rolf Group of Companies

Kaspi.kz
From May 29, 2006 up to the present: A member of the Board of Directors of Kaspi Bank, formerly Bank Kaspiyskiy JSC.

July 24, 2007 - November 20, 2018: Chairman of the Management Board of Kaspi Bank.

From 2018 up to the present: Shareholder and chairman of the Management Board of Kaspi.kz JSC. The Kaspi.kz Ecosystem under the leadership of Mikheil Lomtadze combines a number of services for individuals and retail companies. It provides an online platform for goods purchase and sale and a mobile banking app in addition to the standard banking products – deposits, loans, and payment transfers. Mikheil Lomtadze is considered to be the number one person responsible for Kaspi transformation from a corporate bank to a tech giant, successful project in Kazakhstan As Kazakh business press observers believe, Kaspi.kz under the leadership of Mikheil has a significant role to play in evolution of Kazakhstan second-tier banks into marketplaces.

On February 21, 2020, President of Kazakhstan Kassym-Jomart Tokayev held a meeting with Vyacheslav Kim and Chairman of the Kaspi.kz Board Mikheil Lomtadze, at which discussions addressed the digital service development strategy, prospects for e-commerce growth in Kazakhstan and the Company’s plans to support small and medium-sized businesses. The President emphasized the importance of using technological innovations in Kaspi.kz activities One year later, on February 26, 2021, President of Kazakhstan Kassym-Jomart Tokayev held a second meeting with the Kaspi.kz founders Vyacheslav Kim and Mikheil Lomtadze during which promising areas of joint activity of the state bodies and Kaspi.kz were identified, including in the development of non-cash payments in Kazakhstan.

In February 2021, Mikheil Lomtadze participated in the plenary session of the annual International Forum Digital Almaty 2021: Digital Reset: Leap to the Next Reality, where political leaders, heads of major IT companies, and international experts discussed the digital agenda of the Eurasian Economic Union.

Other projects
2006-2010: A member of the Board of the Center of Financial Technologies, Russia.

In February 2013, Mikheil Lomtadze together with Vyacheslav Kim acquired the merged Kolesa, Krisha, Market company for $15 million. Changed owners of websites and Newspapers the Kolesa and the Roof, and became the Chairman of the Supervisory Board.

In March 2017, Vyacheslav Kim together with Mikheil Lomtadze donated an extensively repaired building with an area of 1,400 square meters to the ‘We will Win Autism’ Project.

In 2017, Mikheil Lomtadze invested more than 1 million roubles in Automama.ru, the retail network of used vehicles.

In May 2019, Mikheil Lomtadze became a member of Harvard Business School Advisory Board for Central Asia, Turkey, Middle East and North Africa.

Awards and honours
The Order of Kurmet (December 22, 2014) – for significant contribution to development of the economy and domestic banking system.

In 2018 and 2019, Mikheil Lomtadze was recognised as the best CEO in Kazakhstan according to the Kazakhstan Growth Forum.

In 2019 and 2020, Mikheil was recognised as the best business leader in Kazakhstan according the findings of the survey by the auditing company PricewaterhouseCoopers – the respondents called the Chairman of the Kaspi.kz Management Board a leader in the use of new technologies in Kazakhstan pointing out such his qualities as adaptability, strategic vision and customer focus.

Halyk Algysy Medal (June 24, 2020) – for significant contribution to the fight against the COVID-19 pandemic.

In 2020, for the first time in their history the Forbes Kazakhstan awarded ‘Businessman of the Year’ to two entrepreneurs at the same time – Kaspi.kz cofounder Vyacheslav Kim and board chairman Mikheil Lomtadze.