Georgian Pension Agency's Investment Board elects new chairman

Olivier Russo is a new chairman of the Georgian Pension Agency’s Investment Board and his first deputy will be Jean-Frederick Polsen. Photo: Pension Agency., 08 Jul 2019 - 16:13, Tbilisi,Georgia

The Georgian Pension Agency’s Investment Board has elected a new chair – Olivier Russo. 

His first deputy will be Jean-Frederick Polsen, announced the director of the pension agency, Levan Surguladze. 

Russo and Polsen are among the five members of the Pension Agency's Investment Board who were elected by the parliament of Georgia to the body last month. The other members are Timo Wiherkenta, Michael Ridley and David Tsiklauri.

Russo is the CEO of the French Reserve Fund for the Pension System, while Polsen is a chairman of the supervisory board of the International School of Economics. He also was an advisor of Georgian Minister of Economy in 2017-2019.

Surguladze said that besides electing a new chairman and deputy chairman, the board also discussed the current situation of the capital market of Georgia. He said that the members of the board talked about how the investment board will work in the future.