The Board of the National Bank of Georgia has appointed Ekaterine Mikabadze as First Vice-Governor and confirmed that Nino Jeladze will move from the Board to the executive branch to take up a Vice-Governor role. Jeladze was recently elected as a member of the National Bank of Georgia Board. The appointments follow the President of Georgia, Mikheil Kavelashvili, naming Natia Turnava as Governor after her candidacy was proposed by the Board, which has nine members and was recently refreshed with four new members approved by the Parliament of Georgia on February 6.