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South Caucasus News

National Bank Bleeds Managers


National Bank of Georgia bleeds managers as staff exodus from financial regulator continues.

Eka Berianidze, the head of the Supervisory Policy Department’s Regulatory Policy Development Division, resigned from her position. Berianidze confirmed her resignation to a business news portal bm.ge. Berianidze has been working on several positions at the NBG since 2016. She was involved in the development of the competition regulatory acts in the financial sector.

On October 10, Tamar Kusikashvili, the head of the Legal Department, also left the NGB. “I confirm (the resignation), but will not make any further comments on it,” – Tamar Kusikashvili said.

Earlier, at the end of September, Gvantsa Tskitishvili, the head of the Human Resources Management Department also resigned.

The exodus of personnel from the financial regulator started shortly after the acting NBG President Natia Turnava introduced the changes in the sanctions’ enforcement rules, according to which the “Georgian citizen can not be subjected to international sanctions unless convicted by a Georgian court.” The amended regulation effectively shielded the former Prosecutor General of Georgia, Otar Parskhaladze, sanctioned by the U.S Treasury Department.

Turnava’s controversial decision led to the prompt resignation of three NBG Vice-Presidents, Papuna Lezhava, Archil Mestvirishvili, and  Nikoloz Gagua, followed by the NBG head’s adviser Giorgi Bakradze.


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Audio Review - South Caucasus News

What we know about Andrey Troshev, the man Putin proposed as the new Wagner boss


Russian President Vladimir Putin has proposed to Wagner Group fighters that a senior mercenary named Andrey Troshev now command the private military group, according to comments the Russian leader made to the Kommersant newspaper.

Putin appears to have created a split between senior fighters from the Wagner mercenary group and its leader Yevgeny Prigozhin since its failed uprising last month – at least in terms of the narrative emerging from his comments to the Kommersant.

The paper was reporting on a meeting held by the Russian president five days after the Wagner rebellion collapsed at the end of June – a meeting attended by Prigozhin and several dozen senior Wagner combatants.

According to Kommersant, Putin told dozens of Wagner mercenaries in the meeting that among the multiple employment choices he offered to them, one included them continuing to fight under their direct commander, a man who goes by the call sign, ‘Sedoy,’ meaning ‘grey hair.’

“They could have all gathered in one place and continued to serve,” Putin said, “and nothing would have changed for them. They would be led by the same person who has been their real commander all along.”

“And what happened then?” the Kommersant reporter said in reply to Putin. “Many people nodded [affirmatively] when I said that,” Putin replied.

Sedoy is the call sign of Andrey Troshev, a retired Russian colonel and a founding member and Executive Director of the Wagner Group, according to sanctions documents published by the European Union and France.

European Union sanctions concerning the situation in Syria detail Troshev’s position as the chief of staff of the Wagner Group operations in Syria, which supported the Syrian regime.

Troshev was born in April 1953 in Leningrad, in the former Soviet Union, according to the EU sanctions from December 2021.

“Andrey Troshev is directly involved in the military operations of the Wagner Group in Syria. He was particularly involved in the area of Deir ez-Zor,” it added. “As such, he provides a crucial contribution to Bashar al-Assad’s war effort and therefore supports and benefits from the Syrian regime.”

United Kingdom sanctions from June 2022 also say “Andrey Nikolaevich Troshev was the Chief Executive of the Wagner Group. Therefore, he has supported the Syrian regime, was a member of a militia, and has repressed the civilian population in Syria.”

His associates include Wagner Group founder Dimitriy Utkin, who is also a former Russian GRU military intelligence officer, according to EU sanctions. Troshev is also associated with Wagner group commanders Aleksandr Sergeevich Kuznetsov and Andrey Bogatov.

‘Grey hair’ is also a former employee of the special rapid response detachment of the Russian Interior Ministry’s Northwestern Federal District, according to Russian online news outlet Fontanka. He is also a veteran of the wars in Chechnya and Afghanistan.

For his service in Afghanistan, Troshev was awarded two Orders of the Red Star – a Soviet Union decoration for exceptional service. For service in the operation in Chechnya, he was awarded two Orders of Courage and a medal of the Order of Merit for the Fatherland, 2nd degree, according to Russian media.

Troshev was among those invited to a reception at the Kremlin in December 2016. A photograph, believed to be from that 2016 reception, emerged in Russian media in 2017 and shows Putin alongside Troshev and Utkin, who are both wearing several medals.

Members of Wagner group sit atop of a tank in a street in the city of Rostov-on-Don, on June 24, 2023.

Ukraine imposed sanctions against Troshev on February 26, 2023.

Meanwhile, the fate of Wagner boss Prigozhin remains unclear. Prigozhin had reportedly traveled to Belarus as part of a deal brokered by Belarusian President Alexander Lukashenko following the failed uprising, but the Belarusian president told CNN last week the Wagner leader is now in Russia.

Footage purporting to show a police raid on Prigozhin’s premises in St. Petersburg has also raised questions about his status. Prigozhin has not been seen in public since June 2.


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Selected Articles

What we know about Andrey Troshev, the man Putin proposed as the new Wagner boss


Russian President Vladimir Putin has proposed to Wagner Group fighters that a senior mercenary named Andrey Troshev now command the private military group, according to comments the Russian leader made to the Kommersant newspaper.

Putin appears to have created a split between senior fighters from the Wagner mercenary group and its leader Yevgeny Prigozhin since its failed uprising last month – at least in terms of the narrative emerging from his comments to the Kommersant.

The paper was reporting on a meeting held by the Russian president five days after the Wagner rebellion collapsed at the end of June – a meeting attended by Prigozhin and several dozen senior Wagner combatants.

According to Kommersant, Putin told dozens of Wagner mercenaries in the meeting that among the multiple employment choices he offered to them, one included them continuing to fight under their direct commander, a man who goes by the call sign, ‘Sedoy,’ meaning ‘grey hair.’

“They could have all gathered in one place and continued to serve,” Putin said, “and nothing would have changed for them. They would be led by the same person who has been their real commander all along.”

“And what happened then?” the Kommersant reporter said in reply to Putin. “Many people nodded [affirmatively] when I said that,” Putin replied.

Sedoy is the call sign of Andrey Troshev, a retired Russian colonel and a founding member and Executive Director of the Wagner Group, according to sanctions documents published by the European Union and France.

European Union sanctions concerning the situation in Syria detail Troshev’s position as the chief of staff of the Wagner Group operations in Syria, which supported the Syrian regime.

Troshev was born in April 1953 in Leningrad, in the former Soviet Union, according to the EU sanctions from December 2021.

“Andrey Troshev is directly involved in the military operations of the Wagner Group in Syria. He was particularly involved in the area of Deir ez-Zor,” it added. “As such, he provides a crucial contribution to Bashar al-Assad’s war effort and therefore supports and benefits from the Syrian regime.”

United Kingdom sanctions from June 2022 also say “Andrey Nikolaevich Troshev was the Chief Executive of the Wagner Group. Therefore, he has supported the Syrian regime, was a member of a militia, and has repressed the civilian population in Syria.”

His associates include Wagner Group founder Dimitriy Utkin, who is also a former Russian GRU military intelligence officer, according to EU sanctions. Troshev is also associated with Wagner group commanders Aleksandr Sergeevich Kuznetsov and Andrey Bogatov.

‘Grey hair’ is also a former employee of the special rapid response detachment of the Russian Interior Ministry’s Northwestern Federal District, according to Russian online news outlet Fontanka. He is also a veteran of the wars in Chechnya and Afghanistan.

For his service in Afghanistan, Troshev was awarded two Orders of the Red Star – a Soviet Union decoration for exceptional service. For service in the operation in Chechnya, he was awarded two Orders of Courage and a medal of the Order of Merit for the Fatherland, 2nd degree, according to Russian media.

Troshev was among those invited to a reception at the Kremlin in December 2016. A photograph, believed to be from that 2016 reception, emerged in Russian media in 2017 and shows Putin alongside Troshev and Utkin, who are both wearing several medals.

Members of Wagner group sit atop of a tank in a street in the city of Rostov-on-Don, on June 24, 2023.

Ukraine imposed sanctions against Troshev on February 26, 2023.

Meanwhile, the fate of Wagner boss Prigozhin remains unclear. Prigozhin had reportedly traveled to Belarus as part of a deal brokered by Belarusian President Alexander Lukashenko following the failed uprising, but the Belarusian president told CNN last week the Wagner leader is now in Russia.

Footage purporting to show a police raid on Prigozhin’s premises in St. Petersburg has also raised questions about his status. Prigozhin has not been seen in public since June 2.


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South Caucasus News

Gaza faces humanitarian crisis as power plant runs out of fuel amid Israeli siege


The Gaza Strip is on the brink of a humanitarian disaster as its only power plant is expected to run out of fuel within hours, leaving the territory without electricity after Israel cut off supplies. The Israeli blockade has also prevented the entry of food, medicine and other essential goods into the besieged enclave, where more than 800 Palestinians have been killed in five days of relentless airstrikes by Israel.

The power plant, which provides about half of Gaza’s electricity, has been operating on a reduced capacity since Israel stopped the transfer of fuel on Sunday, following a surprise attack by Hamas that killed over 900 Israelis and took dozens of captives. The plant relies on diesel fuel imported from Israel through the Kerem Shalom crossing, which has been closed since Monday.

An official from the Gaza Energy Authority said the plant would shut down completely by Wednesday afternoon, plunging Gaza into darkness and affecting all basic life services, including water supply, sewage treatment, health care and communications. He said there was no alternative source of fuel for the plant or for the generators that many Palestinians use to cope with the chronic power shortages.

The lack of electricity will also hamper the efforts of rescue workers and medical staff to reach and treat the wounded and retrieve the bodies from under the rubble of buildings destroyed by Israeli bombs. According to the Gaza Health Ministry, at least 830 Palestinians, including 260 children, have been killed and more than 5,000 injured since Saturday. The ministry said it was running out of medical supplies and equipment, and appealed for urgent international assistance.

The war has also sparked fears of a regional escalation, as Israel has exchanged fire with Hezbollah in Lebanon and Syria in recent days.


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South Caucasus News

MFA: PM Pashinyan’s allegations against Azerbaijan makes clear … – Aze Media


MFA: PM Pashinyan’s allegations against Azerbaijan makes clear …  Aze Media

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South Caucasus News

Armenian PM flies to Granada for six hours, joins hollow meeting … – Trend News Agency


Armenian PM flies to Granada for six hours, joins hollow meeting …  Trend News Agency

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South Caucasus News

No. 1 Georgia ready to roll again at Vanderbilt – La Grande Observer


No. 1 Georgia ready to roll again at Vanderbilt  La Grande Observer

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South Caucasus News

President Ilham Aliyev harshly criticizes France: We don’t need such … – Trend News Agency


President Ilham Aliyev harshly criticizes France: We don’t need such …  Trend News Agency

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South Caucasus News

Azerbaijani SSS Chief informed Heads of CIS Council of Security … – APA


Azerbaijani SSS Chief informed Heads of CIS Council of Security …  APA

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South Caucasus News

Baku hosts next meeting of CIS Council of Heads of Security … – APA


Baku hosts next meeting of CIS Council of Heads of Security …  APA