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16.09.09 Galt & Taggart Securities renamed BG Capital



Galt & Taggart Securities is pleased to announce the completion of a broad rebranding strategy: the company has renamed itself BG Capital, reworked and expanded its team of professionals, relocated to a new office, and now announces plans to solidify and expand leading positions on CIS (ex-Russia) capital markets.

In the coming three years BG Capital (formerly Galt & Taggart Securities) plans to become a top-3 Ukrainian investment banking player, and reinforce and expand leading positions in Georgia and Belarus.

Striving towards that objective, BG Capital has adjusted its strategy, which now includes an emphasis on structural integration into commercial banking institutions that are part of Bank of Georgia. Management strongly believes the company is attractively positioned at a time when the market has reached a bottom, and is fully prepared for active growth. An experienced team, access to over 300 international investors, the support of the extensive Bank of Georgia Group network, and the ability to trade on 180 global exchanges are all factors that will contribute to the coming success of BG Capital.

Nick Piazza, CEO, BG Capital: “We’ve reinvested over half a million US dollars of our own funds in company development over the last year, and we’re now prepared to demonstrate to the market what we are capable of. The superior quality of our new team will be clear from the first conversation through to final deal execution, and it will take BG Capital, supported by BG Bank’s private banking services, no time at all to become the best Ukrainian investment bank.”

Eugene Cherviachenko, Head of Business Development, BG Capital: “One look at the individuals within our company and it’s safe to say we have assembled the finest and strongest team in all of Ukraine. Every one of the BG Capital professionals are recognized names in the investment community. Their reputation – that of individuals with significant experience and knowledge in forming long-term, solid relationships within the local business community – is extremely important to us as a public company. Our professionals have amassed considerable experience during both bear and bull markets, and are prepared for the realities of today’s market, to create and provide incomparable products and services.”

Goga Melikidze, Managing Director, BG Capital Georgia: “The company changed its name to highlight the fact it is part of the powerful Bank of Georgia Group network. The name BG, an abbreviation of ‘Bank of Georgia,’ is a clear and positive sign of that.”

 

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