David Amaglobeli ( georg. დავით ამაღლობელი) is a

Georgian Georgian may refer to: Common meanings * Anything related to, or originating from Georgia (country) ** Georgians, an indigenous Caucasian ethnic group ** Georgian language, a Kartvelian language spoken by Georgians **Georgian scripts, three scrip ...

economist who was acting president of the

National Bank of Georgia The National Bank of Georgia ( ka, საქართველოს ეროვნული ბანკი, ''Sakartvelos Erovnuli Bank’i'') is the central bank of Georgia. Its status is defined by the Constitution of Georgia. According t ...

(NBG) between October 2007 and February 2009.

Biography

Amaglobeli was born on August 8, 1976, in

Tbilisi Tbilisi ( ; ka, თბილისი ), in some languages still known by its pre-1936 name Tiflis ( ), is the capital and the largest city of Georgia, lying on the banks of the Kura River with a population of approximately 1.5 million p ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

. In 1998 he graduated with a diploma in economics from

Tbilisi State University Ivane Javakhishvili Tbilisi State University ( ka, ივანე ჯავახიშვილის სახელობის თბილისის სახელმწიფო უნივერსიტეტი ''Ivane Javaxishvi ...

and in 2001 he received the degree of Master of Science in Economics from

Oregon State University Oregon State University (OSU) is a public land-grant, research university in Corvallis, Oregon. OSU offers more than 200 undergraduate-degree programs along with a variety of graduate and doctoral degrees. It has the 10th largest engineering c ...

. In 1998-1999 David Amaglobeli worked as an economist at the committee of economic policy and reforms at the

Parliament of Georgia The Parliament of Georgia ( ka, საქართველოს პარლამენტი, tr) is the supreme national legislature of Georgia. It is a unicameral parliament, currently consisting of 150 members; of these, 120 are proporti ...

and in 1999-2001, in parallel to his graduate studies, he worked as a research/teaching assistant. In 2001-02 David Amaglobeli worked as the department head at the ministry of tax revenues of Georgia and in 2002-03 as a consultant to the government of Georgia on fiscal and monetary policy issues for the state commission responsible for the development of poverty reduction and growth program. From January 2004 David Amaglobeli worked as a fiscal economist at the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

local office in Tbilisi and the same year he was appointed as a deputy minister of finance. From March 2005 till October 2009 David Amaglobeli served as a deputy governor and from October 2007 till February 2009 as acting governor of the NBG. In his capacity of the governor of the NBG, David Amaglobeli initiated various legislative and institutional reforms. In particular, inflation targeting was adopted as the monetary policy regime, monetary policy committee and main policy interest rate were introduced, a transparent foreign currency auction system was adopted as the main instrument for market interventions. As a result of institutional reforms the size of staff was significantly reduced, and payment systems (cash and cash free) and reserve management reform projects were initiated. During David Amaglobeli’s tenure at the NBG, the country experienced severe exogenous shocks. Despite the severe consequences from war with Russia in August 2008 and from the deepening of the global financial crisis in September 2008, the country maintained macroeconomic and banking sector stability.

External links

Official biography of the Governor of the National Bank of Georgia
{{DEFAULTSORT:Amaglobeli, David 1976 births Presidents of the National Bank of Georgia Living people Businesspeople from Tbilisi Economists from Georgia (country)