Mikhail Lomtadze

$5.86B

as of 07/14/25

About Mikhail Lomtadze

Mikhail Lomtadze is a former private equity investor at Russian-focused fund Baring Vostock.

Baring Vostock invested in Kaspi in 2006, and Lomtadze became CEO of Kaspi shortly thereafter.

In October 2020, Kaspi listed on the London Stock Exchange with a $6.5 billion valuation.

Kaspi is the leading digital payments and banking service in Kazakstan, where over 50% of the population use the app.

Kaspi generated revenues of $2.5 billion in 2024.

Personal stats

Citizenship

Georgia

Source of wealth

Fintech

Residence

Almaty

Marital status

Single

Birth date

10/17/75 (age 49)

Education

Master of Business Administration, Harvard Business School

Self-made

self-made