[1] He is CEO of JSC Partnership Fund, a Georgian state-owned investment fund with an asset value of more than $3 billion.

[citation needed] Kovzanadze has published six books and more than 50 articles in economics, including problems of the genesis, development and manifestation of systemic banking crises, their forecasting and prevention.

[citation needed] Being an MP, he served as a chairman of Finance and Budget Committee of the Parliament of Georgia (2004–2008) and as a chairman of the Task Force of EBRD/ OECD on corporate governance of banks in Eurasia (2007–2009).

[citation needed] He has served on the boards of the leading banks in post-Soviet countries and Europe and has advocated reforms of the financial sector of emerging countries.

[citation needed] In March 2023, the Georgian parliament removed the mandates of Kovzanadze and three other MPs at their request for not voting in favour of the foreign agent bill.