Kadri Haldre to become new Management Board member of LHV Group and LHV Pank
July 17 2024 - 1:00AM
UK Regulatory
Kadri Haldre to become new Management Board member of LHV Group and
LHV Pank
Based on the proposition from the Nomination Committee, the
Supervisory Board of AS LHV Group decided to elect Kadri Haldre to
be the new Management Board member and Chief Risk Officer of LHV
Group. She will join the Management Board as of 18 November 2024
for a five-year term.
At the same time the Supervisory Board of AS LHV Pank resolved
at the proposal of the Nomination Committee to elect Kadri Haldre
also as a member of the Management Board and CRO of LHV Pank
starting from 18 November for a five-year term. Whether the new
board member meets the eligibility requirements will also be
approved by the European Central Bank. The current member of the
Management Board Martti Singi will be recalled from both boards as
of 18 November 2024, as previously agreed.
"Kadri will bring deep knowledge of the finance world to the LHV
board. Against a backdrop of changing interest conditions, her
management of financing and interest risks demonstrates strong
capability in risk management. Kadri's previous experience as a CFO
and in compliance roles confirms her suitability for a position in
the management of LHV Group and LHV Pank," Madis Toomsalu, CEO
of LHV Group commented.
Kadri Haldre has been working in LHV since 2019 as Head of
Treasury and is currently on maternity leave. From 2011 until 2019
she was working in Eesti Energia where she became the Head of
Treasury and Investor Relations. Before that she filled managerial
positions for Avaron Asset Management as well as Trigon Capital.
Kadri Haldre holds a MSc in Economics and Business Administration
from Copenhagen Business School and has completed bachelor studies
in Economics and Business Administration in Stockholm School of
Economics in Riga as well as in Law in Tartu University. Haldre
belongs to the management of OÜ KMA Invest. Kadri Haldre owns
51,540 shares of LHV Group. In addition, she can subscribe for
102,168 LHV Group shares for options issued in 2022, 2023 and
2024.
LHV Group is the largest domestic financial group and
capital provider in Estonia. The LHV Group’s key subsidiaries are
LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The
Group employs over 1,100 people. As of May, LHV’s banking services
are being used by 435,000 clients, the pension funds managed by LHV
have 119,000 active clients, and LHV Kindlustus protects a total of
168,000 clients. LHV Bank Limited, a subsidiary of the Group,
holds a banking licence in the United Kingdom and provides banking
services to international financial technology companies, as well
as loans to small and medium-sized enterprises.
Priit Rum
Communications Manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee