Leadership Continuity at Bigbank AS with Board Extension
Bigbank AS Management Board Term Extension Announced
The supervisory board of Bigbank AS has approved an important decision to extend the terms of office for several of its management board members. Martin Länts, Ken Kanarik, and Ingo Põder will each serve an additional three years, with their new term set to commence at the end of their previous tenure and continue until mid-March 2028.
Current Management Board Structure
The management board will maintain its five-member structure, which includes Martin Länts as the Chairman. The team will consist of not only Länts but also Ken Kanarik, Argo Kiltsmann, Ingo Põder, and Mart Veskimägi. This continuity aims to strengthen the bank's strategic direction and ensure uninterrupted leadership.
Bigbank’s Financial Standing
Bigbank AS has established itself as a strong player in the banking sector, boasting over 30 years of operational experience. Recently, the bank's total assets were reported at approximately 2.9 billion euros, complemented by an equity of 273 million euros. These metrics position Bigbank favorably within the market.
Customer Base and Services Offered
Currently, Bigbank serves more than 168,000 active customers across nine countries, showing robust growth in its service delivery. The institution's commitment to its clientele is evident, with a dedicated workforce of over 500 employees actively engaged in various banking operations. This diverse team is crucial as they strive to provide tailored financial solutions to meet customer needs.
Credit Ratings and Industry Recognition
The credit rating agency Moody's has credited Bigbank with a long-term bank deposit rating of Ba1, alongside a baseline credit assessment (BCA) and an adjusted BCA of Ba2. Such ratings reflect the bank's stable financial health and operational proficiency, which reassures clients and stakeholders alike about its reliability.
Contact Information
For those looking to get in touch with Bigbank AS, Argo Kiltsmann, a member of the management board, can be reached at the phone number +372 5393 0833 or via email at argo.kiltsmann@bigbank.ee. Their website, accessible at www.bigbank.eu and www.bigbank.ee, offers additional resources and information regarding services.
Frequently Asked Questions
1. Who are the members of the Bigbank AS management board?
The management board comprises Martin Länts (Chairman), Ken Kanarik, Argo Kiltsmann, Ingo Põder, and Mart Veskimägi.
2. What is the duration of the board members' term extension?
The terms of Martin Länts, Ken Kanarik, and Ingo Põder have been extended for three years, until March 15, 2028.
3. How many customers does Bigbank serve?
Bigbank AS serves over 168,000 active customers across nine countries.
4. What is the total asset value of Bigbank AS?
As of the latest report, Bigbank's total assets are approximately 2.9 billion euros.
5. How is Bigbank AS rated by credit agencies?
Bigbank has received a long-term bank deposit rating of Ba1 from Moody's, along with a baseline credit assessment of Ba2.
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