Riga, Latvia, 2017-04-25 14:44 CEST (GLOBE NEWSWIRE) -- The Council of ABLV Bank re-elected the Board in the current composition for the next 5-year term of office, i.e., ending on 1 May 2022. Re-election of the composition of the Board is registered in the Commercial Register of the Register of Enterprises on 25 April. The persons re-elected to the bank’s Board were the following: Chairman of the Board, Chief Executive Officer (CEO) Ernests Bernis; Deputy Chairman of the Board, Deputy Chief Executive Officer (dCEO) Vadims Reinfelds; Member of the Board, Chief Compliance Officer (CCO) Aleksandrs Pāže; Member of the Board, Chief Information Officer (CIO) Rolands Citajevs; Member of the Board, Chief Risk Officer (CRO) Edgars Pavlovičs; Member of the Board, Chief Financial Officer (CFO) Māris Kannenieks, and Member of the Board, Chief Operating Officer (COO) Romans Surnačovs. The European Central Bank has also approved the re-election of the current composition of the Board for a new term of office. This announcement contains inside information. ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s major shareholders Oļegs Fiļs, Ernests Bernis and Nika Berne directly and indirectly hold 86.55% of the bank's voting share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; Pillar Development, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, Limassol, and New York.
Ilmārs Jargans Head of Public Relations Department ABLV Bank, AS Tel.: +371 6777 5296 e-mail: ilmars.jargans@ablv.com
