Supervisory board of AS “Citadele banka” appoi

The Supervisory Board of AS “Citadele banka” has approved Johan Akerblom as a Chief Financial Officer of the Bank. J. Akerblom will become elected in Bank’s Management Board once the approval of Financial and Capital Market Commission will be received. Johan Akerblom is expected to begin his duties as of February 1, 2018.

With 10 years of experience in the financial sector, Johan Akerblom has spent the previous two years as Chief Financial Officer for the Baltic division at SEB Group. Prior to that, Mr. Akerblom worked for SEB Group’s German subsidiary as Chief Financial Officer starting in 2014. Before that he was responsible for Business Development and Controlling at SEB Group’s German subsidiary. Mr. Akerblom joined SEB in 2008 working in the CFO office in Sweden. Before joining SEB, he worked in Sweden for ISS Facility Services and McKinsey & Company.

Johan Akerblom holds a master’s degree in industrial management and engineering from the Lund Institution of Technology; in addition, he was a scholarship nominee for McGill University in Montreal, Canada.

Johan Akerblom does not hold shares of AS “Citadele banka.”

The Chairman of the Citadele Board is Guntis Beļavskis, and the Board is represented by its members– Santa Purgaile, Kaspars Cikmačs, Valters Ābele, Uldis Upenieks, Slavomir Mizak un Vladislavs Mironovs.

Citadele is the third largest bank in Latvia by number of clients. The Citadele Group is managed from Latvia, and its subsidiaries and branches operate in Latvia, Lithuania, Estonia and Switzerland.

Further information:

Baiba Ābelniece

Head of External Communications

Telephone: +371 67010326; +371 26624221

E-mail: baiba.abelniece@citadele.lv

Mihails Golevs

Head of Financial Institutions

Telephone: +371 67778585

E-mail: mihails.golevs@citadele.lv

Santa Daniela Kanaška

Investor relations specialist

Telephone: +371 67010991

E-mail: IR@citadele.lv