At the meeting of the Supervisory Board of Coop Pank AS, held on 17.06.2020, Alo Ivask was appointed as the new Chairman of the Supervisory Board of the company and Ardo Hillar Hansson was appointed as the new Vice-Chairman of the Supervisory Board of the company, both positions starting from 17.06.2020.

The Supervisory Board of Coop Pank AS also recalled the following persons from the Audit Committee: Jaanus Vihand, Priit Põldoja and Märt Meerits. The Supervisory Board elected the following members to the Audit Committee effective from 17.06.2020: Alo Ivask, Silver Kuus and Urmas Kaarlep. The current Chairman of the Audit Committee, Paavo Truu, will continue as the Chairman of the Audit Committee.

Changes also took place in the Remuneration Committee. The following persons were recalled from from the Remuneration Committee: Jaanus Vihand and Priit Põldoja. The Supervisory Board elected the following members to the Remuneration Committee effective from 17.06.2020: Alo Ivask, Raul Parusk and Irja Rae. The current member of the Remuneration Committee, Jaan Marjundi, will continue as the member of the Remuneration Committee.

Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking reached 72 800. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 330 stores.

Additional information:
Kristjan Seema
Head of Marketing & Communication
Tel: +372 5505 253
e-mail: kristjan.seema@cooppank.ee


 

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