AS Tallinna Vesi appointed Aleksandr Timofejev as the new Chief Executive Officer of the company. Mr. Timofejev has been a member of the Management Board since 2012, serving as the Chief Operating Officer of AS Tallinna Vesi. Supervisory Council also decided to extend the term of office of Aleksandr Timofejev as a member of the Management Board by 5 years as from Oct. 30, 2021. AS Tallinna Vesi will continue with two Management Board members for the time being - with Aleksandr Timofejev as the CEO and Kristi Ojakäär as the CFO. The recruitment of the third member of the Management Board will start in the near future. He is a Chartered Engineer in Water Supply and Sewerage, EstQF Level 8, certified by the Estonian Association of Civil Engineers. Mr. Timofejev has completed Senior Executive studies at Ashridge Business School in the United Kingdom and is currently participating in a two-year Executive MBA programme in Estonian Business School. Mr. Timofejev is a Member of the Management Board of the Estonian Water Works Association.