Indrek Kasela appointed as Managing Director of HEX Tallinn

04.04.2002 TLN

Tallinn Stock Exchange Press Release
April 4, 2002

Indrek Kasela was appointed as Managing Director of HEX Tallinn, the operator group of Tallinn Stock Exchange and Estonian CSD.

Managing director is responsible for day-to-day activities of HEX Tallinn. Gert Tiivas, who has been acting as a CEO as well as Managing Director, will continue as the CEO of HEX Tallinn, and will focus on the strategic development of the company. Gert Tiivas is also the Senior Vice President of HEX Baltic Operations business unit.

“We are glad to have Indrek as our new team member to meet the new challenges ahead of us, such as integration Estonian securities market to Europe and launch of pension reform among others,” Tiivas said.

Kasela (30) is a graduate of Tartu University (law, 1994), and holds master’s degree in law from New York University (1996). He has held executive positions in Privador and Balti Cresco Investment Group.

HEX Tallinn, part of HEX Group, is a leading Estonian securities market organisation, which operates the exchange and maintains Estonian central securities registry and pension registry.


Additional information:

Gert Tiivas
CEO
HEX Tallinn
Tel: +372 51 77 579

Indrek Kasela
Managing Director
HEX Tallinn
Tel: +372 6 408 800

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