TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

GERT TIIVAS APPOINTED HEAD OF HEX BALTIC OPERATIONS

 

Gert Tiivas, MA (28), has been appointed Senior Vice President of 

HEX's Baltic Operations business unit. He reports to Jukka Ruuska, 

President and CEO of HEX Group.

 

Gert Tiivas will continue as CEO of TSE Group.

 

Baltic Operations business unit consists of TSE (Tallinn Stock 

Exchange) Group and Baltic Liaison unit. Until now the business 

unit has functioned directly under HEX Group's President Jukka 

Ruuska.

 

HEX's business operations are divided to six business units: 

trading, issuer services, settlement and depository, securities 

services, eHEX and Baltic Operations. HEX owns 62 percent of TSE 

Group, which also includes Estonian Central Depository for 

Securities. 

 

TSE