AS EESTI FOREKSPANK

ANNOUNCEMENT

18.12.98

 

 

INFORMATION ABOUT THE MEMBERS OF AS EESTI FOREKSPANK SUPERVISORY 

BOARD

 

We hereby present the resumes of the new members of the Supervisory 

Board of AS Eesti Forekspank (new trade name Optiva Pank), elected by 

the 15.11.98 extraordinary general meeting of shareholders. 

 

 

Gunnar Kraft, Chairman of the Supervisory Board

 

Member of the Supervisory Board of AS Eesti Forekspank since 

15.11.98. Obtained a bachelor’s degree in economics from Tallinna 

Tehnikaülikool (Tallinn Technical University) and a masters degree 

from Helsinki school of business and economics. Has worked for 2 

years as a manager of foreign relations department of AS Mainor. Mr. 

Kraft was a vice-president of Eesti Investeerimispank (1992-1997) and 

Chairman of the Supervisory Board since 1998. Mr. Kraft is also a 

member of the Supervisory Board of EstIB-Talinvest Varahaldus since 

1996 and a member of the Supervisory Board of Norma Group since 1997.

 

 

Pirkko-Lumikki Juntti, Member of the Supervisory Board

 

Member of the Supervisory Board of AS Eesti Forekspank since 

15.11.98. Holds bachelor and master degrees in law, and separate 

academic degrees in national economics, social philosophy and English 

philology. From 1975 to 1982 worked as a legal councilor of Finnish 

Export Credit Ltd. Has worked as J.P. Morgan, London, vice-president 

of corporate financing in Scandinavian countries. From 1990, she is a 

manager of J.P. Morgan banking operations in Finland. From 1998 works 

as a CEO of PCA Corporate Finance, a company of Sampo Kindlustus 

Group (Sampo Insurance Group). Ms. P.-L- Juntti has participated in 

and managed the restructuration of several companies, and has been 

involved in the lending operations of the Finnish government.

 

 

Andres Järving, Member of the Supervisory Board

 

Member of the Supervisory Board of AS Eesti Forekspank since 

15.11.98. Graduated from University of Tartu in 1983 as a economic 

cybernetic, and in 1998 started master’s degree studies in the field 

of business administration in the University of Tartu. A. Järving has 

worked in 1983-1988 in the Tallinn City Government as a work 

economist and vice-manager of the department. From 1988 employed by 

AS Norma as a vice chief accountant, later as a chief accountant and 

financial manger. From 1996 he is a vice-director of AS Norma Grupp, 

and vice chairman of the Supervisory Boards of AS Norma and Norma 

Grupp.

 

 

Aare Tark, Member of the Supervisory Board

 

Member of the Supervisory Board of AS Eesti Forekspank since 

15.11.98. Degree of higher education in law (Tartu Ülikool/ 

University of Tartu). Mr. A. Tark is an attorney-at-law. Has worked 

as an attorney in Tallinna Teine Advokaadibüroo, law office Heta and 

from 1991 law office Tark & Co. Mr. A. Tark is a president of Eesti 

Advokatuur (Estonian Advocacy) since 1994, a member of the 

Supervisory Board of Eesti Juristide Ōppekeskus (Educational Center 

of Lawyers of Estonia) and member of the Management Board of Eesti 

Ōiguskeskus (Legal center of Estonia) since 1995. 

 

 

Peter Yngwe, Member of the Supervisory Board

 

Member of the Supervisory Board of AS Eesti Forekspank since 

15.11.98. Obtained higher education from Gothenburg University. Mr. 

P. Yngwe is a president of AB Svensk Exportkredit since April 1997. 

Mr. P. Yngwe has worked in Svensk Exportkredit since 1984 on several 

different positions. In addition, Mr. P. Yngwe has been a financial 

councilor of Eesti Investeerimispank, Leedu Arengupank (Lithuanian 

Development Bank) and Läti Investeerimispank (Latvian Investment 

Bank).

 

 

Ranno Pajuri

Director of Market Communications

Optiva Pank (AS Eesti Forekspank / AS Eesti Investeerimispank)

Tel. +372 630 2105