BIGBANK
BIGBANK’s Supervisory Board elected the fifth member of Management Board

BIGBANK / 

10.03.2010 17:13

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On the 10th of March 2010 BIGBANK's Supervisory Board decided to increase the
number of members in the Management Board and elected the BIGBANK Group's CFO
as the fifth member of the management board. 

Ruslan Mahhov (27) has been working as BIGBANK Group's Chief Financial Officer
since February 2010. During years 2007-2010 Mahhov worked as the head of
analysis team in Alta Capital Partners and during 2003-2007 on different
positions in Swedbank in area related to financing mergers and acquisitions.
Mahhov has Master of Science in Economics degree from Tallinn University of
Technology. 

BIGBANK's Chairman of the Supervisory Board Parvel Pruunsild said that the need
to increase the number of members in the Management Board arise from bank's
expansion which has brought along new assignments in financial management on
Management Board level. 'We decided that in order to increase the efficiency of
general management it is necessary to include the Chief Financial Officer into
the Management Board,' said Pruunsild. 

BIGBANK's Management Board consists of five members: Ruslan Mahhov, Kaido Saar,
Veiko Kandla, Ingo Põder and Targo Raus as the Chairman of the Management
Board. 


Additional information:

Parvel Pruunsild
Chairman of Supervisory Board
parvel.pruuunsild@bigbank.ee
Tel: +372 7377570

News Source: NASDAQ OMX



10.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      BIGBANK
              
               
              Estonia
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         EE3300082940
WKN:          
 
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