On Changes in Rietumu Bank’s Board

25 April 2018, 16:57

On 24 April, at the meeting of the Council of JSC "Rietumu Banka", there has been made a decision on changes in the membership of the Board.

In accordance with this decision, the membership of the Executive Board was reduced: now it includes five of the eight members of the previous Board of the bank.

"Changes in the membership of the management is a logical part of the entire transformation program. The Bank is reviewing its strategy and becoming more compact and flexible – by means of this, we will be able to carry out transformations and implement new business ideas faster and more efficiently. All the members of the current Board are highly qualified specialists and experienced Rietumu employees, - I am sure that their professionalism will help us to move forward with maximum efficiency," states Arkady Suharenko, deputy chairman of the Rietumu Council.

Rolf Fuls is appointed to a position of the Chairman of the Board of the bank. Rolf Fuls has been one of the key top managers of Rietumu for a period of 20 years. In previous years, Mr. Fuls oversaw the issues of financial control and accounting, technology development, correspondent relations, treasury, as well as various areas related to customer service - such as lending and wealth management.

The Management Board consists of: Ruslan Stecyuk (Deputy Chairman of the Board), Ilya Suharenko (Deputy Chairman of the Board), Natalia Ignatjeva (Member of the Board) and Jelena Buraja (Member of the Board).

Alexander Pankov, the former Chairman of the Board, will continue working in the bank and will oversee a number of strategic areas of the bank's activities.

Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: [email protected]
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