Craig Macfarlane who was to take on the position of Chief Financial Officer of
LHV UK Limited, a subsidiary of AS LHV Group, has renounced the position. LHV UK
Limited has now resumed recruiting a new CFO and member of the Board of
Directors, who will lead the financial management of the company during the
process of applying for a banking licence and after obtaining the licence,
subject to regulatory approval.
Macfarlane gave up the position due to family reasons. He was supposed to start
at LHV in June.
LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank, LHV Varahaldus and LHV
Kindlustus. LHV employs over 540 people. LHV's banking services are used by
269,000 clients, and pension funds managed by LHV have 179,000 active clients.
LHV's UK branch offers banking infrastructure to 140 international financial
services companies, via which LHV's payment services reach clients around the
world.
Priit Rum
Communicaton manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee (mailto:priit.rum@lhv.ee)
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