The strategic owner of Coop Pank, Coop Eesti Keskühistu, has published a press
release on 29.09.2022 regarding the termination of Alo Ivask mandate as chairman
of the board of Coop Eesti Keskühistu as of 30.09.2022. The press release is
available here (https://www.coop.ee/juht).
Coop Pank announces that the above does not affect Alo Ivask powers as chairman
of the Supervisory Board of Coop Pank. Alo Ivask powers as chairman of the
Supervisory Board of Coop Pank are effective until the end of the current
elected 3-year term, i.e. until 27.05.2023.
Coop Pank, based on Estonian capital, is one of the five universal banks
operating in Estonia. The number of clients using Coop Pank for their daily
banking has reached 136,100. Coop Pank aims to put the synergy generated by the
interaction of retail business and banking to good use and to bring everyday
banking services closer to people's homes. The strategic shareholder of the bank
is the domestic retail chain Coop Eesti comprising 330 stores.
Additional information:
Katre Tatrik
Communication Manager
Tel: +372 5151 859
E-mail: katre.tatrik@cooppank.ee
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