Market announcement

AS Inbank

LEI code

2138005M92IEIQVEL297

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7441

Submission date and time

09.08.2019 15:00:00

Content of announcement in Estonian

Title

Muudatused Inbank AS-i juhatuses

Message

AS-i Inbank nõukogu valis panga juhatuse liikmeks ning finantsjuhiks Jaanus
Kõusaare, kelle volitused algavad 12.08.2019 ning kutsus juhatusest tagasi
senise riskijuhi Ivar Kallasti. Ivar Kallasti volitused lõppevad 31.08.2019.
Uueks Inbanki riskijuhiks nimetati senine finantsjuht ja juhatuse liige Marko
Varik.

Jaanus Kõusaar liitub Inbanki juhatusega olles töötanud Inbankis
investeerimisprojektide juhina. Varasemalt on Jaanus Kõusaar olnud
finantsdirektor Eesti Meedias ja Saku ning Aldarise Õlletehases ning tegutsenud
finants- ja juhtimisnõustajana nii Eestis kui mitmetes Euroopa riikides.

Pärast Jaanus Kõusaare lisandumist kuulub Inbanki juhatusse alates septembrist
viis liiget: juhatuse esimees Jan Andresoo, riskijuht Marko Varik,
äriprotsesside juht Liina Sadrak, grupi äriarenduse juht Piret Paulus ning
finantsjuht Jaanus Kõusaar.

Jaanus Kõusaar ei kuulu muude äriühingute juhtorganitesse ning käesoleval hetkel
ei kuulu talle Inbanki aktsiaid.?

Content of announcement in English

Title

Changes in the Management Board of Inbank AS

Message

The Supervisory Board of Inbank AS have elected Mr. Jaanus Kõusaar as the newest
member of the Inbank Management Board and its new Chief Financial Officer,
effective from the 12th of August 2019. Effective from the 31st of August 2019,
the Supervisory Board have recalled from the Management Board Mr. Ivar Kallast,
Inbank's Chief Risk Officer to date. Inbank's current Chief Financial Officer
and existing member of the Management Board, Mr. Marko Varik will take over as
new Chief Risk Officer from Mr. Kallast thereafter.

Mr. Kõusaar joins the Management Board from his position as Inbank's Head of
Corporate Finance. Prior to his move to Inbank, Mr. Kõusaar worked as the
Financial Director at Eesti Meedia as well as Saku & Aldaris Brewery. Mr.
Kõusaar has also acted as a financial and management consultant both in Estonia
and elsewhere in Europe.

Following the effective date of the aforementioned changes at the start of
September 2019, the Inbank Management Board will consist of five Board Members:
Mr. Jan Andresoo, Chief Executive Officer; Mr. Marko Varik, Chief Risk Officer;
Ms. Liina Sadrak, Head of Business Processes; Ms. Piret Paulus, Head of Group
Business Development; Mr. Jaanus Kõusaar, Chief Financial Officer.

Mr. Kõusaar is not a governing member of any other organisation nor is he
currently in ownership of Inbank shares.