Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

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

8859

Submission date and time

02.06.2021 08:00:00

Content of announcement in Estonian

Title

LHV UK Limitedi finantsjuhiks saab Gary Sher

Message

AS-i LHV Group tütarettevõtte LHV UK Limited finantsjuhiks saab alates 5.
juulist 2021 Gary Sher. Finantsjuht määratakse ühtlasi ka ettevõtte
juhtimisorgani (board of directors) liikmeks.

Globaalse juhtimiskogemusega kogenud finantsvaldkonna professionaalina asub Gary
Sher juhtima LHV UK Limited'i finantse pangalitsentsi taotlemise ajal ja
pangalitsentsi saamise järel, eeldusel, et ettevõte saab regulaatori
kooskõlastuse.

Hetkel töötab Gary Sher JBR Capital Ltd finantsjuhina. Enne seda oli ta juulist
2018 kuni 2020. aasta augustini Starling Bank Ltd finantsdirektor. Varasemalt on
ta panustanud Ayondo Groupi ja teiste kiire kasvuga erakapitalil põhinevate
ettevõtete tegevusse avalikel ja reguleeritud turgudel, seejuures on tal mitme
eduka ülevõtmisprotsessi ja IPO kogemus. Gary Sher on Dalgagi Ltd juhtorgani
liige. Gary Sher ega temaga seotud isikud ei oma AS-i LHV Group aktsiaid.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus.
LHV-s töötab üle 570 inimese. LHV pangateenuseid kasutab 279 000 klienti, LHV
hallatavatel pensionifondidel on 175 000 aktiivset klienti ja LHV Kindlustusega
on kaitstud 128 000 klienti. LHV Ühendkuningriigi filiaal pakub panganduse
taristut enam kui 150 rahvusvahelisele finantsteenuste ettevõttele, mille kaudu
jõuavad LHV makseteenused klientideni üle terve maailma.




Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected] (mailto:[email protected])

Content of announcement in English

Title

Gary Sher to become the CFO of LHV UK Limited

Message

As of 5 July 2021, Gary Sher will become the Chief Financial Officer of LHV UK
Limited, a subsidiary of AS LHV Group. The CFO will also be appointed to the
Board of Directors of LHV UK Limited.

As an accomplished finance professional with global leadership experience Gary
Sher will lead the financial management of LHV UK Limited during the process of
applying for a banking license and after obtaining the banking license, subject
to regulatory approval.

Gary Sher is currently working as the CFO at JBR Capital Ltd. Before that he
served as the Finance Director in Starling Bank Ltd from July 2018 until August
2020. Previously he also contributed in Ayondo Group and other fast growth
private equity backed companies operating within listed and regulated markets,
including a number of successful M&A processes and an IPO. Gary Sher is the
Member of the Board of Dalgagi Ltd. Gary Sher and the persons related to him do
not hold shares of AS LHV Group.

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 570 people. LHV's banking services are used by
279,000 clients, the pension funds managed by LHV have 175,000 active clients,
and LHV Kindlustus protects a total of 128,000 clients. LHV's UK branch offers
banking infrastructure to 150 international financial services companies, via
which LHV's payment services reach clients around the world.




Priit Rum
LHV Communication Manager
Phone: +372 502 0786
Email: [email protected] (mailto:[email protected])