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PXS: Management of Citadele Asset Management to change

Spekuliantai.lt | 2010-10-04 | NASDAQ OMX biržų naujienos | perskaitė: 1171
Raktiniai žodžiai: Parex Asset Management IPAS, PXS
PXS: Management of Citadele Asset Management to change

Citadele Asset Management Company Announcement 04.10.2010

Management of Citadele Asset Management to change

The senior management of Citadele Private Capital Management Division and
Citadele Asset Management are to change as Roberts Idelsons is planning to
pursuit new professional challenges and will leave all his positions at
Citadele as of 1 November 2010. It is foreseen that Vladimirs Ivanovs, who
currently is Vice President and Deputy Head of the Private Capital Management
Division, will take R. Idelson's position at bank Citadele.

Idelsons says that since the successful restructuring of the Bank, Citadele has
stabilised its operations and has a clear prospect for further development, he
has decided to accept a new private sector position at an international level.

Citadele Asset Management is the leading investment management firm in the
Baltic States. The company offers asset management services to individuals,
corporate clients, investment funds, 2nd and 3rd level pension plans and
insurance companies. The subsidiaries of Citadele Asset Management offer asset
management services to clients in Lithuania and Ukraine. While Private Capital
Management Sector of Citadele provides services to wealthy clients from the
Baltic States and the CIS, offering a full range of banking services in the
area of private capital management.

About bank Citadele:

Bank Citadele has been established with a view to inspire people and businesses
for development and facilitate growth of the region. The Bank provides
excellent client service and a variety of services for individuals, businesses
and wealth management clients. Bank Citadele is the exclusive partner of
American Express® in Latvia and Lithuania entitled to issue American Express
credit cards. 75% of the Bank's shares are held by Privatization Agency, while
the European Bank for Reconstruction and Development (EBRD) owns 25% plus one
voting share. The total assets of the Bank reach LVL 1.5 billion. Moody's has
assigned the Bank long term rating Ba3.

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2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos


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