Rait Riim appointed as the new CEO of Arco Vara AS [Yahoo! Finance]
SWEDBANK AB S/ADR (SWDBY)
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Source: Yahoo! Finance
According to the decision of the Supervisory Board, Rait Riim's authority will take effect on April 1, 2026 and will be valid for three years. Rait Riim has 20 years of experience in the real estate sector. Since 2019, he has been working as Head of Real Estate Investments at LHV Varahaldus AS. Previously, he has served as Development Project Manager at Kapitel AS and as Real Estate Portfolio Manager at Ektornet Management Estonia OÜ, a subsidiary of Swedbank. From 2020 to 2021, Rait Riim was a member of the Supervisory Board of Arco Vara AS, representing LHV Pension Funds. Rait Riim's main priorities at Arco Vara are the successful execution of the Luther Quarter and Arcojärve developments, balancing the development portfolio, and maintaining strong financial discipline. Kert Keskpaik, Chairman of the Supervisory Board of Arco Vara AS: “The Supervisory Board is very pleased that Rait Riim is joining the Arco Vara team and will help deliver the company's long-term objectives. Th
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