TALLINN - Indrek Nievelt has submitted his resignation as CEO of Hansabank Group and board member, the bank reported April 12.
Erki Raasuke, vice chairman of the board and head of the Group's Estonian business, will be appointed the new CEO.
"We appreciate Mr. Neivelt's contribution to Hansabank during the past years," said Anders Ek, chairman of the supervisory council.
"One stage in our Group's history, as a listed company, has come to an end,"said Neivelt. "I am happy to see our Group is... stronger than ever."
