Today, on April 6, in accordance with a decision of the shareholders' meeting of the joint stock company Industra, two new members of the Supervisory Board will start working in the bank:

The same as before, Jurijs Adamovičs, the chairman of the Supervisory Board, and Ivars Grunte, a member of the Supervisory Board, will continue their work in the Supervisory Board.

Jurijs Adamovičs is an entrepreneur, investor, an internationally recognized professional in the field of bank restructuring and corporate transformation management. He had managed projects for the rehabilitation and consolidation of banks in Eastern Europe, managed multi-industry several billion-euro direct investments, portfolios of real estate and corporate loans. He held the positions of the chairman and member of the supervisory boards in international companies. 

Ivars Grunte is a leading partner in TGS Baltic law firm, a member of the Latvian Sworn Advocates Council. Previously, for many years he was a leading partner in Grunte &Cers and Tark Grunte Sutkiene law firms. International legal directories rank Ivars Grunte as a widely recognized practitioner in dispute resolution, in arbitration and in the corporate / commercial field. 

Andis Kļaviņš is a private and venture capital investor who will provide the Industra Supervisory Board with an in-depth insight into the bank's customer business development issues. Knowledge and expertise of Andis Kļaviņš is based on extensive work experience gained in senior positions in leading industry companies, which he currently uses in the management of various private and venture capital investments, while looking for more and more new investment opportunities in companies with high growth potential.

Guntars Reidzāns is a banking business professional who will provide the Industra Supervisory Board with a necessary vision of the customer business development and growth of capital. The professional experience of G. Reidzāns is linked with such significant banks, as AS Hansabanka, AS Swedbank, and others. The activity of G. Reidzāns had been focused on the cooperation with entrepreneurs, which he had been developing both as the head of organisational units engaged in the provision of corporate banking services and customer service, and as the head of activities aimed at individual customer service.
  
For further information:

The joint stock company Industra Bank is a Latvian credit institution that was founded in 1994 and has more than 30 thousand customers, and by this indicator Industra is the sixth largest bank in Latvia.
In January 2020, the name of the credit institution Meridian Trade Bank was changed to Industra Bank to reflect the change in the bank's business strategy.

For further information:
Marita Ozoliņa
Industra Bank AS
Public relations and marketing director 
mob. phone: 29287169
e-mail: marita.ozolina(abols)industra.finance