Artūrs Veics, a financial industry and change management professional has taken up his duties in the Management Board of Industra Bank, where his responsibilities include the finance, risk and change management in the bank.
Along with the joining of Artūrs Veics to the Industra Management Board, its membership has increased to four management board members, whose competencies cover the areas essential to the bank, such as the finance, change management, business development, compliance, AML, and legal matters.
Pursuant to the Articles of Association of Industra, Artūrs Veics is elected to the position of Member of the Management Board for the term of five years, and his candidature has been agreed with the Financial and Capital Market Commission.
Prior to joining the Industra team, Artūrs Veics gained valuable experience in the change management at Luminor bank during the transformation process there, as well as in splitting up of Parex banka, and later also in the development of assets while heading the risk management department at Reverta.
Artūrs graduated from the Riga Higher School of Economics and in 2014 became a member of the Association of Chartered Certified Accountants (FCCA).
“We are purposefully continuing to reinforce Industra's management and employee team, as the successful operation of a company is based on its highly professional and loyal employees. We intend to soon step up our lending, focusing on servicing Latvian small and medium-sized enterprises. Currently, we are also actively focusing our efforts on the development of e-commerce,” says Raivis Kakānis, the chairman of Industra Management Board.
The joint stock company AS “Industra Bank” is a Latvian credit institution that was founded in 1994 and has more than 30 thousand customers, and in terms of 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. Industra has been created by local entrepreneurs and the bank's further activities will be focused on servicing Latvian small and medium-sized enterprises.