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Highlights
Mihkel Kasepuu to join AS LHV Pank’s Management Board for technology and product development
Appointment pending European Central Bank approval, starting in late July
Kasepuu brings prior leadership experience from Nortal and existing CTO role at LHV
AS LHV Pank, operating under AS LHV Group TAL:LHV1T, has announced a leadership appointment that aligns with broader sector shifts. LHV Group, part of Tallinn's OMX Tallinn index, continues to build its leadership team to drive technological progress. This update emerges as market participants track global cues, including the ftse 100 futures.
Leadership Appointment at AS LHV Pank
The Supervisory Board of AS LHV Pank has elected Mihkel Kasepuu to the Management Board. His new role focuses on overseeing technology and product development across the bank’s operations. Kasepuu will formally step into this position in late July, subject to approval from the European Central Bank. His term is set for a multi-year duration.
Professional Background of Mihkel Kasepuu
Kasepuu has been closely associated with LHV Pank since 2024, serving as Chief Technology Officer and Chief Technology and Product Officer. Before joining LHV, he was part of Nortal, an international software and business consultancy group, for several years. His work has concentrated on building secure, scalable systems and enhancing digital product portfolios.
Contributions to Technological Advancement
Within LHV, Kasepuu has been instrumental in designing frameworks that support the bank’s digital infrastructure. His approach includes both internal systems development and client-facing platform enhancements. His prior tenure in consultancy provided him with exposure to complex software solutions applicable across financial services.
Academic and Corporate Involvement
Kasepuu a master’s degree in information technology from Taltech. Outside of his executive responsibilities at LHV Pank, he maintains a presence in the IT sector through directorship roles in multiple software development firms, including Panda Solutions OÜ, SM Capital OÜ, and Futuleap OÜ.
Shareholding Structure and Equity Participation
In addition to his corporate roles, Kasepuu has equity interests connected with AS LHV Group. He is listed as a shareholder and has rights associated with employee share option agreements issued by the group.
Market Position and Index Context
AS LHV Group, listed under the ticker TAL:LHV1T, is part of Estonia’s primary equity index, the OMX Tallinn. As banking institutions across Europe respond to evolving digital demands, leadership changes like this one are aligned with regional financial institutions' strategies to boost technical capabilities. This update also comes during an active phase in European markets, with traders referencing indicators such as the ftse 100 futures to evaluate momentum.
