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ALTUM Management and Structure

Management Board

Reinis Bērziņš

Chairman of the Board

Mr. Bērziņš is a professional in business administration and finance with extensive experience of business and institution management. He has MBA degree in International Banking and Finance, Business Management (Swiss Business School) and a degree in law (Riga School of Law). He joined ALTUM in 2015.

Jēkabs Krieviņš

Member of the Board

Jēkabs Krieviņš, Member of the Board with 20 years of corporate lending management experience and expertise in the financial industry. Mr. Krieviņš has gained his experience working both in the private banking and public financial institutions. He has Executive MBA degree in Business Administration and Bachelor’s degree in Economics. Jēkabs Krieviņš is responsible for development of ALTUM state support programs, management of credit processes and overseeing of the Land Fund of Latvia.

Inese Zīle

Member of the Board

Inese Zīle, Member of the Board with 15 years of professional experience in the banking and public sectors. Ms. Zīle has MBA degree in International Economics and Business Administration. She joined ALTUM in 2015. Ms. Zīle is responsible for ALTUM customer service and business growth.

Juris Vaskāns

Member of the Board

Mr. Vaskāns has studied finance in the United States of America (Eastern Michigan University) and continues MBA studies in Riga Business School. He is a graduate of Murjāņi Sports Gymnasium. Mr. Vaskāns joined ALTUM in 2015. At ALTUM he is responsible for the venture capital financial instruments and supporting of promotion of start-ups' eco environment.

Aleksandrs Bimbirulis

Member of the Board

Aleksandrs Bimbirulis, Member of the Board. He has 20 years of banking and finance experience. Mr. Bimbirulis has graduated from the Faculty of Law of the University of Latvia and holds professional Master’s degree in Law from Turība University. He was appointed as a Member to the Board of ALTUM on 7 July 2017. He is responsible for the Loans and Guarantee Department, mostly for risk and administrative management and overseeing of matters related to lending.


Supervisory Board

Līga Kļaviņa

Chairperson of the Council (currently Deputy State Secretary for Financial Policy Matters at the Ministry of Finance of the Republic of Latvia). Ms. Kļaviņa has gained unrivalled experience of working with international financial institutions. She holds a Master’s degree in Law. Līga Kļaviņa has held many posts within the Ministry of Finance and has represented the interests of the Latvian government and Ministry of Finance in directly and indirectly state-owned enterprises.


Jānis Šnore

Member of the Council with 15 years of experience of financial management and planning. At present Mr. Šnore occupies the post of Deputy State Secretary at the Ministry of Agriculture of the Republic of Latvia. Mr. Šnore graduated from the University of Agriculture of Latvia with Master’s degree in Agricultural Science. On top of that, he has obtained a professional course diploma in international economic relations from the Institute of International Affairs of the University of Latvia.

Kristaps Soms

Member of the Council with 12 years of experience of financial management, policy coordination and business development. At present Mr. Soms occupies the post of Director of Entrepreneurship Competitiveness Department at the Ministry of Economics of the Republic of Latvia. Mr. Soms has graduated from the University of Latvia with Bachelor’s Degree in Economics and Master’s Degree in Business Administration.

Shareholder Representatives

Baiba Bāne

State Secretary of the Ministry of Finance

Dace Lucaua

State Secretary of the Ministry of Agriculture

Juris Stinka

State Secretary of the Ministry of Economics

Administrative Structure

Shareholders meeting
Internal Audit Division


Member of the Board
Administrative Department
Loans an Guarantees Department
Risk Management Department
Member of the Board
Programme Support Department
Programme Development Department
Information Technologies Department
National Land Fund Management Division
Board chairman
Personnel Division
Legal Department
Planning and Financial Management department
Accounting Department
Member of the Board
Financial Intermediaries Division
Liabilities and Control Department
Member of the Board
Customer Management Department
5 Regional Centres
Export Credit Guarantees Division
Marketing Division
Corporate Customer Division
Energy Efficiency Programme Department