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ALTUM Management and Structure

Management Board

Reinis Bērziņš

Chairman of the Management Board

Reinis Bērziņš is a professional of business management and finances with a remarkable experience in managing enterprises and institutions. He has obtained a master’s degree in international banking and finance as well as in business management (in Swiss Business School) and a degree in law. His main responsibilities include oversight of units responsible for financial and resource management, legal and human resources and energy efficiency of enterprises. He has been managing ALTUM since 12 October 2015. In addition to his position at JSC Development Finance Institution Altum Reinis Bērziņš also serves as a Member of the Supervisory Board at Three Seas Initiative Investment Fund S.A. SICAV-RAIF

Term of office: 26.05.2024.

Jēkabs Krieviņš

Member of the Management Board

J.Krieviņš is a financial expert with an experience of more than 25 years in organizing and managing business crediting processes obtained by working in the sector of commercial banks and national financial institutions. He has obtained a master’s degree in business and institutional management, a bank employment certificate and a bachelor’s degree in economics. Jēkabs Krieviņš is responsible for the development of IT and technologies, ALTUM’s customer and regional service centres as well as supervisory of the Latvian Land Fund.

Term of office: 26.05.2024.

Inese Zīle

Member of the Management Board

She has 20 years of experience in the financial sector including more than 15 years of experience in managing different departments as well as work experience in the public sector. Inese Zīle has obtained a master’s degree in international economics and business management. Her main responsibilities include corporate governance, marketing and public relations, development of ALTUM’s national support programmes and export guarantees. Inese Zīle is a Member of the Council of the Finance Latvia Association and Member of the Supervisory Board at JSC Sadales tīkls.

Term of office: 26.05.2024.

Aleksandrs Bimbirulis

Member of the Management Board

He has an experience of more than 20 years in working in banking and financial sector. A. Bimbirulis has graduated from the Faculty of Law of University of Latvia as well as obtained the vocational master’s degree in law in Turība University. He is responsible for the risk management and internal control system quality, administrative management, as well as organizing and managing of the crediting process.

Term of office: 25.06.2023.

Ieva Jansone-Buka

Member of the Management Board

Ieva Jansone - Buka holds a professional master's degree in business from the Riga School of Economics, a bachelor's degree in social sciences in management and political science from the University of Latvia. I.Jansone - Buka's work experience is related to the financial sector, working in leading positions at IPAS Indexo, SIA IJ Birojs and Nordea Bank Finland Plc. Latvia branch. I. Jansone - Buka has worked in senior management positions in the local companies SIA Clean R and SIA Vides Pakalpojumu Grupa. 

Term of office: 17.03.2024.

Supervisory Board

Līga Kļaviņa

Chairperson of the Supervisory Board (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.

Term of office: 27.12.2022.

Jānis Šnore

Member of the Supervisory Board 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.

Term of office: 27.12.2022.

Ilze Baltābola

Member of the Supervisory Board with experience in coordinating improvement of business environment and implementation of business support programmes in Latvia. Deputy director of the Economics Ministry’s Department of Entrepreneurship Competitiveness. She has a Master’s Degree in European Studies from the Faculty of Business Management and Economics of the University of Latvia.

Term of office: For the time until a new candidate is selected in line with the procedures of nominating supervisory board members, according to the Law on Governance of Capital Shares of a Public Person and Capital Companies. 

Shareholder Representatives

Baiba Bāne

State Secretary of the Ministry of Finance

Dace Lucaua

State Secretary of the Ministry of Agriculture

Edmunds Valantis

State Secretary of the Ministry of Economics

Audit Committee

Gunta Darkevica

Head of the Audit Committee. Sworn auditor.

Longstanding experience with audit related fields. Fellow Member of UK Association of Chartered Certified Accountants (FCCA), Certified Internal Auditor (CIA) of the international Institute of Internal Auditors, Member of the Latvian Tax Consultants Association, certified tax consultant.

Obtained social sciences master’s degree in management science at the University of Latvia.

Term of office: 02.01.2025.

Gints Trupovnieks

Member of the Audit Committee.

Currently, deputy director – head of unit at the Fiscal Policy Department of the Ministry of Finance. Until then, Gints Trupovnieks has worked in the field of macroeconomic analysis and fiscal forecasting at the Ministry of Finance.

Obtained master’s degree in economics at Riga Technical University.

Term of office: 26.04.2024.

Administrative Structure

Shareholders' Meeting
Internal Audit Division
Supervisory Board
Audit Committee

Management Board

Board member
Loans and Guarantees Department
Risk Management Department
Administrative Department
Liabilities and Control Department
Board member
Customer Management Department
5 Regional Centres
Information Technologies Department
National Land Fund Management Division
Private Guarantees Division
Planning and Financial Management Department
Corporate Energy Efficiency Division
Accounting Department
Legal Department
Financial Intermediaries Division
Personnel Division
Board member
Programme Development Department
Export Credit Guarantees Division
Corporate Customer Division
Energy Efficiency Programme Department
Marketing Division