INDEXO — Board/Management Information 2023

Mar 16, 2023

Ivita Asare

CONTACT

• +371 29230384
• ivucis1974@gmail.com
• 36A-15 Burtnieku Street, Riga, LV-1084, Latvia

EDUCATION

Teacher qualification

University of Latvia 2020-2021

MSc in Business Administration

RTU Business institute 1999-2003

BSc in Business Adminnistration

SSE Riga 1994 - 1996

Basic course in taxes PwC's Academy, 2012

Couching and communication for managers FranklinCovery Latvia, 2012

ACI Dealing Certificate/ 2000

LANGUAGES

English - Fluent Latvian - Native Russian - Fluent German - Limited

ABOUT ME

I have more than 20 years of experience in banking. I am hard working, goaloriented finance professional willing to set ambitious goals together with the team and lead the team to achieve them. I have been responsible for Treasury operations and finance area, especially planning, control and performance management. I am proud of continues improvements in financial results of the respective companies and significant contribution in merger between Nordea and DnB to create Luminor. Dedication, respect and care are my values.

WORK EXPERIENCE

September 2020 – Today

Dobele State Gymnasium

Teacher (Entrepreneurship and Economics)

October 2017 – June 2019

Luminor Group

Head of Business Inteligence, planning & control; Member of Management Board in Luminor Latvia

·Establishment of performance measurement and performance management system ·Development and management of planning, forecasting and target setting process for Luminor and it's Business Areas

·Provision of actionable insights to increase risk adjusted profitability ·Peer & industry reviews

June 2013 – October 2017

Nordea Bank (Banking Baltic countries)

Head of Baltic Business Development, Baltic planning & control unit

·Strategy reviews

·Pro-active financial result analyses, deep-dives ·Competence center in RWA, Economic capital and risk adjusted return calculations ·Nordea Latvia management result and budget preparation and follow-up

March 2012 – June 2013

Nordea Bank Finland Plc Latvia branch Head of Finance unit (CFO)

·Accounting operations and statutory reporting ·Planning, forecasting, budget preparation and control ·Performance management and management reporting ·Assessing economic viability of projects and investment decisions

September 2011 – March 2012

Nordea Bank Finland Plc Latvia branch

Special project manager in Finance unit

Coordinating retail strategy review Project, supporting with financial calculations

April 2001 – September 2011

Nordea Bank Finland Plc Latvia branch

Head of Group Funding (Treasury) unit in Latvia and Lithuania

• ·Liquidity risk management
• ·Interest rate risk management
• ·Securing funding for the whole Nordea Group in LVL and LTL,
• ·Setting internal transfer prices for LVL and LTL