INDEXO — Board/Management Information 2025

Nov 19, 2025

Leo Ašmanis joins INDEXO's Audit committee

The IPAS INDEXO Audit Committee will be joined by Leo Ašmanis, a certified auditor and Director of Internal Audit at AS Latvenergo, who previously worked at the Bank of Latvia. The IPAS INDEXO Audit committee also includes Svens Dinsdorfs, who is the committee chair, and Renāts Lokomets. 

“INDEXO Group is rapidly developing in various directions – both in pension management and banking services. We are also working on a voluntary share buyback offer for DelfinGroup shareholders, which could potentially provide additional momentum for INDEXO Group. On this path of growth, the audit and internal oversight function is critically important so that all our shareholders and partners can be fully confident in the best governance practices within our group. Therefore, I am pleased that such a knowledgeable audit specialist as Leo Ašmanis is joining us,” says Henrik Karmo, Chairman of the Management Board of IPAS INDEXO and one of the founders of INDEXO. 

Leo Ašmanis began his professional career at consulting firms Arthur Andersen and Ernst & Young Baltic. Later, in 2005, he joined the Bank of Latvia team, where he served as Deputy Chief Accountant, and from 2009 continued as Head of the Internal Audit Department. He has also been Chairman of the Control Committee of the Nordic Investment Bank. 

Leo Ašmanis holds a bachelor’s degree of Social Sciences in Management from the University of Latvia. In 2005, he obtained his certified auditor’s license, and later, in 2015, earned the Certified Internal Auditor (CIA) professional qualification. 

About INDEXO Financial Services Group   

INDEXO is a financial services group that includes pension management companies and INDEXO Bank.         

INDEXO, an investment management company licensed by the Bank of Latvia, offers modern 2nd and 3rd pillar pension plans in Latvia. It is one of the fastest-growing pension managers in the Baltics, with almost 158 thousand customers and more than EUR 1.56 billion assets under management.              

INDEXO Bank, a credit institution licensed by the European Central Bank, serves over 46 thousand clients, with total client deposits amounting to EUR 63 million and EUR 45 million in loans.             

Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with over 7,100 shareholders. Its mission is to fight for a better financial environment in Latvia and strengthen the well-being of Latvian residents by providing modern and personalized financial services.  For more information visit www.indexo.lv.        

Contact information: 

Ieva Bauma 

INDEXO Head of Marketing and Communications 

E: ieva.bauma@indexo.lv 

P: + 371 28 636 789