Business
Changes in the Management Board of Coop Pank AS and Supervisory Boards of Its Subsidiaries
The Supervisory Board of Coop Pank AS has appointed the bank’s Head of IT, Alvar Pihlapuu, as a new Member of the Management Board. Mr. Pihlapuu joined the Coop Pank team on 15 September 2025. His mandate as a Management Board Member will commence on 1 February 2026 and will last for a term of three years. In addition, Alvar Pihlapuu has been appointed as a Member of the Supervisory Boards of Coop Pank AS's subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS for a term of three years. Acc
About this update from Coop Pank As
[{"type":"image","alt":"Coop Pank AS","displaySize":"","headline":null,"caption":"Coop Pank AS","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":88,"url":"https://media.zenfs.com/en/globenewswire.com/85c0199ce9dfd89a91376f406dd4dd32"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/onFbAj8oln0ptiyhCfkv5Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/85c0199ce9dfd89a91376f406dd4dd32","width":300,"height":88}},"lazy":false},{"type":"text","content":"The Supervisory Board of Coop Pank AS has appointed the bank’s Head of IT, Alvar Pihlapuu, as a new Member of the Management Board. Mr. Pihlapuu joined the Coop Pank team on 15 September 2025. His mandate as a Management Board Member will commence on 1 February 2026 and will last for a term of three years.","length":307,"tagName":"p"},{"type":"text","content":"In addition, Alvar Pihlapuu has been appointed as a Member of the Supervisory Boards of Coop Pank AS's subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS for a term of three years.","length":192,"tagName":"p"},{"type":"text","content":"According to Arko Kurtmann, Chairman of the Management Board of Coop Pank, a modern bank is essentially a technology company. Delivering the best customer experience requires robust digital capabilities and cutting-edge IT solutions. Leveraging technology enables Coop Pank to offer its services more efficiently and scale its business while keeping costs under control. Therefore, IT and its strategic leadership are integral to the bank’s overall governance.","length":460,"tagName":"p"},{"type":"text","content":"“By joining the Management Board, Alvar Pihlapuu will enhance our ability to execute our ambitious growth strategy and respond swiftly to evolving market and technology trends. His extensive experience in both public and private sector IT leadership, his expertise in data governance, and his understanding of modern technology architecture bring valuable insight that will support Coop Pank’s next stage of development. Alvar will play a key role in ensuring that our technology solutions remain innovative, competitive, and user-friendly,” Kurtmann added.","length":557,"tagName":"p"},{"type":"text","content":"Alvar Pihlapuu holds a Master’s degree in IT Systems Engineering from Tallinn University of Technology. He has also ...