Joint Stock Company Reverta informs that Mr Kaspars Āboliņš, a member of the Supervisory Board, has submitted a letter of resignation and is not a member of the Supervisory Board as of February 1. The Supervisory Board of Reverta will continue to operate with members until election of a new SB member.
 

The composition of the Supervisory Board of Reverta is following – Chairman of the Supervisory Board Michael Joseph Bourke, SB members Mary Ellen Collins and Andris Ozoliņš.
 

Under the Articles of Association of Reverta, the Supervisory Board is elected for a period of three years.

Since 1997, Kaspars Āboliņš has worked for the State Treasury and since 2006 has been the governor thereof. Mr Āboliņš is Director of the Board of Directors of the Nordic Investment Bank and regularly works with Latvian security investors and senior officials from international financial institutions.

Director of the Board of Directors
For additional information:
The main competencies of the JSC Reverta are loan restructuring, debt recovery and real estate management. Since 1 August 2010 to 31 December 2014, Reverta has recovered more than EUR 591 m from the development and sales of distressed assets.

For additional information contact:
Marita Ozoliņa
Head of Communication and Marketing Department
Tel. 67779142 or 29287169
E-mail: marita.ozolina@reverta.lv