AS „mogo” informs, that from 17th of July 2015, there are changes in the Board of the company. The existing Members of the Board Jēkabs Endziņš and Mārcis Grīnis will be replaced by AS “mogo” Chief Executive Officer Aleksandrs Čerņagins and he will be the only Member of the Board. Aleksandrs Čerņagins previously worked for Insurance company Balta as Head of Sales Development department. He has also worked for such companies as GE Money bank and Parex bank (currently – Citadele bank). Aleksandrs has a bachelor’s degree in “Business Administration” in BA School of Business and Finance.

About AS “mogo”

AS “mogo” offers classical finance lease and lends against vehicles already owned by clients (a type of service known as leaseback), which is available by filling out an application on the company website, mobile website, over the phone, enquiring with one of more than 200 affiliated car dealerships, or at one of its client service centers in major cities throughout Latvia. Today, “mogo” group companies also operate in Estonia, Lithuania, and Georgia, with plans to expand business to other countries. Read more: www.mogofinance.com

Contacts:

         Māris Puriņš
         Head of Budget and Financial Planning
         Phone: +371 66900904
         Fax: +371 66047063
         Email: maris.purins@mogo.lv