AS “mogo”, reg.no. 50103541751, hereby informs about changes in the management board of AS “mogo”. The Chairman of the Management board, Anete Pallo, is leaving the position as of 1^st March 2024. The position of the Chairman of the Management board will be taken over by Vladislavs Mejertals.

V. Mejertals graduated from the Stockholm School of Economics and obtained a Master’s degree (MBA). Since 2019 V. Mejertals is the regional COO of AS Eleving Stella, (sole shareholder of AS “mogo”) and since 2020 – Deputy Chairman of the Supervisory board of AS “mogo”. Before joining the Eleving Group, V. Mejertals gained significant experience in the non-bank lending and debt collection industries, managing the non-bank lending company Wandoo Finance Spain. He also worked for more than six years at ASA B2Holding group companies in the Baltics.

About AS “mogo”

AS “mogo” is a part of the international financial technology company Eleving Group. AS “mogo” operates in Latvia and offers leasing, leaseback, and car rental services in the most convenient way for customers – online, by phone, and in cooperation with more than 220 partners. AS “mogo” serves more than 8 000 customers, managing a product portfolio of 35.9 million euros.

About Eleving Group

'Eleving Group' is a global multi-brand group established in 2012 that operates in vehicle and consumer financing segments. As of now, the company has 16 markets of operations across three continents. The company has a portfolio of over 320,000 active clients worldwide, and the total volume of loans issued exceeds EUR 1.6 billion. In 2020 and 2021, the Financial Times ranked Eleving Group among Europe's Top 1000 fastest-growing FinTech companies. Currently, Eleving Group has more than 2750 employees. The company's bonds are listed on Nasdaq Riga and Frankfurt Stock Exchange. In 2023, Eleving Group received 1st place in the Nasdaq Baltic Awards in the category of Best Investor Relations on the First North Bond List. 

Read more: www.eleving.com