Baltic, Banks, Financial Services, Legislation

27-year-old Mahhov has been working as FCO of Bigbank since February this year. From 2007 to 2010 he held the position of the head of the analytical team of Alta Capital Partners and from 2003 to 2007 worked in Swedbank Estonia in a number of positions, focussing on financing mergers and acquisitions.

Chairman of the supervisory board of Bigbank Parvel Pruunsild stated that the increase in the number of members of the management board was necessitated by the expansion of the bank’s operations and that has brought along new tasks in financial management on the management level as well. “We found that from the point of view of more efficient general management of the group, it would be necessary to expand the management board of Bigbank by the position of FCO as well,” he explained.

Bigbank AS is a specialised bank based on the Estonian capital that has branches in Finland, Latvia and Lithuania. The bank also offers its products in Austria and in Germany as cross-border services.