The highest governing body of the Company is the General Meeting of shareholders. The members of the Supervisory Board of the Company (elected on 22 May 2008) are Mr. Indrek Rahumaa, Ms. Zinaida Valekha, Mr. Priit Põldoja and Mr. Pavel Daneyko.
Indrek Rahumaa
Mr. Rahumaa was born in 1972. In 1995, Mr. Rahumaa graduated from the Stockholm School of Economics, majoring in finance. Mr. Rahumaa is the chairman of the Council of the Company as of 1 August 2002. In addition to his service on the Council of the Company, Mr. Rahumaa is the managing partner and the chairman of the board of SIA Alta Capital Partners (www.altacapital.eu). Mr. Rahumaa is also a member of the management board of Latvian companies AS Lauma and SIA Lauma Fabrics. Mr. Rahumaa was a founding member and a partner of Baltic Cresco Investment Group AS. In the past, he was also a member of the council of AS Cresco, Cresco Väärtpaberite AS, OÜ CC Computer, AS Aktivist Network, AS Equitygate, AS Erel Group, AS Norbert and AS Teede REV-2 and AS XXL.EE. He currently serves as a member of the management boards of AS Farland Trade Group, AS Finare Systems, OÜ Zenith Estate, OÜ Alta Holding, OÜ Investeerimisvabrik and OÜ Alta Investments I. He is a member of the councils in AS Vicron Investment Group, Alta Aviation OÜ, AS Hea 5, AS Vene Posti Operaator, Legendijuhtimise AS, Privador AS, Bryum Estonia AS, Alta Capital AS and 2R Investments AS.
Zinaida Valekha
Ms. Valekha was born in 1941. Ms. Valekha is a member of the Council of the Company as of 31 May 2007. Ms. Valekha has extensive experience in the textiles industry. She has worked in various textile manufacturing enterprises since 1961 and served as a deputy minister of light industry of Belarus from 1985 to 1991. Ms. Valekha served as the general manager of Milavitsa between 1991 and 2002 and is currently a member of Milavitsa’s council. Ms. Valekha graduated from the former Leningrad Institute of Textile and Light Industry (1968).
Priit Põldoja
In 1994 Mr. Põldoja graduated summa cum laude from Mount Saint Mary's College in the United States of America with BS in Business & Finance and has in 2006 graduated from Advanced Management Program in INSEAD, Fontainebleau, France. Mr. Põldoja has been since February 2008 partner in SIA Alta Capital Partners. Mr. Põldoja was CEO and Deputy Chairman of the Board of AS Hansapank from June 2005 to February 2008. In addition, Mr. Põldoja has worked in AS Hansapank in the following positions: Mr. Põldoja was Head of Retail Banking and member of the Board from April 2004 to June 2005; Mr. Põldoja was Head of Investment Management from April 2000 to April 2004; Mr. Põldoja was Managing Director of Hansabank Markets from March 1999 to April 2000; he was Chief Financial Officer of Hansabank Markets from May 1998 to March 1999. From August 1997 to April 1998 Mr Põldoja was Director of Credit and Corporate Banking and member of the board of Tallinna Pank. From March 1996 to August 1997 Mr Põldoja was chairman of the board of Tallinna Pank Leasing. Mr. Põldoja worked from January 1995 to January 1996 in the Dai-Ichi Kangyo Bank in the United States of America as financial analyst.
Pavel Daneyko
Mr. Daneyko was born in 1961. He studied since 1980 in the preparatory branch of the Belarusian State University and since 1981 in the department of history, the field of political economy of the Belarusian State University. In 1992 he acquired postgraduate degree in the Institute of Economics with the Belarusian Academy of Sciences. After acquiring the bachelor diploma, Mr. Daneyko was a research associate in the Belarusian Scientific Research Centre for Scientific-Technical Information and Technical-Economic Research. During 1988 - 1991 he was a research associate in the Institute of Economics with the Belarusian Academy of Sciences. Mr. Daneyko was the director of the financial investment company “ФИКО” from 1991 to 1992. From 1992 to 1993 Mr. Daneyko was Director of the consulting company “Systematic Business Consulting”. In 1993 he initiated the establishment of the Institute for Privatisation and Management here he worked as the Vice President until 1996. During 1992-1999 Mr. Daneyko was the Head of the Supervisory Board of “Milavitsa”. During 1996 - 1999 Mr. Daneyko was a research associate in the European Humanitarian University Centre for Economic and Social Research. From the end of 1997 Mr. Daneyko was the Vice President of the Institute for Privatisation and Management, and from the beginning of 1999 the President of the Institute for Privatisation and Management. From October 1999, he was the Director of the National Competitiveness Development Centre. From June 2001 he was again the President of the Institute for Privatisation and Management. From 2002 to 2006 he was the President of the Institute for Privatisation and Management and since 2006 he has been the Chairman of the Supervisory Board of the Institute for Privatisation and Management. Mr. Daneyko is also the Rector of Moscow Business School since 2007.