About · LHV

LHV values

Our mission is a better access to financial services and capital. According to our vision, people and enterprises have the courage to think big and start things, setting ambitious goals and investing in the future. Our values are to be no bullshit, agile and never satisfied.

No bullshit
We don’t like beating around the bush – we prioritise simplicity in everything we do, so that doing business with us is easy, our actions are relevant, understandable and transparent.

Agile
We listen to our customers and offer solutions that take into account their needs. To us partnership is important. We support those who are committed. Even in difficulties we focus on finding solutions.

Never satisfied
With our work we want to create added value. When investing, the best possible return is paramount. We value effective solutions. We work efficiently and sustainably to meet expectations of investors and customers.

1999

Founded

+400,000

Clients

+1000

Employees

+39,000

Shareholders

Brief history of LHV

LHV was founded in 1999, by Rain Lõhmus and Andres Viisemann. We have over 940 people working for us. Our offices are located in Tallinn, Tartu and Pärnu. More than 400,000 clients are using our banking services, LHV’s leading pension funds have nearly 129,000 clients and LHV Kindlustus protects a total of 160,000 clients. We are more innovative than the other banks and we have the strongest investment and entrepreneurship experience.

1999
- On 9 February, LHV was founded as an investment union.
- Brokerage operations and portfolio management were started.
- LHV Varahaldus was founded.
- LHV financial portal was created.
2002
- Pension fund management was started.
2005
- LHV Group was founded.
2009
- On 6 May, a banking license was obtained and the business name AS LHV Pank adopted.
- The bank began offering deposits and business loans.
2010
- The bank began offering settlement services.
2011
- The bank began issuing bank cards.
2013
- LHV Finance was founded to offer hire-purchase.
- A holding in Mokilizingas was acquired.
2014
- The bank began offering card payment acceptance service.

2015
- Network of LHV ATMs was opened.
- LHV Group became a publicly traded company.
2016
- The shares of LHV Group were listed on the Nasdaq Tallinn Stock Exchange.
2018
- LHV UK Branch opening.
2019
- LHV Pank takes over Danske Estonia’s private clients loan portfolio.
- Joining united ATM network increases number of ATMs.
2020
- LHV Group signed the UN Principles for Responsible Banking.
- LHV Kindlustus was established.
- Danske banks loan portfolio for local governments and companies was taken over.
2021
- LHV UK was established.
- LHV insurance products went live.
2022
- LHV UK bought Bank North's lending business and started issuing loans.
- LHV Group raised 35 million euros from investors with the public offering of shares.
- LHV Group acquired EveryPay.
2023
- LHV UK received a banking licence

Available jobs

We offer you the opportunity to work in a rapidly developing domestic enterprise, where you can feel the impact of your decisions and work with the top specialists in their respective fields. We have clear goals and a modern working environment. LHV Pank is the “Dream Employer 2015”. Come and contribute to the success story of an Estonian bank.

Available jobs

Sustainability

LHV is a responsible company that recognises its duty in moving towards a cleaner environment and a more sustainable economy. We operate and grow sustainably, and contribute to solving both local and global problems.

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Sponsorship

LHV Pank takes social responsibility seriously. We do all we can to support activities and initiatives which contribute to the development of Estonian society. In the case of our sponsorship projects, we prefer long-term and substantial cooperation. We are willing to contribute to the realisation of innovative ideas helping to make life in Estonia better.

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Pangasaladus (Banking Secret) by LHV

“Sometimes we think of a financial institution as a place full of men in pressed suits inside grey concrete walls, clutching briefcases of a timeless design, from which they extract standard A4 sheets of paper, the text precisely aligned in regard to the margins. But there are different kinds of financial institutions. Some are very different. Places where you can engage in original thinking. Where you yourself make the decisions. Where you do it yourself. Where you make mistakes yourself and if you want to dance until five in the morning on the desks, only to start work a few hours later, then that’s a decision you also have made yourself.”

LHV is that kind of place. Eero Epner’s rollicking account of the history of LHV Pank, written for the bank’s 20th anniversary, tells the real-life story of the bank’s inception, first two decades of operation and its growth into the financial group as we know it today. The book is based on tens of interviews with LHV’s founders and staff past and present. Illustrations by Joonas Sildre provide added value. The colourful stories that have spread by word of mouth have now become a complete history.

E-book is on sale in Rahva Raamat, Apollo or other major e-book stores.

Audiobook can be found on the MyBook Application in Google Play and App Store. The book was narrated by actor Juhan Ulfsak.

LHV team

Madis Toomsalu

Chairman of the Management Board of LHV Group

Rain Lõhmus

Chairman of the Supervisory Board

Andres Viisemann

Member of the Supervisory Board

Tiina Mõis

Member of the Supervisory Board

Heldur Meerits

Member of the Supervisory Board

Raivo Hein

Member of the Supervisory Board

Tauno Tats

Member of the Supervisory Board

Liisi Znatokov

Member of the Supervisory Board

Kadri Kiisel

Chairman of the Management Board

Annika Goroško

Member of the Management Board, Head of Retail Banking

Indrek Nuume

Member of the Management Board

Jüri Heero

Member of the Management Board, Head of IT

Kadri Haldre

Member of the Management Board, Chief Risk Officer

Meelis Paakspuu

Member of the Management Board of LHV Bank, Chief Financial Officer

Annika Goroško

Head of Retail Banking

Kristel Paet

Head of Client Services

Veronika Saare

Head of Telemarketing, Sales Partner

Alisa Kuznetsov

Head of Client Offices

Kristi Loo

Head of Client Support/Service Partner

Margareth Kandroo

Everyday Banking Support Team Lead

Marjana Hiie

Client Data Management Team Lead

Martin Seilmaa

Investment Services Specialist

Kevin Veltri

Business Client Managers Team Lead

Benjamin Siiman

Business Client Manager

Mikk-Martin Anvelt

Business Client Manager

Piret Eriste

Business Client Manager

Annegret Leiten

Private Client Manager

Helena Talviki Kerro

Private Client Manager

Helina Liivamägi

Private Client Manager

Lenna Diana Vaab

Private Client Manager

Luisa Müür

Private Client Manager

Maria-Elisabeth Haava

Private Client Manager

Catlin Vatsel

Head of Private Financing Department

Kati Peramets

Quality Manager of Private Financing Department

Sander Pikkel

Head of Investment Services

Nelli Janson

Head of Investor Community

Indrek Nuume

Head of Business Banking

Kristiina Säre

Head of Business Banking Department

Egon Rand

Business Client Manager

Marin Moks

Business Client Manager

Anu Sillari

Business Client Manager

Eneli Oras

Business Client Manager

Imbi Mere

Business Client Manager

Jürgen Raag

Head of Real Estate Financing

Lenna Pedras

Client Manager of Real Estate Financing

Urmas Tsahkna

Head of Corporate Banking

Rainar Paavo

Corporate Client Manager

Meelis Liivak

Corporate Client Manager

Anne-Mai Sallaste

Corporate Client Manager

Kristy Kaljumäe

Corporate Client Manager

Taago Hiiesalu

Head of Business Banking (South Estonia)

Arti Albert

Business Client Manager (South Estonia)

Rauno Rändla

Business Client Manager (West Estonia)

Enn Leet

Head of Trade Finance

Annika Virolainen

Trade Finance Product Manager

Marge Kütt

Trade Finance Product Manager

Renet Heinla

Head of Corporate Settlements

Stella Themas

Client Manager of Corporate Settlements

Kaie-Liis Asu

Head of Private Banking