News & Press

London, 21st October 2024 – Andres Kitter, Chief Technology Officer and a member of the executive committee and board of LHV Bank Limited, a subsidiary of LHV Group operating in the United Kingdom, will step down from his position at the end of this year.

Andres Kitter joined LHV in 2013 as a member of the management board of LHV Pank and Head of Retail Banking. Under his leadership the retail banking offering in Estonia was developed, the business line for international financial intermediaries was launched, and LHV was established in the UK.

In his role as Chief Technology Officer, Andres Kitter built one of the most modern banking platforms and assembled a strong team.

“Andres led the development of our successful line of business servicing financial intermediaries, which provided the foundations for the expansion of LHVs brand and operations”, said Madis Toomsalu, CEO of LHV Group. “In turn, this led to the subsequent creation of LHV Bank. We would like to thank him for his leadership in developing the entire financial intermediaries business line, including customer relations, technology and risk management.”

“After 11 remarkable years at LHV, I’ve decided it’s time for a new direction in my career. I am deeply grateful to LHV’s founders and the entire team for their trust and support throughout the exciting and varied journey. During my time at LHV, I’ve had the privilege of helping develop several key business areas and have built a highly capable and inspiring team. Now I feel the time is right to step outside the company and focus on businesses in their earlier stages of development," commented Andres Kitter.