Neeme Jõgi is European Lingerie Group CEO and head of the Group Management team since April 2021. Neeme is an experienced business executive with a proven track record of leading and growing large scale manufacturing businesses in the Baltic region over the last 25 years. His experience comes mostly from the fast-moving consumer goods (FMCG) sector, having gathered remarkable know-how on company turnaround, new marketing architecture and results focused development. Mr. Jõgi has a MA degree in Economics from Tallinn University of Technology and a EMBA degree in Strategic business planning from Estonian Business School. He is an Estonian national and speaks Estonian, Russian, English and Finnish.
Baiba Birzniece, previously a member of the Group’s Supervisory Board, as of April 2018 joined the Management team as Head of Strategy, M&A and Investor Relations. Baiba has extensive expertise and lead the vertical integration project of Lauma Fabrics, including the acquisition process of Felina International. Before joining ELG, she worked at KPMG Baltics, as well as gained experience working as a corporate development manager at Lattelecom and as senior advisor at Alta Capital Partners to become CFO of Silvano Fashion Group and CFO of Selena Oil & Gas Holding. Baiba holds a degree in Business administration from Vidzeme University and is ACCA certified. Shareholding in European Lingerie Group AB: 1 080 shares indirectly.
Diana Suprunovica joined ELG in 2017 to manage the financial department of the Group. She started her career as an auditor with KPMG Latvia in 2000 participating in due diligence missions and working on IFRS and US GAAP statements. Later she worked as the Head of Accounting department with SPI Cyprus where she successfully managed the transition to SAP, implementing an in-house accounting flow that was previously outsourced. In 2006, she moved to Switzerland as Group Financial Controller at SPI Group SA where she managed a group of 41 multi-industry subsidiaries located in 13 countries. Diana holds a degree in Economics and Business administration from Stockholm School of Economics in Riga and is ACCA certified.
Board of Directors
Carl Oscar Edgren
Carl Oscar Edgren is a venture capital investor and advisor with extensive experience in finance and private equity. He served as Associate on the fixed income desk at Union Bancaire Privée (UBP), as Vice President at FBR Capital Markets, responsible for a diverse institutional client base across regions. Most recently as Venture Partner at Strenuus Capital, a London based family office, before setting up his own investment and consultancy company. Over the past seven years, he has worked with multiple tech start-ups, as well as focusing on expansion capital and restructuring of small to mid-sized companies. Carl Oscar holds a BA Hons degree in Economics/Finance from University of Westminster and University of Miami. He is approved by the UK Financial Conduct Authority (FCA) since 2003.
Indrek Rahumaa is one of the European Lingerie Group’s investors, CEO and Member of the Board since 2019. Having a Master’s Degree in Finance (Stockholm School of Economics) together with the extensive industry knowledge and know-how he has helped the Group to develop and gain its current market positions. Previously Indrek Rahumaa was a founding member and a partner of Baltic Cresco Investment Group AS, a founding member of Tallinn Stock Exchange and served as the CFO for the Estonian national air carrier Estonian Air. He has also served as a member of the Listing Committee of the OMX Tallinn Stock Exchange and has served on the Boards of Mieszko and Silvano Fashion Group. Before he was the Chairman of the Board of Alta Capital Partners, a Baltic and CEE investment group.
Shareholding in European Lingerie Group AB: 42 213 shares indirectly.
Dmitry Ditchkovsky has obtained broad knowledge and professional experience in the fashion industry (lingerie manufacturing and retailing) in CIS and Baltic countries. Previously Dmitry was a board member of Silvano Fashion Group during its formation and reverse take-over and a long time General Director of SP ZAO Milavitsa, the largest lingerie company in CIS, a core subsidiary of Silvano Fashion Group. Before that he established and ran the first private business school in Belarus, IPM Business School as a co-founder and a President. Dmitry has obtained a Master’s degree in Economics at Belarus State Economic University, PhD in Economics from the National Academy of Sciences and MBA from University of New Brunswick (Canada). He has attended numerous executive training and professional development courses in Europe and USA, as well as published more than 20 studies on economics and management topics. ELG Member of Board since 2018. Other current commitments of importance: Member of the Board of Directors of Tsentroenergomontazh, JSC and Chairman of the Board of Directors of IPM Business School, Minsk.