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Treasury

Treasurer

Created : 25.09.2017. Updated: 26.06.2023.

K.Āboliņš.jpg

Kaspars Āboliņš

 

Education

Year

Institution

Degree or Diploma Obtained

1996–1999

University of Latvia, Faculty of Economics and Management

Master’s degree in Public Management

1992–1996

University of Latvia, Faculty of Management and Economic informatics

Bachelor’s degree in Business Management

Work experience

Date

Company

Position

Responsibilities

04/2006–…

The Treasury of the Republic of Latvia

Treasurer

Definition of the institution’s goals, elaboration and implementation of its strategy.

Execution of the state budget.

State debt and cash management.

Management of state loans and state guarantees.

Performance of the function of the Payment and Certification Institution as regards EU funds and foreign financial aid.

Provision of the accounting services.

Administrative management of the institution.

09/2019–…

Augstsprieguma tīkls AS

An independent transmission system operator in the Republic of Latvia.

Chairman of the Supervisory Board

Elaboration of company’s strategy and definition of goals, supervision and control of the activities of the Company’s Board.

 

Date

Company

Position

Responsibilities

04/2020–05/2023

Air Baltic Corporation AS

The Baltics leading airline

Deputy Chairman of the Supervisory Board

Elaboration of company’s strategy and definition of goals, supervision and control of the activities of the Company’s Board.

02/2015–03/2020

Member of the Supervisory Board

01/2018-04/2020

Joint-stock company “Conexus Baltic Grid”

A unified natural gas transmission and storage operator in Latvia, manages one of the most modern natural gas storage facilities in Europe.

Chairman of the Supervisory Board

Elaboration of company’s strategy and definition of goals, supervision and control of the activities of the Company’s Board, strengthening of internal audit. 

06/2016 –06/2018

Nordic Investment Bank

Chairman of the Board of Directors

Elaboration of Bank’s strategy and definition of goals, supervision and control of Bank’s management.

07/2011–10/2019

Director of the Board of Directors

06/2008–07/2011

Alternate director of the Board of Directors

03/2014– 12/2014

Joint-Stock Company “Development Finance Institution”

State owned enterprise, which provides efficient and professional support to specific target groups in the form of financial instruments (loans, guarantees, investments in venture capital funds, etc.) and non-financial instruments (consulting, training, mentoring, etc.).

Head of Restructurisation

To manage and organise the integration (restructuring) process of State owned joint stock company "Latvian Development Finance Institution Altum", Latvian Guarantee Agency and Rural Development Fund simultaneously ensuring the supervision, coordination and control of the entire process.

07/2013–01/2015

Joint-Stock Company “Reverta”

The leading distressed assets management company in the Baltics with its main goal to recover the maximum of State Parex Banka’s recovery investments.

Member of the Supervisory Board

Supervision and control of the activities of the Company’s Board

07/2012–09/2012

State owned joint-stock Company "State Real Estate"

Provides a profession management and governance of real estates to around 450 addresses of the real estates, i.e. 1200 buildings with an area of 1.1 million m2, and more than 4000 landed properties with an area that is larger than 10 million m2. Its sole shareholder is the Ministry of Finance.

Chairman of the Management Board

Ensuring of the operational management.

12/2008–03/2010

Joint-Stock Company “Parex banka”

Member of the Supervisory Board

Supervision and control of the activities of the Bank’s Board

01/2003–09/2010

“North Vidzeme Waste Management Organisation”, Ltd

Member of the Supervisory Board

Elaboration of Company’s strategy and definition of goals, supervision and control of the activities of the Company’s Board.

01/1997–04/2006

The Treasury of the Republic of Latvia

Director of Financial Risk Management Department

Elaboration of the strategy for the state debt management. Management of the financial risks of the state debt portfolio. Management of the credit risk of state guarantees and state loans. Risk management of the cooperation partners.

Evaluation of the financial capability of Cohesion Fund project applicants.

09/1996–01/1997

The Ministry of Finance

Head of Division of loan forecasting and analyses in Foreign debt management department

Organization of forecasting and analyses of state debt.

09/1994–09/1996

Chief expert of Division of loan forecasting and analyses in Foreign debt management department

Forecasting and analyses of state debt.

Organization of payments of the loans provided by the World Bank.

 

Other information

Regular cooperation with the investors in securities of the Republic of Latvia and the responsible officials of the international financial institutions. Participation in seminars, conferences and forums, organized by World Bank, IMF, central banks or ministries of finance of Scandinavian countries, international financial institutions about state debt management,  etc.

Additional education

Financial markets, financial risk management, analysis of bank credit risk, use of derivatives in the management of state debt, quality and risk management, top management development programme

Language skills

Latvian – native

 

Comprehension

Speaking

Writing

English

C1

C1

C1

Russian

C2

C1

B2