Treasurer
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 |
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06/2008–07/2011 |
Alternate director of the Board of Directors |
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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 |