LHV Bank CFO to step down

Gary Sher, the chief financial officer of LHV Bank is to step down from his position. 

Sher, who is also a board member of LHV Bank, will remain in place until September.

LHV Bank, known as LHV UK until recently, secured a UK banking license in May 2023, one year after submitting its application.

“Gary Sher joined LHV Bank in July 2021, during the initial phase of the banking license process. He played a pivotal role in securing approval for our UK banking license. We extend our sincerest thanks to Gary for his significant contribution over the past two years and wish him every success in his future endeavours,” said Madis Toomsalu, Chairman of the Board of LHV Bank.