Mindaugas Sventickas, a finance and management specialist who has been a part of the company for several years, is taking over the position of the head of Coface Baltics.
In this position he will replace Mantvide Starbeik, who has decided to continue his professional career in another field.
We have appointed a professional and experienced economist as the head of Coface Baltics. He has also facilitated the expansion of the company’s operations in the Baltics, as well as helped to strengthen the company’s operations in international markets for many years. We appreciate Mindaugas’ professional and managerial competencies, and we are pleased to be able to entrust him with the trade credit insurance business in all Baltic countries, ”says Jaroslav Javorskis, CEO of Coface Central Europe.
Prior to taking over the management of Coface Baltics, for the last two years Mr. Sventickas headed Coface PKZ, a division of the company in Slovenia, where he will continue to hold the position of a member of the Board. Since 2005, M. Sventickas has held various senior positions in the company: until 2016 he was the Deputy Director of the Risk Underwriting Department and then also the Director, but from 2016 to 2019 M. Sventickas headed the Baltic Risk Underwriting Department.
I am pleased to return to Coface Baltics, where together with the team we will continue to help Lithuanian, Latvian and Estonian companies manage business risks. I believe that my international experience and knowledge of other markets will be useful to further strengthen customer service and help them make successful business decisions, ”emphasizes M. Sventickas.
In total, Coface Baltics employs 30 specialists who provide services to clients in Lithuania, Latvia and Estonia. About Coface More than 75 years of experience and a dense network of offices have helped Coface to become one of the world’s largest trade credit insurance and risk management companies. .
Coface’s services are used by more than 50,000 customers worldwide. Coface’s services and solutions protect customers’ financial stability and help companies make informed, credit-related decisions to increase their ability to increase sales in domestic and export markets. In 2020, the company’s turnover reached 1.45 billion euros.
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