BAKU, Azerbaijan, July 23. Minister of Climate
and Environment of Estonia Andres Sutt has proposed that Madis
Toomsalu be appointed as a member of the Supervisory Board of the
State Forest Management Centre (RMK) starting from August 1,
Trend reports
citing the country’s Ministry of Climate.
“Madis brings international executive and financial expertise,
along with experience in technology-based innovation, to the board.
His previous experience aligns perfectly with RMK’s goal of
increasing the long-term value of state forests, investing in
nature conservation, and offering visitors opportunities to
experience Estonia’s rich biodiversity,” said Sutt.
Madis Toomsalu has worked at LHV since 2007 and has served as
Chairman of the Management Board of LHV Group since 2016. He was
named Best Leader of 2022, and LHV has repeatedly received the
title of Best Employer. Since 2017, he has also been a board member
of Finance Estonia. He holds a master’s degree in finance from
Tallinn University of Technology.
“RMK has been a dynamically developing organization over the
years, and the current team has done excellent work,” said
Toomsalu. “Moving forward, it is crucial that RMK’s owner – the
Estonian state – sets clear, cross-ministerial expectations and
reaches a firm and specific agreement on balancing different
interests.”
According to the Forest Act, the RMK’s nine-member Supervisory
Board includes two members appointed by the Riigikogu, two
representatives from the Ministry of Climate, one from the Ministry
of Economic Affairs and Communications, one from the Ministry of
Finance, and three experts proposed by the Minister of Climate.
Madis Toomsalu will replace Karel Rüütli on the board. Current
board members continuing in their roles include Chair Kadri Land
and members Annika Uudelepp, Anti Allas, Maria
Jufereva-Skuratovski, Ahti Kuningas, Pille Ligi, Marek Metslaid,
and Merike Saks.
