Bigbank Estonia Chief Jonna Pechter Leaves, Arthur Taavet Takes Over Duties
Jonna Pechter, who has led Bigbank Estonia's operations for the last seven years, is leaving her position on May 31st, and Arthur Taavet, head of the bank's deposits and marketing unit, will take over as acting head.
Bigbank's board chairman Martin Länts emphasized that under Jonna Pechter's leadership, Bigbank Estonia's business results, team, structure, and all major internal bank processes have undergone significant development. "It certainly hasn't gone unnoticed in the banking sector what excellent work Jonna has done. For Bigbank, the continuous development of our team members is extraordinarily important and we are proud of this even when it opens doors to new challenges," said Länts, recalling that over the last six years Bigbank's retail loan portfolio has grown six-fold and Bigbank's recommendation index is at the top of the sector.
Jonna Pechter says that the last years have been a time of major changes and rapid growth. "Bigbank is a clear leader in the Estonian banking market in the deposits sector and has fought its way to a strong position in the home loan segment," Pechter listed the bank's major successes in recent years. "Today Bigbank is ready to become every Estonian person's home bank, offering a current account, bank cards and other important everyday banking services. Leaving is never easy, but at the threshold of this new era, there is a meaningful window of time to pass the baton and take on a new challenge," commented Jonna Pechter.
The responsibilities of Bigbank Estonia unit head will be taken over from June 1st by Arthur Taavet, head of the bank's deposits and marketing unit, who has worked at Bigbank for almost three years and has also completed Bigbank's management development program. As a member of the Estonian business unit's management team, he has a good overview of the business unit's focus, risks, and operations. "With the change of leadership, Bigbank's momentum will not slow down – we will continue to gain market share with home loans and bring in current account customers even faster. Bigbank has offered better deposit interest rates for fixed-term deposits for years, but now we also offer every customer a clear 2% interest on the balance of our everyday current account, which is the best in the market," commented Arthur Taavet.
