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Iute strengthens governance at Energbank with appointment of Madis Toomsalu to the Supervisory Board
Tallinn, Estonia, 29 April 2026. Iute Group, a leading European personal finance group, has appointed Madis Toomsalu to the Supervisory Board of its Moldovan subsidiary Energbank. The appointment strengthens Energbank’s governance and institutional framework as the bank continues to expand its activities within Iute Group’s digital banking strategy. Madis Toomsalu brings extensive experience in banking and financial services. He served for nearly nine years as Chief Executive Officer of LHV Group and held various senior roles within the group for more than 16 years. His experience is expected to support Energbank in areas such as governance, risk management, and operational oversight. Tarmo Sild,...
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