Arco Vara appoints Kert Keskpaik to management board, replacing Rait Riim

Bitget2026/10/09 06:00

Arco Vara replaced management board member Rait Riim, appointing Kert Keskpaik as management board member and manager effective Oct. 8, 2026. Keskpaik previously chaired the supervisory board, has more than 20 years’ real estate development and sales experience, holds a business administration degree. Keskpaik’s supervisory board mandate ended on the appointment. Supervisory board member Tarmo Sild was elected chair; he represents major shareholder Alarmo Kapital, led the company from 2012 to 2020. Board change targets tighter shareholder control, with priority on revising the Luther Quarter plan to improve return on equity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arco Vara AS published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610090200OMX_____CNEWS_EN_GNW1001277003_en) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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