Tallink Grupp makes changes in company Management Board

The Supervisory Board of Tallink Grupp has this morning approved changes to AS Tallink Grupp’s Management Board, accepting the resignation from the Management Board from Mrs Kadri Land, and appointing Ms Elise Nassar to the Management Board as a new member.

Kadri Land has worked at Tallink Grupp in various roles since 2005 and was appointed to the company’s Management Board for the second time in February 2019. She submitted a resignation from the Board on personal grounds and her resignation was accepted by the Supervisory Board at a meeting this morning. Kadri Land’s mandate as a Member of the Management Board of AS Tallink Grupp terminates on 6 March 2024.

Elise Nassar joined Tallink Grupp in February 2018 as a Data Protection Officer, but already a year later, in 2019 she was appointed to head the group’s internal audit department and since the summer of 2022, Ms Nassar holds the position of held the position of Group Head of Legal and Head of the Internal Audit and Internal Control Departments. Prior to joining Tallink Grupp, Ms Nassar worked as a lawyer at AS Ekspress Grupp, the largest media group in the Baltic States. Ms Nassar holds a bachelor’s degree in law from the University of Tartu. On 15 November 2023 the Management Board of the Estonian Shipowner’s Association appointed Ms Nassar as President of the association.

Commenting on the changes in Tallink Grupp’s Management Board, the CEO of Tallink Grupp, Paavo Nõgene said:

”We are sincerely grateful to Kadri Land for her significant contribution to the development of our company over the last 19 years. It is difficult to overestimate her contribution to the development of our business and operations in Sweden and the development of our cargo operations, and to the overall development of shipping in the Baltic Sea region. Kadri is and will be one of the people remembered for shaping shipping in our region in the first two decades of the 21st century. We wish her well for the future and with her next endeavours.

”Elise Nassar will bring new energy and a strong legal background to our Management Board, which will be of great benefit to our business in today’s rapidly changing and developing world of regulations and requirements. Elise has proved herself in the company over the years she has worked here, gradually taking responsibility for large and complex areas of the business and has demonstrated her capabilities leading challenging and vital projects to both our Supervisory Board as well as our significant business and finance partners. I firmly believe that Elise’s competence, background, and experiences will greatly complement those of the existing Board Members and will help us strongly steer our business towards greater and faster recovery after the many crisis years.”

Elise Nassar’s appointment to Tallink Grupp’s Management Board is effective from 6 March 2024.

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