SEB announces new Latvian custody head 30 September 2011Riga Reporter: Anna Reitman
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SEB Bank has announced that Gatis Simsons will be taking over as head of custody services in Latvia. Simsons makes the move from Swedbank Latvia and has experience in payments, custody and correspondent banking services.
The announcement comes as SEB's former custody head for the region, Andis Artmanis, leaves after 17 years with SEB.
"Ever since the creation of custody services in Latvia, Andis has contributed considerably to maintain high level of services in the field and to the development of the post-trade securities market in Latvia," wrote SEB in a note. "At the same time we are pleased to announce that Gatis Simsons will replace Andis starting 4 October."
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