Mr. Maris Salzirnis

Maris Salzirnis has been appointed as the new Chairman of the Board of Parex Leasing and Factoring Ltd (PLF) , starting 18 January 2008.

Mr Salzirnis has highlighted market share growth for PLF in the domestic car-leasing sector as a key objective for the Company as well as service developments in the Latvian regions, utilising the Parex banka branch network.

"In my opinion, Parex leasing has the advantage of foreign branch location, especially in Germany and Sweden, which allows us to offer our leasing services beyond the limits of Latvia.Under the former Chairman, Ilze Zoltnere, PLF has, over the past two years, become a significant player in the local market.Over the next few years we plan to build on this with considerable growth in both, car and industrial leasing", - said Maris Salzirnis, sharing his future views.

Previously Maris Salzirnis was the Juridical Director of Unilīzings Ltd.He was also Head of Internal Audit Control and Corruption Prevention Division Head at the Road Traffic Safety Department (CSDD).Mr Salzirnis obtained a bachelor's degree in Law from the University of Latvia, and a master's degree in Business Management from Turība University.

Ilze Zoltnere, the previous head of PLF, has taken up a new challenge in the sector of telecommunications.