Darja Bolshakova Appointed as Chief Financial Officer of Arco Vara as of May 5, 2025

Core Insights - Arco Vara AS has appointed Darja Bolshakova as the new Chief Financial Officer, bringing 15 years of experience in the financial sector [1] - Bolshakova has held senior positions in various companies, focusing on financial reporting, investment strategies, fund administration, and M&A transactions [1] - Kristina Mustonen, CEO of Arco Vara AS, emphasized the importance of strong financial leadership for the company's growth and stability [2] Company Leadership - Darja Bolshakova will also serve as a Management Board member in all Estonian subsidiaries of Arco Vara AS [2] - Bolshakova holds a master's degree in finance from the University of Tartu, enhancing her qualifications for the CFO role [1] Strategic Importance - The selection of Bolshakova was influenced by her diverse experience in sectors such as real estate development, private equity, and international investment portfolios [2] - Mustonen believes that Bolshakova's analytical skills and experience in value-based decision-making will support the company's sustainable growth [2]