Aare Tark was elected Chairman of Port of Tallinn’s Supervisory Board

 Aare Tark was elected as the new Chairman of Port of Tallinn’s Supervisory Board at the Board’s first meeting. Also, new Audit Committee members were appointed and topics related to the competition to fill the position of Chairman of the Management Board of Port of Tallinn were discussed.

On October 15, the meeting of the new Supervisory Board of Port of Tallinn was held, including members Aare Tark, Urmas Kaarlep, Mart Luik, Üllar Jaaksoo, Merike Saks and Agris Peedu. An attorney Aare Tark was elected as the new Chairman of the Supervisory Board unanimously. In accordance with company’s statute the Supervisory Board also appointed for the next three years Audit Committee members: Urmas Kaarlep, Agris Peedu and Mart Luik.

According to the new Chairman of the Supervisory Board Aare Tark the first task of the Supervisory Board is to elect a professional and competent Management Board for Port of Tallinn and the supervision of company’s activities and taken responsibilities, primarily the fulfilment of the contracts about ferry building. „The Supervisory Board cannot interfere in the company’s everyday activities, but can supervise them. As the Chairman of the Supervisory Board I consider important to insure that all activities in the company are lawful and that contractual terms are fulfilled,“ added Tark.

Members of the contemporary Management Board of Port of Tallinn and a representative of the personnel search company Amrop gave the Supervisory Board an overview of the ongoing competitions – Port of Tallinn and its sub-company TS Laevad are both looking for a Chairman of the Management Board. Also, next steps and an approximate timetable about the competitions were agreed on. In cooperation with Amrop, a workgroup made from Supervisory Board members will pick out the suitable candidates.

Management Board members Marko Raid and Carri Ginter also introduced the current state of the ferry project and gave an overview of their recent visit to Turkish and Polish shipyards, where the ferries are being built. Members of the Management Board both confirmed that both shipyards are on track with the ferry building process and that managements of both shipyards are very cooperative and aware of the importance of the project to Port of Tallinn and to Estonia in general.

The next meeting of the Supervisory Board will take place on November 29.