Mārtiņš Priede

Chairman of the Executive Board, CEO, Chief Risk Officer

Mr. Priede has been a member of the Executive Board of AS IBS „Renesource Capital” since June 9, 2011, and a member of the Supervisory Board of AS IBS „Renesource Capital” since October 12, 2009. Mr. Priede developed and implemented the corporate strategy of the Company with the result that AS IBS „Renesource Capital” is the largest independent private investment brokerage company in Latvia at present. Mr. Priede has experience of over 15 years in banking sector, capital markets and investment services, securities market surveillance. Mr. Priede is the former Head of FOREX and derivatives brokerage department in the Capital markets and investment services division of AS „Parex Banka”.

He is responsible for the departments performing customer service, brokerage and fiduciary operations departments, supervises the marketing and sales department and directs the corporate financing activities. Mr. Priede is the person responsible for development and implementation of the Company strategy; he is also responsible for work with the international financial institutions and for introduction and development of information technologies of the Company.

M. Priede has a degree in Economics from the University of Latvia.

 

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.