The Supervisory Board of Inbank appointed Erkki Raasuke, an existing Supervisory Board Member, as Chairman of the Supervisory Board. Additionally, at today’s Annual General Meeting, Isabel Faragalli, an expert in capital markets, and Sergei Anikin, a technology visionary, were elected to the Supervisory Board.
The term of the Chairman and the new Supervisory Board members will commence on 1 April 2025 and will continue for three years.
According to Jan Andresoo, the former Chairman of the Inbank Supervisory Board, the appointment of two new independent members and a new Chairman marks a significant step toward a more diverse and independently governed Supervisory Board, which is essential for Inbank’s journey to becoming a public company.
“With Erkki Raasuke leading our Supervisory Board, Inbank gains outstanding expertise in corporate governance, backed by decades of executive experience in banking. His strategic mindset and strong work ethic will be invaluable as we navigate the next phase of our development, and I look forward to working with him,” said Jan Andresoo.
“As Inbank and the complexity of the business continue to grow, we need to further strengthen our governance structure which is why I’m very excited to welcome Isabel Faragalli and Sergei Anikin to the Supervisory Board. Isabel brings deep expertise in capital markets, while Sergei contributes strong leadership in technology. Together, they will help bolster and internationalize our governing bodies,” said Jan Andresoo.
Strengthening governance for future growth
“My professional collaboration with founders Priit and Jan dates back over 20 years. Ever since, I have admired their strategic acumen, entrepreneurial spirit, and strong execution capabilities. Building on these qualities, they have successfully developed a dynamic and agile international business with a strong culture and a highly dedicated team. I am honored to be part of this team and contribute my knowledge and expertise in supporting its continued success.
As Chairman, I will focus on steering a high-value, strategically engaged Supervisory Board while actively overseeing risk and audit matters to further strengthen Inbank’s governance and resilience,” said Erkki Raasuke.
The new Supervisory Board members on joining Inbank
“I am delighted to join the Inbank Supervisory Board. With almost 30 years of experience in the European capital markets, I have advised many European banks and consumer finance companies on their funding and growth strategy and I very much look forward to sharing such experience with Inbank and supporting them with their international expansion,” commented Isabel Faragalli.
"I am thrilled to join the Inbank Supervisory Board and collaborate with an exceptional team of professionals. In today’s world, technology is the key driver of success for any business, and I firmly believe that its strategic application can unlock new growth opportunities. My passion lies in leveraging technology to drive business transformation, and I look forward to helping Inbank scale its operations, expand internationally, and strengthen its position as a leader in financial technology,” said Sergei Anikin.
Jan Andresoo to drive platform and product innovation
Jan Andresoo will remain a Member of the Supervisory Board and take on a hands-on leadership role in shaping Inbank’s new products and channels strategy, supporting the company’s transition into a platform business ahead of its IPO journey.
“Inbank remains a founder-led company, with CEO Priit Põldoja and I actively engaged in building and steering the company toward future growth. My focus will be on ensuring that Inbank continues to innovate and deliver value to our merchant partners and customers,” said Jan Andresoo.
The Inbank Supervisory Board will consist of seven members, including Erkki Raasuke, Jan Andresoo, Roberto de Silvestri, Triinu Bucheton, Raino Paron, and the newly elected members Isabel Faragalli, and Sergei Anikin.
About the new members
Erkki Raasuke is a seasoned financial executive, non-executive board member, and strategic advisor with extensive experience in banking and corporate governance. From 1994 to 2011, Erkki worked at Hansapank and later Swedbank, holding various senior leadership roles, including CFO and Chairman of the Board. Between 2012 and 2013, he advised the Ministry of Economic Affairs and Communications, focusing on state-owned enterprise governance. He later served as Managing Director of LHV Group (2013-2016), CEO of Luminor Bank (2016–2020) and as CFO at Skeleton Technologies (2021–2024).
Currently, Erkki serves as Chairman of the Supervisory Board at the Estonian Business and Innovation Agency (EIS) and has been a Supervisory Board Member at Enefit Green since 2021. He joined the Inbank Supervisory Board in 2023.
Isabel Margaret Anne Faragalli brings extensive experience in investment banking, asset management, and structured finance, having held senior leadership roles across global financial institutions. She currently serves as Head of Investments Europe at Spectrum Principal Asset Management, where she leads investment strategy, asset origination, and business development across Europe. Previously, she spent over six years at Credit Suisse, driving capital market solutions and credit structuring within the Debt Capital Markets division, working with large European corporates and banks. Her career spans over two decades in leading financial firms, including EFG Bank, Swiss Re, Man Investments, and Credit Suisse First Boston, specializing in capital markets, investment consulting, and structured credit solutions. Isabel holds an MSc in Finance & Financial Law from the University of London and is a qualified English lawyer (non-practicing). Fluent in English, German, Italian, and Spanish, she also lectures at Hochschule Luzern’s MBA programs.
Sergei Anikin is a seasoned technology leader, angel investor, and board member with extensive experience in scaling startups, fostering innovation, and driving business growth. He is currently the Chairman of the Board at Bisly and Katana MRP, as well as an active investor and advisor focused on SaaS, deep tech, and company scaling. Previously, he served as Chief Technology Officer at Pipedrive, where he played a pivotal role in scaling the company from a 20-person startup to its acquisition by Vista Equity Partners, growing the engineering team from 10 to over 400 professionals and increasing annual recurring revenue from $1 million to $100 million. He has also held leadership roles at Tuum, Microsoft, Skype, and Hansabank, with expertise in software architecture, engineering management, and business transformation. Sergei holds a Master’s degree in Data Processing from TalTech and is known for his ability to align technology with business goals, making him a key player in driving innovation and scaling businesses globally.
Jan Andresoo co-founded Inbank in 2010 and served as its CEO until 2021, with a primary focus on product strategy. Since 2021, he has chaired Inbank’s Supervisory Board. In addition to his role at Inbank, Jan co-founded Paywerk, a cross-border BNPL e-commerce platform, in 2021, which was acquired by Swedbank in 2024. Between 2006 and 2010, he held various executive positions at Swedbank Leasing. He has also been actively involved in the launch and scale-up of Coop Finants, Veriff, and PSP Maksekeskus.