Gary Sher to step down as CFO of LHV Bank

LHV Bank, a leading provider of banking services to fintechs and SME lending solutions to UK businesses, announces the resignation of Gary Sher, Chief Financial Officer and Board Director.

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Sher will continue to serve until 8 September, ensuring a smooth transition.

Madis Toomsalu, Chairman of the Board, expressed his appreciation for Sher’s contributions, stating, “Gary Sher joined LHV Bank in July 2021, during the initial phase of the banking license process. He played a pivotal role in securing approval for our UK banking license. We extend our sincerest thanks to Gary for his significant contribution over the past two years and wish him every success in his future endeavours.”

The process of identifying Sher’s successor will start immediately. LHV Bank intends to build on the solid foundation he helped to create and is dedicated to delivering on its promise of providing exceptional banking services to its clients

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