As Hive Finance Group continues to grow, the way we structure our business must improve, too. Effective governance isn’t just about hierarchy. It’s about creating a stable basis for long-term performance. For investors, this means transparency, accountability, and clear decision-making.
A New Leadership Chapter
Recently, we welcomed Aurimas Kačinskas as the new CEO of Hive Finance Group. He previously worked as CEO of various markets within the Creditinfo Group, one of the leading credit departments globally, gaining direct experience across multiple markets, including Romania, which is now a key focus for Hive Finance Group’s upcoming expansion. With deep experience in international business and leadership, Aurimas brings the operational discipline needed to scale.
Additionally, Aleksejus Tonkich joined as our new Chief Financial Officer. His experience includes over two decades in central and commercial banking. Most recently, Aleksejus held a top leadership role at Medicinos Bankas and worked at the Bank of Lithuania. His understanding of financial compliance, reporting, and risk control is essential for a growing financial group like ours.
Together, Aurimas and Aleksejus bring a deep focus on internal controls, sustainable growth, and professional discipline.
Why Does It Matter?
Effective governance builds confidence, which brings all investors the main advantages:
- Clear financial reporting
- Responsible risk management
- Faster and more efficient decision-making
In fact, companies with strong internal governance, such as a strong board structure and effective accountability mechanisms, report reduced investor concerns and smoother performance. Additionally, experts note that transparent financial reporting and third-party audits often lead to improved access to capital and lower funding costs.* As a result, investors benefit from better clarity, stability, and long-term alignment which is backed by research-proven best practices.
At Hive Finance Group, we’re building a professional board, a crucial step as we shift from a startup phase to a structured business model. The board already includes key figures, such as Andrius Rupšys, now Chairman of the Board, who remains closely involved in defining strategy, as well as newly appointed executives: Aurimas Kačinskas and Aleksejus Tonkich.
Eventually, this setup enables us to expand into more markets with greater clarity and reduced risk. On the other hand, it also strengthens internal accountability.
To Sum Up
With these changes, we are scaling up and improving our business. Our promise to the people who trust us with their capital is now backed by a stronger leadership structure and a clear long-term vision.
Thank you for your trust. We’ll continue to keep you informed.
Sources:
https://virtusinterpress.org/IMG/pdf/jgrv10i1art2.pdf
