Ivo Jaanisoo approved as fourth member of Elektrilevi’s Supervisory Board
Eesti Energia, the sole shareholder of the state’s largest distribution network company Elektrilevi appointed Ivo Jaanisoo as the fourth member of the Supervisory Board of Elektrilevi as 1st of July 2022.
As of May, the new Electricity Market Act sets out additional rules for the organisation of governance of Elektrilevi. This also requires changes in the composition of the Supervisory Board of Elektrilevi. At the end of April, Hando Sutter, Andres Vainola and Einari Kisel left the Supervisory Board.
At the proposal of the nomination committee of supervisory boards of companies with state participation, which is a part of the Ministry of Finance, and with the approval of the Management Board of Eesti Energia as the representative of the sole shareholder, Tõnu Grünberg, Sven Kirsipuu and Tiina Drui took office in May as new members. On July 1st, Ivo Jaanisoo will join the Supervisory Board as well. The authorisation of members of the Supervisory Board is valid for three years and expires on April 30th 2025.
Based on the Articles of Association, the Supervisory Board of Elektrilevi consists of three to five members.
Tõnu Grünberg is the Chairman of the Board of Greenergy Data Centers, the largest data centre in the Baltics, a former Chairman of the Board of OÜ Rail Baltic Estonia and a former long-time top executive in telecommunications and information technology (EMT, TeliaSonera, Ucell).
Starting in August, Ivo Jaanisoo will take up the position of Deputy Secretary-General for Construction at the Ministry of Economic Affairs and Communications. Jaanisoo has experience in public sector management and practical skills in the construction sector. The distribution network of electricity is significant in terms of energy saving solutions for residential buildings and local production.
Tiina Drui is a mentor and consultant, a former Head of Human Resources and Head of Employee Experience at Eesti Energia, and a member of the Supervisory Board of subsidiaries Elektrilevi, Enefit Power, Enefit Kaevandused and Enefit Solutions (2019-2021). She has also previously worked as the Head of Human Resources at Olympic Entertainment Group and as the Head of Cinema Solaris.
Sven Kirsipuu is the Deputy Secretary-General for Financial Policy at the Ministry of Finance and the former Head of the Fiscal Policy Department. Sven Kirsipuu is also a member of the Supervisory Board of Eesti Loto, the Estonian Air Navigation Services, the North Estonia Medical Centre and the Ida-Viru Investment Agency.
Elektrilevi, Estonia’s largest distribution network company, has over 533,000 electricity network service customers. To ensure the supply of electricity, the company carries out maintenance and renovation work on 63,000 kilometres of power lines and 25,300 substations across Estonia.
By the end of 2021, the proportion of Elektrilevi’s weatherproof grid increased to 72%. Investments in the power grid amounted to 100 million euros in 2021, which improved the security of supply of 70,000 customers.