Supervisory Board

Tõnu Laak, Member of Supervisory Board of Cresco Securities™
Tõnu Laak is a member of the Management Board of investment and holding company Fablio. Tõnu Laak is one of the founders of Hansabank, the largest banking group in the Baltic States (currently Swedbank). He has held executive positions in the ferry line Estline, Refit/Europcar, and Salva Insurance. Tõnu Laak is a founder and life-time member of the Estonian Olympic Committee. He was a delegate of the People’s Congress of the USSR (1988–1991). Tõnu Laak holds Diploma in Finance from Tartu University (1974) and degree in International Affairs from Academy of Social Sciences in Moscow (1983).

Erko Kundla, Member of Supervisory Board of Cresco Securities™
Erko Kundla is the owner and a member of the Management Board of the investment management and holding firm OÜ Justkull and the chairman of the Supervisory Board of AS Airest. He has extensive experience as an entrepreneur and investor, as well as wide-ranging management experience as a member of both management and supervisory boards of various organizations. He has been active as a founder or a shareholder in many enterprises, among others companies such as Airest AS, SkyCap Investments AS, CV Keskus OÜ,, Kinnisvaraveeb, E-Kool, LHV Pank, Cinamon cinemas, Põhjakivi mines etc. Erko Kundla has been a part of the daily management of several IT-firms and has been involved in different software development projects. He is an active private pilot both on planes and helicopters. Erko Kundla holds a master´s degree as a radio engineer from Tallinn University of Technology (1993).

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