December 6, 2021
AS DelfinGroup strengthens the management team with Sanita Zitmane, an experienced professional in developing and managing fintech products
Latvian financial service company AS DelfinGroup consistently develops the offer of lending products and customer service. By joining the company as the Head of the Consumer Loan Department, Sanita Zitmane, given her experience in fintech industry, will strengthen the management team and allow the company to achieve its ambitious goals even more effectively.
Chairman of the AS DelfinGroup Management Board Didzis Ādmīdiņš: “We are happy to have strong industry professionals joining the team of AS DelfinGroup. We appreciate Sanita's experience in the insurance, banking and, most importantly, fintech industries. One of the values of AS DelfinGroup is progress, and a strong management team is definitely the progress.”
Sanita Zitmane plans to apply her successful long-term experience in project and team management, as well as in the development of new products in such important areas of AS DelfinGroup business as consumer loans, customer service, marketing and active sales.
For the past four years, Sanita has been in charge of the strategy of lending products and management of the company's operations at SIA OC Finance, a Latvian loan operations company in TWINO Group, which represents Moneza brand. She participated in the development and implementation of lending products for small and medium-sized enterprises, as well as loan solutions for individuals, she also managed the project development team and various IT projects, participated in the implementation of TWINO Group's strategic projects.
Sanita has also gained experience in product development at AS Citadele Banka, where she was responsible for establishing a network of cooperation partners and managed the launch of collaboration with brokers of financial comparison platforms.
Her experience includes development projects in insurance industry, working for companies such as If P&C Insurance, Colemont FKB Latvia and UniCredit Insurance Broker.
Sanita Zitmane, Head of the Consumer Loan Department of AS DelfinGroup: “I am fascinated by projects that help improve the customer experience and increase the profitability of the company. I see a good potential for AS DelfinGroup becoming the leading player in retail lending and have a significant role in the financial services segment. We have already taken the next strategic step, by broadening the range of financial products AS DelfinGroup offers to its customers, as well as increasing the maximum amount of loans which will allow us to attract new customers.”
AS DelfinGroup intentionally strengthens its management team by having experienced industry professionals join the company. As previously reported, Aldis Umblejs, who has international experience in fintech industry, will join the management Board on 15 December.
About AS DelfinGroup
AS DelfinGroup is a licenced technology-based financial services company that was established in 2009 and operates under the brand names Banknote and VIZIA. The company continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), as well as sale of pre-owned goods both online and at more than 90 branches across Latvia. On average, 35,000 thousand loans are issued every month and serviced by the professional team of more than 270 AS DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, AS DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and since 2021 as a share issuer on the Baltic Main List. The company’s IPO in 2021 attracted almost 6000 new shareholders. The company regularly pays dividends to its shareholders. In 2020, the company's net loan portfolio grew to EUR 34.6 million, while its EBITDA reached EUR 9.3 million, with profits before income tax for dividends EUR 4.65 million. The company’s sustainability is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion and facilitating the circular economy. The company has been profitable every year since 2010.