Draft:Rain Lõhmus

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Rain Lõhmus (born December 30, 1966) is an Estonian entrepreneur and banking figure.

He graduated from the Tallinn Polytechnic Institute in 1988 with a degree in economics and later completed his education at the Harvard Business School in the United States.

He started his career in 1988 in the consulting company Mainor. In 1989, he was one of the founders of Eesti Tööstuse Arengu Pank or Estexpan. n 1991 he was one of the founders of Hansapank, now part of Swedbank.

In the years 1991-1999, Lõhmus worked as the vice-chairman of the board of Hansapank and the director of Hansapank Markets, in the latter position he was responsible for the bank's currency trading and securities business.

In 1999, he left Hansapank and founded an investment bank with his former colleagues Andres Viisemann and Tõnis Haavel , which was initially called LHV Direct and is now known as LHV Bank. Lõhmus has been its largest shareholder and Chairman of the Supervisory Board since its foundation.

Also in 1999 co-founded with Kaur Kender and Heiti Kender, the internet sales portal Osta.ee, which has become the largest online sales portal in Estonia, visited by over 200,000 people a week.

In 2015, together with Kaido Veske, Kristine Berzina and Mindaugas Utkevicius, Rain Lõhmus founded the first fund of the private equity fund Livonia Partners, whose assets amount to over 83 million euros. By 2020, Livonia Partners has invested in over eight companies across the Baltics and in Finland.

He has been one of the owners of Hansapanga and Saku Brewery. He has founded catering companies (Võitlev Sõna) and invested in several media projects, such as Seitse TV channel.

Recognition[edit]

  • 2001 – Estonia's most trend-conscious man
  • 2011 – Estonian Businessman of the Year
  • 2016 – Estonian Businessman of the Year
  • 2017 - Estonian Culture Friend of the Year

References[edit]