To comply with the requirements of the regulations of the Financial and Capital Market Commission on September 1, 2021, Karīna Caunīte-Orupe has been appointed the Risk Director of AS TWINO Investments. Karīna will be responsible for ensuring the risk control function in the company, supervising the risk management system, and coordinating the activities of all structural units of the organization related to risk management. The main responsibilities include the development of a risk strategy, incl. the determination of the organization’s overall risk profile, the assessment and identification of the organization’s risks, and compliance with the risk strategy.

Karīna has been working in risk management for more than 10 years. She started her journey in credit risk management at one of the leading crediting companies in Latvia where she was responsible for the development and introduction of the first credit rating model for private and legal entities. In 2014 Karīna joined the TWINO Group and helped the company to develop an effective multi-level risk management system for all company’s brands as Risk Management and BI Lead. Later she became the COO of the Group.

Karīna holds two master’s degrees – one from the faculty of Business, Management, and Economics of the University of Latvia with a specialization in “European Studies” and an MBA from Riga Business School with a specialization in finance.