Rait Pallo is the CFO and Member of the Management Board of
Kapitel, one of the Baltics’
largest real estate companies, engaged mainly in developing and managing
retail, hotel and office buildings. The group controls over 185,000 m²
of rental space, owning four office buildings
(Delta Plaza and the Sõpruse Ärimaja office building in Tallinn,
Narbuto 5 in Vilnius and I.P. Pavlova 5 in Prague) and has co-ownership
in various leading shopping centres (Spice and Spice Home in Riga,
Panorama in Vilnius and Viru Keskus in Tallinn). The
company also owns the Nordic Hotel Forum (managed by OÜ Nordic Hotels)
and, with AS Infortar, Tallink City Hotel (managed by Tallink Hotels).
Rait Pallo has longstanding
experience in the financial sector, he has worked for Swedbank for 16
years, including the last seven years as a Member of the Management
Board and head of risk for Swedbank Estonia. Since
early 2017, Pallo was also at the helm of establishing the Swedbank
Group’s risk division’s competence centre in Estonia and Latvia. In the
years 2009–2010, Pallo was employed at Swedbank’s financial
restructuring department, and before that, in the real estate
financing department.
