EIS supervisory board dismisses CEO Kati Kusmin

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The supervisory board of the Estonian Business and Innovation Agency (EIS) decided during its meeting on Wednesday to dismiss CEO Kati Kusmin, who had been in the position for just over a year.According to the board, the anticipated changes within the agency have not progressed sufficiently quickly or substantively.

The EISA supervisory board, led by Deputy Secretary General of the Ministry of Economic Affairs Sandra Särav, removed CEO Kati Kusmin from her role, citing insufficient progress in analyzing impactful grants and reshaping the organization’s public image.Särav stated that Kusmin was tasked at the start of her tenure with reviewing services, measuring their impact and focusing resources on areas of greatest market value, but these initiatives moved too slowly.

A critical area of concern was EIS’ inability to adapt quickly to economic downturns and provide tailored support for export-focused businesses seeking new markets and partners.

Read more: ERR.EE