Starting July, Mrs. Jelena Vershinina took the position of Chief Financial Officer (CFO) of LSEZ Lauma Fabrics SIA, a European Lingerie Group company. Mrs. Vershinina has extensive expertise in advisory and corporate finance, audit of EU funds administration and SAP implementation.

As Chief Financial Officer, Mrs. Vershinina leads the Finance and Accounting department of LSEZ Lauma Fabrics SIA. For some period the new CFO will be working together with the company’s current CFO, Mrs. Tatjana Tuzhilkina.

Mrs. Vershinina‘s experience covers energy, construction, road construction, telecommunications, banking, FinTech and other industries. Her most recent and longest-standing position was Senior Associate at KPMG Latvia. She is ACCA (Association of Chartered Certified Accountants) and CIA (Certified Internal Auditor) certified and has a Master’s Degree in Econometrics and Quantitative Economics from University of Latvia.

Lauma Fabrics Group, a major textile materials manufacturer in Europe, includes LSEZ Lauma Fabrics SIA, a leading producer of fabrics for the European lingerie market, LSEZ SIA Lauma Medical, producer of medical textile products, Tele Textile Latvia SIA, producer of geotextiles, LE Textile GmbH, a German-based leader for wide elastic fabrics and Textile Dyehouse GmbH, a German-based dyeing and finishing unit. Lauma Fabrics is part of European Lingerie Group, a fully vertically integrated intimate apparel and lingerie group.