Feb 27, 2026
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Peep Jalakas will take over as CEO of Tallink Grupp on April 6, 2026. He has also been appointed chairman of the management board for a three-year term.
The appointment was announced yesterday by the Supervisory Board of the Estonia-based provider of maritime transport, as well as retail and entertainment services. Current management board member Margus Schults will step down from the board on February 27 and continue as head of the Finnish unit, serving as CEO of Tallink Silja Oy. Meanwhile, outgoing CEO Paavo Nõgene, who recently announced his resignation, will remain on the management board until May 22.
Incoming CEO Peep Jalakas joins from AS SEB Pank, where he has served as a member of the management board and head of corporate banking since 2023. Over a 20-year career at the bank, he has held several leadership roles, including overseeing corporate client and credit department teams.
“Tallink Grupp is a strong and sustainable international company,” said Supervisory Board Chairman Enn Pant, adding that the appointment underscores the company’s ambition to drive strategic growth and strengthen competitiveness. Jalakas said he looks forward to contributing to Tallink’s continued development.
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