Arricano announced the appointment of Mr. Urmas Somelar as Non-executive Chairman of the company with effect from 27 September 2018. Philip Scales, Interim Non-executive Chairman has stepped down from the Board with effect from 27 September 2018. Urmas Somelar currently acts as a management consultant, working through his private company US Juhtimise. Previously Urmas worked for over 20 years in banking, predominantly in the credit and credit risk areas.