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ITC Business Council Highlights: Olev Schults

02/02/2024
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ITC Business Council Highlights: Olev Schults

by Arvie I
02/02/2024
in ITC Business Councils Highlights, ITC News

Olev Schults -Board Member of the Business Council for Innovation and Technology.

Meet Olev Schults, a distinguished Board Member of the Business Council for Innovation and Technology within the International Trade Council. Mr. Schults is an experienced figure in the world of business, with a strong focus on international trade, supply chains, transparency, and technology.

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As the Principal of AS Cresco Väärtpaberid (Cresco Securities), a regulated investment firm, Olev Schults operates within the finance industry, specializing in corporate finance. His expertise and leadership in this field have contributed significantly to the development and success of his organization.

Mr. Schults embarked on his journey in the finance industry driven by the promise of opportunity. His ability to recognize and seize upon these opportunities has been a driving force behind his achievements.

While Mr. Schults’ educational background is rooted in life sciences, his career path has led him to excel in the finance sector. This diversification of knowledge and skills has undoubtedly enriched his holistic approach to advising different businesses, ranging from start-ups to large multinational public companies.

Throughout his career, Olev Schults has been involved in fund raising and corporate structuring, as well as the management of complex transactions.

One of his proudest professional accomplishments is his role in structuring and managing intricate transactions, showcasing his ability to navigate cross-border and cross-culture complexities with finesse.

The finance industry has witnessed significant evolutionary changes since Mr. Schults began his journey. Cross-border relations between individuals, companies, and governments have become increasingly integrated and complex, necessitating adaptive approaches and strategies.

Currently, the industry faces substantial challenges related to geopolitics, and environmental and governance concerns, which require innovative solutions and a forward-thinking mindset.

In the next 5-10 years, Mr. Schults anticipates an environment characterized by more scrutinized regulations leading to less entrepreneurship within the finance industry. Despite these challenges, he remains excited about the evolving landscape of fintech applications.

When asked for advice to those starting in the industry, Mr. Schults offers a candid suggestion to consider another field, highlighting the unique demands and complexities of finance.In the face of setbacks and challenges, his approach is simple yet effective: just keep going.

Outside of his professional life, Olev Schults has a passion for chess, showcasing a multifaceted personality that combines a strategic mindset with a keen interest in intellectual pursuits.

As a Board Member of the Business Council for Innovation and Technology, Mr. Schults contributes invaluable insights and leadership to the international trade community, driving innovation and excellence in the finance and technology sectors.

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