Aiga Hercoga

R.B. Management

I arrived in the Baltics in 1992 on assignment with the U.S. Peace Corps as a business development specialist. After completing Peace Corps Service, I joined EDF Man Sugar, Ltd. to manage their Baltic Sugar subsidiary in Latvia. I was later recruited from EDF Man in 1997 by Celcius Properties to the position of CFO. In late 2001, I co-founded SIA "R.B. Management" together with Mr. Wirth to outsource Celcius Properties' facilities management. Jerry and I have grown R.B. Management and related group of SPVs from a single asset, to the diversified portfolio that can be found on our website www.rbm.lv. During this period of time we have had success in the aquisition of property assets and more importantly the disposal of property assets. We have successfully placed three corporate property bonds. One of which was placed on the Riga OMX stock exchange as public listed instrument. Two of the bonds have been fully retired with with 100% subscriper satisfaction. Prior to arrival in the Baltics, I worked as an Assistant Controller at Midland Property Management Company in the United States. He holds a MSc in Property Investment (College of Estate Management, University of Reading) and B.S.B.A in Accounting (Rockhurst College, Kansas City, Missouri). I passed the American Certified Public Accountant examination in 1997. I live in Riga with my wife, Sveta, and four daughters. I speak English and Latvian.