Peep Jalakas has been appointed as the new chairman of the board for the Tallink group, a significant development in the company’s leadership amidst ongoing changes. This decision by the Tallink council comes after the unexpected announcement of Paavo Nõgene, who indicated that he would remain on the company board until May 22. Jalakas, who joins from SEB Bank, is set to officially take over his responsibilities starting April 6, 2026.

The appointment of Jalakas marks a notable shift in leadership, indicating a potential new direction for Tallink, a major player in the shipping industry in the Baltic Sea region. The transition is critical as the company navigates changes in the maritime sector and seeks to enhance its competitiveness. Jalakas's experience in banking is expected to bring a fresh perspective to the company's strategic management.

As Tallink continues to adapt to market demands and operational challenges, Jalakas's leadership could play a vital role in steering the company towards future growth. His background and vision will likely influence both the company's internal dynamics and its positioning in an increasingly competitive market, making his future decisions crucial for Tallink's success and stability in the maritime industry.