Paavo has, over the last 16 years, held a number of board level and managerial positions in regulated financial entities accumulating the experience required from directors to meet the high standards investors now require from fund boards. Between 1999-2001, Paavo served as CEO and member of the board of the small independent asset manager Suprema Fund Management (SFM). From 2001 until 2007 Paavo held various position at Swedbank and its different entities. In 2007 Paavo was one of the founders of Limestone Investment Management (later named to Northern Star), an Estonian registered management company that from the very start has been acting as appointed investment manager for a range of Luxembourg domiciled UCITS and SIF funds. Since 2014, Paavo served as a board member of Limestone Platform AS responsible for compliance and later for business development.