Vilnius, Lithuania, 2016-12-21 16:23 CET (GLOBE NEWSWIRE) -- Jonas Iržikevičius, currently Board Member and CFO of SEB Lithuania, has been appointed to become the Head of Baltic Finance at SEB Baltic Division. As a result, the Supervisory Council has taken a decision on 21 December 2016 to recall him from the Board of the bank as of 1st of February 2017 and a new member of the Board is going to be elected.
Please also be informed that on 20 December 2016 the Bank has received a decision by the authorities supervising activities of the Bank not to object to the appointment of Vaidas Žagūnis, currently Head of Retail Banking Division of the Bank, as member of the Board. As a result, he has taken up the mentioned duties of member of the Board as of 21 December 2016.
This notification is non-confidential.
Raimondas Kvedaras, the President of the Bank.
21 December 2016, Vilnius
Ieva Kulvinskaitė, Head of Communications of the Bank, tel. +370 5 268 2423, is authorized to provide additional information regarding the material event.