2012-03-15
Candidates to become ADB “ERGO Lietuva” board members and the head of administration approved
The Board of the Bank of Lithuania approved Kęstutis Bagdonavičius as a candidate to hold the position of the Chairman of the Board of ADB “ERGO Lietuva” and Deniss Sazonovs, Maarika Liivamagi and Saulius Jokubaitis as candidates to hold the positions of members of the Board of this company.
The Board of the Bank of Lithuania also approved Saulius Jokubaitis as a candidate to hold the position of the Head of Administration of ADB “ERGO Lietuva”.
These resolutions were made under the requests of UADB “ERGO Lietuva”.
UADBB “ERGO Lietuva” informed the Bank of Lithuania that this company’s shareholder ERGO International AG took the decision to reorganise UADBB “ERGO Lietuva” and re-elected the supervisory board. The supervisory board intends, by the end of the reorganisation, to re-elect the current board members to the board of the insurance company of the new legal form (joint stock insurance company), whereas the board of the insurance company of the new legal form intends to re-elect the current head of administration to the insurance company of the new legal form.