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2010-09-30 13:15:00 CEST 2010-09-30 13:15:09 CEST REGULATED INFORMATION DnB NORD Bankas AB - Notification on material eventDr. Vygintas Bubnys appointed DnB NORD Bankas CEO from Nov. 1, Tadas Sudnius joins the boardFollowing the proposal of the Supervisory Council as of 30 September 2010, the Management Board of AB DnB NORD Bankas,company code 112029270, VAT payer's code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, (hereinafter “the Bank”) elected deputy chairman of the Management Board Dr. Vygintas Bubnys as its chairman and appointed him as the Bank's President from 1 November 2010. He replaces president and the chairman of the Bank's Management Board Werner Schilli, who from 1 November 2010 starts his office of director of Germany‘s Norddeutsche Landesbank (NORD/LB) and the member of the Management Board of Braunschweigische Landessparkasse (BLSK) in charge of retail banking. Dr. Vygintas Bubnys is currently deputy chairman of the Management Board and executive vice-president of AB DnB NORD Bankas in charge of corporate banking, markets' operations, product development and asset management. Management board member Fredrik Borch has been appointed deputy chairman from 1 November 2010. Vygintas Bubnys (born 1958) is a doctor of social sciences. He has been working at AB DnB NORD Bankas since 2000 and in Lithuania's financial sector since 1990. V. Bubnys has no shares of AB DnB NORD Bankas. In the 30 September 2010 meeting, the Bank‘s Supervisory Council elected Tadas Sudnius, the head of the Bank‘s Business integration department as a member of the Bank‘s Management Board and he was appointed executive-vice president of the Bank in charge of back-office operations. Tadas Sudnius will start his office on 1 October 2010. He replaces Gundars Andžans who will hold the position of the advisor to the president of AB DnB NORD Bankas with executive decision power on IT development related issues. Tadas Sudnius (born 1981) has been working in AB DnB NORD Bankas since 2003. He is a holder of bachelor's degree in economics from Vilnius University. He has no shares of AB DnB NORD Bankas Andrius Vilkancas Press Officer tel. +370 5 239 3413 |
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