DNB Bankas
Regarding the change on AB DNB Bankas’ Management Board

DGAP-News: DNB Bankas AB /

12.03.2014 / 15:00

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On 12 March 2014, dr. Vygintas Bubnys, deputy chairman of the Management Board
and executive vice - president 
of AB DNB Bankas, company code 112029270, VAT payer 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'),
notified the Bank's Management Board he will not resume his contract after the
expiry of his third four year term in office.V. Bubnys made the decision,
effective from 21 March 2014, due to personal reasons. 

Until the new head of the Bank's corporate banking division is appointed, the
chairman of the Management 
Board and the president of AB DNB Bankas' Bjornar Lund will be in charge of the
corporate banking business 
line.

'We thank Vygintas Bubnys for his contribution to the bank and the bank's
customers. We respect his decision 
and wish every future success, ' Bjornar Lund, the president and the chairman
of Management Board of AB DNB 
Bankas said.

V. Bubnys has been working in the Bank since 2000 and in Lithuania's financial
sector since 1990. 

V. Bubnys has no shareholdings in AB DNB Bankas.

Bjørnar Lund,
the president and the chairman of the Management Board of AB DNB Bankas








         To provide additional information regarding the material event is
authorized DNB Bankas' press officer Andrius Vilkancas, tel. +370 5  239 3413
News Source: NASDAQ OMX


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Language:    English        
Company:     DNB Bankas AB  
 
 
             Lithuania      
ISIN:        LT0000403065   
 
 
End of News    DGAP News-Service  
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