DNB Bankas
Regarding the election of a member of the management board of AB DNB Bankas

DGAP-News: DNB Bankas /

03.07.2014 / 15:00

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On 2 July 2014 the Supervisory Council of AB DNB 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,  elected Andrius Načajus to take the office of a member of the Bank's
management board. A. Načajus, who currently is the head of DNB Markets for
Baltics will also serve as the executive vice-president of the Bank in charge
of corporate banking after the necessary permission from Bank of Lithuania is
received. It is planned that  A. Načajus will take the office on the
seven-member management board of AB DNB Bankas from 4 August 2014. 

A.Načajus (born 1978) is a graduate of the Stockholm School of Economics and
holds the degree of Master of Sciences in international business and economics.
He has been working in DNB' investment banking since 2002. Prior to joining AB
DNB Bankas, A. Načajus was a senior associate in Estonia's Trigon Capital
investment house in 1999-2002. 

After A. Načajus takes the seat on AB DNB Bankas management board, Mindaugas
Tutlys, who is the head of DNB Markets Lithuania will be appointed to take care
of DNB's pan-Baltic investment banking operations. Simultaneously he will
retain his role as DNB Markets country head for Lithuania. 

A.Načajus has no shareholdings in AB DNB Bankas



Bjørnar Lund, the president and the chairman of the management board of AB DNB
Bankas. 






         AB DNB Bankas' press Officer Andrius Vilkancas is authorised by the
Issuer to provide additional information on the material event tel. +370 5  239
3413
News Source: NASDAQ OMX


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