Minister of Finance of Lithuania
On 13 December 2016, Mr. Vilius Šapoka was appointed as the Minister of Finance following the decision by the Government of the Republic of Lithuania. The Minister of Finance represents Lithuania in the Economic and Financial Affairs Council of the EU (ECOFIN) and major international and regional institutions.Prior to his current position, he worked as the Director of the Financial Services and Markets Department at the Central Bank of the Republic of Lithuania. He served as the Commissioner, Vice-Chairman and Chairman for the Lithuanian Securities Commission from 2006 to 2012. Mr. Vilius Šapoka held various positions in the Ministry of Finance of the Republic of Lithuania from 2002 to 2006, including the Senior Specialist, Chief Specialist and Deputy Unit Head of the Financial Market Policy Department. From 1999 to 2001, he worked as a Consultant, Analyst and Head of the Client Service Division for the Lithuanian Savings Bank. Mr. Vilius Šapoka holds a Master’s degree of Economics in Banking from Vilnius University and an International Executive Master of Business Administration degree from the Baltic Management Institute.
Minister of Transport and Communications of the Republic of Lithuania
Rokas Masiulis was appointed Minister of Transport and Communications of Lithuania in 2016. Previously, Mr. Masiulis served as Minister of Energy. Before joining the Government Mr. Masiulis served as CEO and later also as a member of the Board of Directors at the state-controlled oil terminal operator, SE Klaipėdos Nafta. During his term as CEO of Klaipėdos Nafta, Mr. Masiulis was in charge of the implementation of LNG terminal project. LNG terminal has started its operation in December 2014. Mr. Masiulis was also CEO of Lithuania‘s natural gas trading company LITGAS and Director of Business Development as well as Finance of LEO LT, an electricity holding company. For 14 years Mr. Masiulis held a number of senior positions at Energy practices of “Arthur Andersen” and “Ernst & Young“. His regional focus covered Lithuania, Latvia, Estonia, Belarus, Russia, and Kazakhstan. Minister Masiulis holds a degree in International Relations and Political Science as well as Master’s degree in Economics from Vilnius University.
Lars Christian Ohnemus
Chairman of the Lithuanian Financial Markets Institute
Mr. Lars Christian Ohnemus is the Nordic Director of the CBS Center for Corporate Governance (CCG) at Copenhagen Business School, Chairman of the Board of Northern Horizon Capital A/S and BPT, CEO of Baltic Property Trust and Partner of Baltic Property Trust Asset Management A/S. The international executive with wide senior management experience in European investment markets, the real estate sector and fast moving consumer goods. Mr. Ohnemus has a broad academic background from his work at Copenhagen Business School (CBS) and the Baltic Management Institute (BMI), involving teaching, research work and consulting, focusing primarily on global business strategies, internationalization and branding. Seasoned board experience with listed and non-listed companies in Northern and Central Europe. Mr. Lars Christian Ohnemus has a wide and profound network among Danish, Nordic and Central European business executives which is of essence when building up contacts for potential research areas and research funding channels for INT/ CCG.
Partner/ Head of the Corporate and M&A practice group at Ellex Valiunas, Lithuania
Ms. Dovilė Burgienė is Ellex Valiunas Partner, Head of the Corporate and M&A practice group and has more than 20 years of experience in various areas of law. She leads the practice group that consults companies during all phases of business life cycle. She has been part of Ellex Valiunas since 1997. After Master of Laws degree at Law Faculty of Vilnius University, she continued her studies T.M.C. Asser Instituut in Hague, the Netherlands (2000), Stockholm University (2001) and Baltic Management Institute (BMI) (2008) where she has achieved Executive Master of Business Administration (EMBA) degree. Along with an extensive knowledge in management of business and advising clients on transactions, Ms. Burgiene has a proactive role in non-governmental organizations. She was a vice-president in ICC Lithuania and a board member in several other business chambers. Currently, Dovile is an officer of the International Bar Association (IBA) Corporate and M&A committee, the board member of Lithuanian Financial Markets Institute, as well as several other companies. She is one of the co-founders of “Lyderė“– an association bringing together female Lithuanian business leaders to ensure gender balance in management positions.
Chief economist and Head of Research, TheCityUK
Anjalika manages TheCityUK’s economic research programme. She leads the team that produces the organisation’s in-house economic research, presents research and analysis externally, and writes TheCityUK’s economics blog.Prior to joining TheCityUK in 2014, she spent 12 years with the Economist Intelligence Unit (EIU), holding a number of different roles in the company’s New York and London offices, including Manager of ‘Country Reports’, the EIU’s flagship publication. After the EIU, Anjalika spent two years with the consultancy Eurasia Group, overseeing the company’s South Asia-focused macroeconomic and political analysis. She has spoken at conferences across Europe, Asia and the Americas. In addition, she has appeared as a commentator on leading international broadcast media, and has been quoted in print media in the UK, US, India and elsewhere.Anjalika has a BA from New York University and an MBA from Imperial College Business School, and has also studied at the London School of Economics and Sciences Po (Paris). She is a member of the Alumni Advisory Board at Imperial College Business School and the Economics Advisory Board at the University of Sheffield, and is a Trustee of the charity All Stars London.
Vice President, Head of Securities Services at Nasdaq
As Vice President of Securities Services at Nasdaq, Arminta is leading a business unit comprised of nine regulated financial entities: stock exchanges, central securities depositories and an investment firm based in Estonia, Latvia, Lithuania, Iceland and Sweden, which provide a wide range of exchange and post trade services to the Nordic and Baltic clients. The Securities Services team is also responsible for driving the company’s business development and strategic initiatives in the post-trade space. In this capacity, Arminta chairs the Boards of Directors or Supervisory Councils of Broker Services AB, Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius, as well as the Latvian and Lithuanian CSDs, which together with the Estonian CSD were merged into Nasdaq CSD. In addition, Arminta acts as the General Manager for the Nasdaq’s Technology and Business Support Competence center located in Vilnius, Lithuania.
President Nasdaq Nordics and Nasdaq Stockholm & SVP European Cash Equity and Equity Derivatives, Nasdaq
Since joining Nasdaq in May 2009 and up until March 2016, Mr. Rosendahl was the President of Nasdaq Helsinki. From May 2009 to February 2013, Mr. Rosendahl was Head of Product Management for Nordic Equities and Nordic Equity Derivatives. During this time, Mr. Rosendal helped oversee the implementaion of Nasdaq Nordic CCP clearing for cash equities, the launch of INET trading system for cash equities and GENIUM INET for equity derivativesAlso at this time, Mr Rosendahl was responsible for the Baltic and Armenian market operations for Nasdaq. Mr. Rosendahl has over 20 years of experience in the financial markets, having held several senior management positions within securities trading, equity research and investment banking with several banks and brokerage firms, including Deutsche Bank, ABN Amro / Alfred Berg, Carnegie and Kaupthing. As Head of the Helsinki Stock Exchange, Mr. Rosendahl is a board member of the Securities Market Association in Finland.Mr. Rosendahl is a board member of the Securities Market Association in Finland and was a founding member and board member from 1989 to 1993 of The Finnish Financial Analyst Society. He was also a board member of The Finnish Brokers’ Association, The Private Brokers’ Association and on the Supervisory Board of the Helsinki Stock Exchange.
President of the Baltic Institute of Corporate Governance, Chairman of the Management Board, EPSO-G
Rytis Ambrazevičius is a professional Board member and for the last 10 years has held Board positions in various public and private companies, including chairing the Board of Klaipėdos nafta during the implementation of the LNG project. Currently, he is an independent board member and chairman at EPSO-G, Lithuanian state owned energy holding company, which implements strategic tasks in developing national gas, electricity infrastructure and integration into the EU energy markets.Rytis’s experience also includes 20 years in top executive positions at such companies as Omnitel (now Telia Lietuva, part of the Telia group), Mandatum Life Baltics, Sampo Life (Lithuania), Falck Security (now G4S).
CEO of MADARA Cosmetics
Uldis Iltners is the CEO of MADARA Cosmetics, which is the leading organic cosmetics producer in the Baltics. The company shares were listed in 2017 on Nasdaq Riga First North. Uldis Iltners was leading IPO of MADARA Cosmetics, which was the most successful IPO of the last decade in Latvia. As a result of the IPO, the company attracted more than 700 private and institutional investors.
Chief Investment Officer at INVL Asset Management
Vaidotas Rūkas is the Chief Investment Officer at INVL Asset Management, one of the leading asset management groups in the Baltic region, and has more than 10 years of experience in asset management area. Being the Chief Investment Officer, V. Rūkas leads the team that manages pension and mutual funds, private portfolios of more than EUR 500 m. V. Rūkas is also a member of the Board of the Lithuanian Investors’ Association and the Sea Port of Klaipeda. In addition to this, V. Rūkas also gives lectures and provides insights into investment and economic subjects and he is regularly quoted by numerous media channels. In 2016 V. Rūkas was ranked among the best- performing fund managers of equity funds in emerging markets by international asset management portal “Citywire”. V. Rūkas also contributed to the establishment of the Lithuanian Investment Index which indicates how returns on investments in the country’s four main asset classes have evolved since 1995. INVL Asset Management, since its incorporation in 1991, has carried out a number of entity acquisition, sale and capital-raising transactions with a total value of approximately 1.2 billion euros.
Head of Corporate Finance, Baltics & Finland, at Swedbank
Mr. Mihkel Torim is currently Head of Corporate Finance for Baltics & Finland at Swedbank. Previously Mr. Mihkel Torim served as the Head of Corporate Finance in Swedbank Estonia and hold a variety of different roles throughout his career in the finance industry. Mr. Mihkel Torim is a professional with track record over 15 years of dedicated work in equity and macro research, corporate finance, advisory, debt and equity capital markets. Mr. Mihkel Torim accumulated broad leadership experience by implementing numerous executions of private transactions in Baltics (buy and sell side M&A), acquisition of Betonimestarit by TMB, acquisition of Linna Ekraanid by Ekspress Group and acquisition of 51.4% stake in Eesti Gaas. He is also leading roles in Baltic IPO’s and secondary issues. Several to note: Novaturas IPO, Baltic Horizon IPO, Olympic Entertainment Group IPO, Tallink SPO, City Service IPO, Starman buyout, Linas Agro IPO, Premia Foods IPO. Team of Mr. Mihkel Torim was also acting as sole lead manager for Nelja Energia € 50m green bond, co-manager for Eesti Energia € 500m bond issue, joint lead manager in Republic of Latvia € 650m 20y eurobond issue. In addition, he is experienced in CEE region transactions, mostly related to Poland and Balkan states. Among his mentioned roles, M. Torim is also the mentor at Seedcamp, Europe’s seed fund, and Startupbootcamp, the leading London accelerator focused on financial innovation in the heart of London and providing access to a global network of investors.
Kalin Anev Janse
Member of the Management Board, Secretary General of ESM
Kalin Anev Janse previously worked for the European Investment Bank, where one of his tasks was to coordinate setting up the EFSF. Prior to this, he worked as a Corporate Finance and Strategy Consultant for McKinsey & Company in the Netherlands. He has also worked in Investment Banking at JPMorgan in London, and in corporate governance and project finance for Honeywell Spain in Madrid.Kalin Anev Janse studied MSc. Business Administration in Strategic Management at the Rotterdam School of Management and Wharton at the University of Pennsylvania. For his undergraduate degree, he studied Business Administration in Finance, Banking and Insurance at the Vrije University Amsterdam. During his career, he attended executive education programmes at Harvard Business School and Harvard Kennedy School. He is a young global leader of the World Economic Forum.
Director of the Financial Markets Policy Department of the Ministry of Finance of the Republic of Lithuania
Sigitas Mitkus has been holding the position of the Director of the Financial Markets Policy Department of the Ministry of Finance of the Republic of Lithuania since November 2014. After studies at the Faculty of Economics at Vilnius University, he joined the Lithuanian diplomatic service in 1995 and devoted 15 years to the Lithuanian European integration process holding different senior positions in Vilnius and Brussels. In 2010 -2014 Mr. Sigitas Mitkus had been working as a Deputy Ambassador to the UK focusing on Lithuania’s relations with the City of London and development of financial markets with a special attention on Fintech.
Dr. Tadas Gudaitis
CEO, Swedbank Asset Management Lithuania
Tadas has 15+ years of experience in life insurance and asset management area and currently leading the largest pension funds’ management company in Lithuania. He is Management Board Member in Lithuanian Private Equity and Venture Capital Association and Review Board Member at Baltic Financial Advisors Association. In 2010 he defended PhD thesis in Economics at Vilnius University.
Founder and Managing Partner at LitCapital
Šarūnas Šiugžda is a Founder and Managing Partner at LitCapital private equity fund. Additionally, he is serving as an independent member / Chairman of the board at several large and well known Lithuanian companies like AB “Audimas”. Šarūnas is an investment professional in private equity market since 2004. Šarūnas is one of the founders of the Lithuanian Venture Capital Association and LFMI. Currently he serves as a board member at LFMI and Swedish Chamber of Commerce in Lithuania.
Senior Analyst, Global Public Policy, Aviva plc
Paddy Arber is senior analyst responsible for global public policy and sustainable financial market reform at Aviva, the UK’s largest insurer and a significant global investor. He works across Aviva’s investment and insurance arms to develop and advocate policy for market reform that will help build a more sustainable global financial system. Most recently, he has been developing and promoting Aviva’s work on the EU High-Level Expert Group on Sustainable Finance and the Task Force on Climate-related Financial Disclosures.Before joining Aviva, Paddy spent nine years working for the British government, specialising in public finance and international negotiations. He was a member of the UK team that helped deliver the Paris Climate Change agreement in 2015, where he led an engagement team on climate change negotiations in the G20, G7 and UN Sustainable Development Goals. He also worked for six years in Her Majesty’s Treasury, notably as part of the cross-government unit that negotiated the EU’s long-term Budgets. Given his background, Paddy is particularly interested in public-private collaboration to deliver climate and sustainability outcomes and believes the private sector has an essential role to play in delivering the UN Paris and Sustainable Development Goal agreements. He holds degrees from the University of Cambridge and the University of Leeds.
Global Head of Government and Regulatory Affairs, Thomson Reuters
Nick Collier joined Thomson Reuters on 1 March 2011. He oversees public policy activities for the TR Group, which includes Financial and Risk, Legal, Tax and Accounting, and Reuters. Nick sits on the CityUK (TCUK) Board ex officio as chairman of the TCUK Public Affairs Group and is deputy chairman of the International Regulatory Strategy Group in London (IRSG). He chairs the IRSG’s CMU working group. Nick is also on the Board of the FICC Markets Standards Board (FMSB) and chairs their codes and convergence subcommittee. Nick was previously Head of EMEA Government Relations at Morgan Stanley. He holds a MSC in Economics and Finance from the London School of Economics and a BA from Oxford.
Deputy Head of Unit, Capital Markets Union, European Commission
Jung Lichtenberger is the Deputy Head of the Capital Markets Union (CMU) Unit in Directorate General for Financial Stability, Financial Services and Capital Markets Union (FISMA) of the European Commission in Brussels. He has been responsible for the development and implementation of the CMU Action Plan of September 2015 and the Mid-term review of the CMU in June 2017.Prior to that he was a team leader in the Insurance and Pensions Unit. He was responsible for pension funds. He conducted the review of the Directive on Institutions for Occupational Retirement Provision (IORP 2) and launched a new initiative to create a Single Market for personal pensions. Before joining the European Commission, he worked for more than 7 years at the European Central Bank in Frankfurt as a senior economist in the area of financial market analysis, capital market structures and monetary policy. Before joining the public sector, he worked for several years in the private sector in the area of banking, securities and market infrastructure.Jung Lichtenberger is German. He studied economics, finance and engineering and obtained a Master of Business Administration (MBA) in France.
Sir Roger Gifford
UK SEB Senior Banker, Chairman of the UK Green Finance Initiative
Sir Roger Gifford is Senior Banker at SEB in London. He read Chemistry at Oxford University and began his career in the financial sector at S.G. Warburg & Co, joining SEB in 1982. Prior to his appointment as UK Country Head (2000 – 2016) Roger headed the bank’s operations in Japan for six years. He has worked in and around the primary debt and equity capital markets most of his career. Roger is the Chairman of the London Green Finance Initiative and has recently chaired the UK Government’s Green Finance Taskforce, looking at how to bring sustainable finance policies into the heart of the UK financial system. Roger is Vice Chairman and a past Chairman of the Association of Foreign Banks in London and Chairman of the Advisory Board of the International Business and Diplomatic Exchange (IBDE). Roger is also an Honorary Consul for Lithuania and on the board of several music charities. He was Lord Mayor of London in 2013.
Board Member of the Lithuanian Financial Markets Institute, Chief Investment Officer at “Litvalda” Holding Company
Modestas is an investment professional in banking, wealth management and investment fund market over 14 years. As a social partner of Vilnius Gediminas Technical University, he is a scientific consultant for PhD students and also defended PhD thesis in Economics in 2011 at VGTU.
Partner at BaltCap Infrastructure Fund
Šarūnas has been with BaltCap for seven years and is responsible for BaltCap Infrastrcuture Fund activities. Previously, he led BaltCap’s investment in 24MW, was a Chairman of the Board at the largest pan-Baltic branded coffee shop chain Caffeine and served as a Board member in Labochema, a pan-Baltic laboratory supplier. He has upgraded his skills in Project and Infrastructure Finance Programme at London Business School. Prior to joining BaltCap, he worked in a regional corporate finance boutique.
Managing Director and Partner of Marguerite
Michael Dedieu is Managing Director and Partner of Marguerite, an Infrastructure fund manager with over Eur 1.5 bn under management. Marguerite provides equity or quasi equity products to transport, energy, renewable, telecom and water projects located in the EU countries with a focus on Greenfield projects. Recent transactions closed by Michael include the Greek Regional airports concession, Pedemontana Veneta road in Italy or the Grand Est FTTH project in France. Prior to joining Marguerite, Michael spent 14 years with Fluor where he was most recently head of European Infrastructure business development and global head of PPP.
Director of Project Management Department at Invest Lithuania
Tadas Jagminas is a Director of Project Management Department at Invest Lithuania, an investment promotion agency of Lithuanian government. Within Invest Lithuania his responsibilities include developing infrastructure & PPP projects, structuring incentive schemes to attract foreign investors and supporting investment climate improvements. Before joining Invest Lithuania, Tadas was appointed as a Special Adviser to the Minister of Economy and was involved in drafting a piece of legislation to establish PPP support framework in Lithuania. In the meantime, Tadas participates in the development of various PPP schemes in transport and social infrastructure sectors. Tadas holds an executive master of management degree from the BI Norwegian Business School.
The Chairman of Venture Capital Fund “Nextury Ventures”
Ilja Laurs is one of the most successful Lithuanian businessmen of the new generation. Ilya has developed over 10 successful companies during his career (“GetJar” is the most famous of them; it was the first Lithuanian Startup in famous Silicon Valley in the United States that crossed the nine-digit value).”European Manager of the Year” (European Business Press Association), “25 most Famous European Technological Leaders” (Wall Street Journal),” 40 most Influential Global Business Leaders in Telecommunications (Informa Telecom and Media), “20 most Prominent Businessmen in the Baltic States” (Baltic Business forum), “10 Startups Changing the World” (TIME magazine,) and the “World technology pioneer” (World economic forum in Davos) are just a few Ilya professional achievements. Ilya is recognized technology visionary, and is engaged in educational activities in Lithuania and abroad; he regularly delivers reports in Harvard and Stanford universities, and also in the most important professional conferences. Ilya’s works are constantly quoted in the Wall Street Journal, Forbes, CNN, CNBC, BBC, Bloomberg and others.
Chairman of the Board of AUGA group, AB (Lithuania)
Kęstutis Juščius is Chairman of the Board of AUGA group AB, one of the largest, vertically-integrated organic food companies in Europe. Kęstutis is AUGA’s visionary and mastermind behind the company’s new sustainable business strategy and its continuous gradual conversion into producer and provider of organic food from farm to table in most sustainable ways at affordable prices.Since 2014, when the conversion to organic commenced, the group invested more than EUR 15 million in innovative technologies to make its processes more sustainable, including introduced sustainable min-tillage farming method, re-use of organic waste to achieve synergies among different branches of agriculture, mobile autonomous chicken houses, powered by solar energy. AUGA’s future goal is to become CO2 neutral company, through, amongst others, elimination of use of fossil fuel by replacing it with own produced biogas. Currently AUGA is in the process of raising additional capital through following public offering by the middle of 2018 to finance its further sustainable projects.
Advisor to the Board Member of the Lietuvos bankas (Bank of Lithuania)
Jekaterina takes part in developing policies for the fintech industry in Lithuania. She is coordinator of Bank of Lithuania Fintech strategy and Head of Innovation Group. She has been working as a lawyer in various divisions of the Bank of Lithuania, with the areas of responsibility that included insurance, payments, lending, peer-to-peer lending and crowdfunding regulations. She has been awarded as a Public Sector Lawyer of the Year for developing the concept of the crowdfunding regulation in Lithuania and preparing the draft law on crowdfunding.
Prof. Dr. Oliver Hein
University of Applied Sciences, Faculty of Mathematics, Natural Sciences and Computer Sciences
6 years of investment banking experience in Frankfurt and Zurich. 3 years Managing Partner of Taurus Ventures, Boston (USA), specialization into IT start-up investments. Managing Partner of Hein & Cie Venture Management GmbH, Frankfurt, and co-initiator and manager of biotech investment funds until 2009. Doctorate within Business Informatics especially on Communication network topologies and market behavior. Since 2009 teaching and research with focus on computer science, simulation, especially on capital markets, at the Technische Hochschule Mittelhessen University of Applied Sciences close to Frankfurt am Main. Functions at the University include, the Dean’s, Senate member and Member of the faculty council.
Adviser to the Prime Minister
Mr. Savickas joined the team of the Prime Minister in Autumn 2017 as an adviser for Economic Affairs and Strategic Change Management. Prior to joining the Office of the Prime Minister, Mr. Savickas proved himself as public affairs professional while heading the Policy and Public Affairs at Investors’ Forum and before that – leading Regulatory Affairs department at Invest Lithuania. Lukas joined Invest Lithuania in 2012 to lead an ambitious business environment improvement project of modernizing regulation of labour laws. Mr. Savickas came back to Lithuania after earning Bachelors’ degree in Politics with International Relations at University of York (UK) and MA in European Public Affairs at Maastricht University (Netherlands).