Changes in AS “Citadele banka” Articles of Association

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To strengthen and ensure even better AS „Citadele banka” corporate governance, changes in the Articles of Association were approved in 29 June 2017 Shareholder’s meeting, foreseeing the increase of the number of Management Board members from five to eight members.

The existing composition of the Management Board will be increased by three new members, each of them being responsible for one of the following areas – compliance, technology development and strategy, and financial sector.

Information regarding the new Management Board members will be announced once the  approval from Financial and Capital Market Commission is received.

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