On March 4th, the Board of the Baltic Institute of Corporate Governance granted the request by the Chairman of the board Mr Antanas Zabulis, to be suspended as the Chairman.
“Baltic Institute of Corporate Governance stands for the highest standards of transparency and accountability. To prevent any unwarranted reflections that the unfounded allegations recently made against me could make on the work of the Institute, I have asked for my chairmanship to be suspended, effective immediately. I am certain that any and all allegations regarding my personal conduct will soon be cleared up,” says Mr Zabulis.
The Board voted to authorise Mr Linas Dičpetris, a long-time member of the Board, to temporarily lead and coordinate the Board’s work during the suspension.
UPDATE: As of the end of March, Mr Zabulis has fully suspended himself from the Board of the BICG.
President
Paulius Martinkus
