On the 12th of April, Baltic Institute of Corporate Governance (BICG) held the Annual General Meeting (AGM) and Governance Conference 2016.
The members of the Institute approved the annual activity report and the set of financial statements, which can now be found online here.
“We had a busy year in 2015, working to improve governance in the private sector, state owned enterprises, and also in the municipality owned enterprises. An acknowledgement from the OECD for our input into the report on current corporate governance framework for the Lithuanian SOEs was one of the many highlights,” says Paulius Martinkus, President of the BICG.
Three members of the BICG Board stepped down during the AGM and three new members were elected.
„I want to thank Sonata Matulevičienė, Regina Raukas and Per Skisaker for their contribution to promoting the best corporate governance practices, and I would also like to welcome Guntars Baļčūns, Riina Käi and Kęstutis Šliužas into our team,” says Paulius Martinkus.
Guntars Baļčūns is Member of the Management Board and Chief Financial Officer of Latvenergo, Riina Käi is Chief Financial Officer and Member of the Management Board of Tallinna Vesi, and Kęstutis Šliužas is the CEO of Teo and Omnitel.
More information about all of the BICG Board members can be found online here.
A Honorary Membership of the BICG this year was awarded to H. E. Deborah A. McCarthy, the American Ambassador to Lithuania.
In the annual Governance Conference 2016, the speakers from the U.S., UK, Sweden and Latvia shared their insights into corporate governance practices in different parts of the world and up to the year 2036.
Among the speakers were Simon Walker, Director General of the Institute of Directors in the UK; Baiba A. Rubesa, Chairperson of the Management Board and CEO of RB Rail; Michaël Berglund, founder of Michaël Berglund Search Group; Cynthia Pasky, founder of Strategic Staffing Solutions, and Raoul Hasselgren, corporate governance expert and a long time friend of the Institute.
Honorary Membership of the BICG was awarded to H. E. Deborah A. McCarthy, the American Ambassador to Lithuania.
Among the guests were H.E. Cecilia Ruthström-Ruin, the Swedish Ambassador to Lithuania, H. E. Toomas Kukk, the Estonian Ambassador to Lithuania, and H.E. Einars Semanis, the Latvian Ambassador to Lithuania (not pictured).
Among the speakers were Simon Walker, Director General of the Institute of Directors in the UK…
…and Baiba A. Rubesa, Chairperson of the Management Board and CEO of RB Rail.
During the conference.
Raoul Hasselgren (right), professional board member and corporate governance expert.
April 12, 2016, Vilnius.
