Management and Structure

The chair of UAB Orion Leasing has more than 26 years of experience in banking, finance and internal audit services areas, and more than 16 years of experience of managing companies and their separate areas of activity in Lithuania and other Baltic countries. He is participating in the activity of the boards of other state-owned companies and non-governmental organisations. He was elected to the Board of Turto Bankas as an independent board member in strategic planning and management of competences area.

Lina Frejutė is Head of Accounting Information Systems Strategy Management Group of the Ministry of Finance, having more than 15 years of experience in managing the institutions belonging to the Ministry of Finance and supervising the activity of the companies. She represents the state (when the representation is entrusted to the Ministry of Finance) as the owner of these companies and institutions, securing the rights and obligations of the participant or shareholder, as well as project planning, management and implementation in the public sector.

Head of the Crediting Service of LTL Kredito Unija, Aurimas Tomas Staškevičius participates in the activity of other state-owned, municipality-owned companies and non-governmental organisations. He has 15 years of experience of managing the companies operating in banking, credit and leasing. He was elected to the Board of Turto Bankas as an independent board member in finance and risk management of competences area.

Head of Finance of UAB Girteka Europe West, Marius Junda has 12 years of experience in working and managing the areas of companies’ finances and real estate. He was elected to the Board of Turto Bankas as an independent board member in development of real estate business projects and management of competences area.

Director of Law and Administration Office of Turto Bankas, Justė has more than four years of managerial experience and almost 20 years of law experience. She has a deep understanding of how Turto Bankas operates and what kind of obstacles it encounters. Among the employees of the company, Justė is valued for her capability of uniting the team, and her leadership qualities.

Since 13 February 2024

Education

• Masters in Business Management and Administration, Vilnius University
• Bachelors in Business Management and Administration, Vilnius University
• 2003–2003 Gotland University, Social Sciences

Qualifications

• International Internal Audit Institute, Certified Internal Auditor (CIA)
• Member of Association of Chartered Certified Accountants (ACCA), UK

Other Managerial Positions in Other Legal Entities

• May 2023–present, Head of Internal Audit of UAB Alter Domus
• May 2021–May 2023, Head of Internal Audit Group of Rimi Baltic Group
• March 2019–March 2023, Independent Member of the Audit Committee of AB Lietuvos oro uostai
• May 2015–May 2021, Head of Internal Audit of Rimi Baltic Group
• April 2007–May 2015, Internal Auditor of Rimi Baltic Group
• June 2006–April 2007, Chief Accountant Assistant of Ignitis Group
• February 2005–April 2006, Chief Accountant of Ignitis Group
• October 2004–February 2005, Accountant of UAB Skandinavijos apskaitos ir konsultavimo įmonė
• April 2004–October 2004, Economist of Ignitis Group

Since 13 February 2024

Education

• Masters in Business Management, VILNIUS TECH – Vilnius Gediminas Technical University / Henderson University
• Bachelor degree in Staff Management, Vilnius University

Other Managerial Positions in Other Legal Entities

• 2022 – present, Board Member of State Enterprise Turto Bankas
• 2021 – present, Head of Crediting Service of LTL Kredito Unija
• 2001–2023, Independent Member of the Board of UAB Vilniaus vystymo kompanija
• 2020–2022, Independent Member of the Board of AB Rokiškio butų ūkis
• 2020–2021, Strategic Management Expert of the National Payment Agency under the Ministry of Agriculture
• 2018–2022, Independent Member of the Board of SE Regitra
• 2011–2020, Company Director of UAB Citadele faktoringas ir lizingas
• 2009–2020, Member of the Credit Committee of UAB Citadele faktoringas ir lizingas
• 2011–2012, Chairperson of the Board of UAB Citadele faktoringas ir lizingas
• 2007–2011, Director of Commerce of UAB Parex faktoringas ir lizingas (later renamed to UAB Citadele faktoringas ir lizingas)
• 2006–2007, Director of UAB Izo Turtas
• 2005–2007, Development Manager of UAB Izo Turtas

Since 13 February 2024

Education

• Masters in Finance, Vilnius Gediminas Technical University
• Bachelor degree in Business Administration, Kaunas University of Technology

Qualifications

• International Internal Audit Institute, Certification in Risk Management Assurance (CRMA)
• International Internal Audit Institute, Qualification in Internal Audit Leadership (QIAL)
• International Internal Audit Institute, Certified Internal Auditor (CIA)
• Baltic Institute of Corporate Governance, Professional Member of the Board
• Good governance practice of companies in Europe, INSEAD case analysis, ecoDa – Association of the Confederation of European Directors
• Member of California Certified Board of Accountancy (CPA, USA) (status – inactive)
• Member of Association of Chartered Certified Accountants (ACCA), UK, since 2002

Other Managerial Positions in Other Legal Entities

• March 2024–present, Independent Chair of Audit and Risk Committee of UAB ILTE
• March 2020–present, Board Member of Association of Internal Auditors
• October 2016–March 2024, June 2024–present, Independent Chairperson of Audit and Risk Committee of Ignalinos atominė elektrinė
• May 2023–present, Independent Chair of Audit and Risk Committee of ‘VĮ Klaipėdos valstybinio jūrų uosto direkcija’
• 2016–present, Director and owner of UAB Baltijos ekonomistas
• December 2022– February 2024, Head of Internal Audit of Credit Union Saulėgrąža
• March 2019–March 2023, Independent Chair of the Audit Committee of AB ‘Lietuvos oro uostai’
• November 2019 – November 2023, Independent Member of the Board of UAB Plungės vandenys
• May 2019–December 2023, Energy Effectiveness Fund, Kiev, Ukraine, Independent Member of the Supervisory Board representing the donors (European Union and Germany)
• June 2021–September 2023, Independent Member of the Board of UAB Okeo Payments
• February 2018–March 2019 and October 2019–May 2022, Independent Member of the Supervisory Board of UAB Investicijų ir verslo garantijos
• February 2019–December 2022, Head of Internal Audit of Credit Union Taupa
• October 2018–February 2022, Independent Member of the Audit Committee of AB Klaipėdos nafta
• March 2019–May 2019, European Commission (chosen an opportunity to work as independent member of the board of EEF), Independent Member of Audit Progress Committee
• November 2018–October 2019, Independent Member of the Board of Municipal Enterprise Vilniaus atliekų sistemos administratorius
• 2015–2016, Head of Internal Audit Service of UAB Lietuvos energija
• 2013–2015, Director of Electronic and International Orders Department of UAB Western Union Processing Lietuva
• 2006–2012, Kiev, Ukraine, 2000–2006, San Jose, California, USA, 1997–2000, Vilnius, Director, Chief Manager, Manager, Chief Assistant, Assistant of UAB PricewaterhouseCoopers

Experience

Gintaras has accumulated much experience in the law of companies, competition and real estate, knows business strategy, the management of changes and making activity more effective. He has worked as an attorney, was a partner in the professional body of lawyers IN CORPORE, headed the Legal Department at AB Lietuvos paštas and AB Vilniaus vandenys, was an independent member of the board of UAB Visagino energija. At the public body Valdymo koordinavimo centras, he took up the position of Head of the Analysis Department.

Education

Strategic Management Course at ISM Executive School

Faculty of Law of Vilnius University, Social Sciences Studies, Masters in Law

Mykolas Romeris University, Social Sciences Studies, Masters in Law

Mykolas Romeris University, Social Sciences Studies, Bachelor of Law

Experience

Guoda is an experienced manager with more than 18 years of experience, which was acquired while working in the areas of corporative clients, commerce, assets and hotel management, as well as by working as head of administration and product. Guoda has impressive skills of organising activities, people and costs, coordinating and management, as well as coordinating the activity processes; she is also capable of formulating long-term team goals, shaping strategic goals of the company and the division, and implementing them. At Turto Bankas, Guoda is responsible for organising the sales activity of no longer necessary, inherited or derelict property.

Education

Business School of Vilnius University, International Business Bachelor’s degree

Vilniaus kooperacijos kolegija, Vocational Business Administration Bachelor’s degree

Experience

Justė is an excellent example of internal career advancement. She started her career as a jurist in 2004 at Valstybės turto fondas. After it was merged with Turto Bankas, Justė continued her jurist career, and later took up managerial positions. Justė has almost 20 years of law experience and more than four years of managerial experience. She has a deep understanding of how Turto Bankas operates and what obstacles it encounters.

Education

Mykolas Romeris University, Civil Law Masters degree

Mykolas Romeris University, Law and Management Bachelor’s Degree

Other Positions

Board Member of SE Turto Bankas (since 27 October 2022)

Experience

Algirdas has more than 15 years of experience in public administration of the state. Currently, he is working as Head of the State Competences Office. Previously, he headed the company’s State-Owned Real Estate Strategy Implementation Office of the State-Owned Real Estate Strategy Department.

Education

Mykolas Romeris University, Public Administration Master’s degree

Mykolas Romeris University, Public Administration Bachelor’s degree

Other Positions

Board Member of SE Turto Bankas (from 19 June 2018 to 13 May 2022)

Experience

Bernardas has accumulated long years of managerial experience. Before joining SE Turto Bankas, he worked as head of the Energy Department of Maxima LT, head of Technical Department of UAB ISS Lietuva, Head of Property Exploitation Department of AB Lietuvos paštas, Head of Design Group of UAB Elektros darbai and head of Electrotechnical Goods Group of Procurement Department of the AB Energijos skirstymo operatorius.

Bernardas is also a member of Lithuanian Association of Civil Engineers (Lietuvos Statybos Inžinierių Sąjunga – LSIS) and International Facility Management Association (IFMA).

Education

Kaunas University of Technology, Electrical Engineering Bachelor’s degree

Experience

Modesta has accumulated significant experience in numerous large Lithuanian companies. Throughout her career, she accumulated not only managerial, but debt administration, property management and other experience. Before joining SE Turto Bankas, Modesta was working at the company’s Ignitis Group Service Centre, where she took up the position of the Head of Group Property Management and Administration. Prior to Ignitis, for almost nine years she was the head of Buildings and Transportation Department in the company Energijos skirstymo operatorius. In both of those companies, she was responsible for the 60,000–100,000 sq. m of managed property and a vehicle fleet of approximately 1,000.

Education

Vilnius Gediminas Technology University, Engineering Master’s degree

Experience

Mindaugas has accumulated many years of experience in numerous international companies. Throughout his long career in various companies, Mindaugas has gained experience of strategic planning, effectiveness of activity, cost control, finance management and modelling, money flow control and other kinds of relevant experience, which will help to ensure the effective activity of SE Turto Bankas and its transparency. Before joining SE Turto Bankas, Mindaugas was working as the Head of Finance of the company Brikers LT. Before, he headed the business control and analysis department at the company AB TG CARGO’, and for a long time he worked at Nordea bank where he was responsible for the finance function. Mindaugas has accumulated most of his international experience while working at Omnitel, where he closely cooperated with colleagues from Northern Europe countries.

Education

Vilnius University, Management and Business Administration Master’s degree