Home » Business » The ECB has appointed Lauri Menci as Chairman of the Board of Swedbank

The ECB has appointed Lauri Menci as Chairman of the Board of Swedbank

European Central Bank (ECB) approves Lauri Menci “Swedbank“as the Chairman of the Board, said Jānis Krops, a representative of Swedbank.

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He announced that the ECB’s approval had been received on Wednesday, 22 June.

On May 9 this year, the Supervisory Board of Swedbank approved Menci as the Chairman of the Board. Until then, Mencis was a member of the bank’s board and head of the Corporate Affairs Department.

Mencis has been acting Chairman of the Board since January 2022, as in December last year, after five years in office, Reinis Rubenis resigned from the position of Chairman of the Board of Swedbank Latvia, who was appointed one of the largest in January 2022. Kazakhstan Chairman of the Board of ForteBank. In June of this year, Rubenis left this position.

Cod Swedbank Latvija has been operating for more than 20 years. Until now, he headed the Corporate Governance and was a member of the Board of Swedbank for almost two years. During his career, Swedbank Mencis has managed various structural units of the bank – both the International Customer Service Department, later the Small and Medium Business Service Department, and the Large Business Service Department.

The members of the Management Board continue to work in the management team of Swedbank Latvia – Renārs Rūsis, Head of Retail Banking, Vadims Frolovs, Head of Customer Service, Līga Šķendere, Head of Risk Management in Latvia Ruta Malacanova, Gundega Genca, Head of Compliance and Karina Lindava, Head of Financial Crime Prevention . The management team also includes Agnese Garda, Head of the Legal Department, Agita Jākobsone, Head of the Personnel Department, Lolita Stašāne, Head of the Communication and Sustainability Department, and Jevgenijs Ivanovs, Acting Head of the Corporate Department.

Swedbank is the largest bank in Latvia in terms of assets.

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