bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 27.05.2018 | Name days: Loreta, Dzidra, Gunita, Dzidris
LatviaLatvia

Citadele Bank to be led by its previous manager

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Guntis Beļavskis

The Council of Citadele Bank has decided to entrust the duties of the Chairman of the bank to its previous manager Guntis Beļavskis.

His candidacy was proposed by the bank Council’s formed nomination committee, manager of the bank’s corporate communications Baiba Ābelniece reports.

The candidates for the post of Chairman of the Board of Citadele Bank were selected by a professional personnel selection company. Candidate names were then forwarded to the nomination committee for further review. Chosen representatives of the Privatization agency and the European Reconstruction and development bank – who are also shareholders of Citadele Bank – as well as one independent expert of the Baltic Institute of Corporate Governance, were part of the committee.

After the review of the nomination committee was heard, the Council of Citadele Bank decided to entrust the duties of Chairman of the Board to the current manager – Beļavskis.

Beļavskis manages Citadele Bank since May 1, 2012. He has been a member of the Board of the Citadele Bank since its foundation on June 30, 2010 up until April 30, 2012.

Beļavskis is grateful to the committee for the trust it provided to him when recommending his candidacy.

«We have worked hard to come up with the bank’s business strategy and the new culture of the organization – as a result, our results now are much better than we anticipated. Citadele Bank governance model is officially recognized as the best among state capital companies in the Baltic Countries. The work we have done has begun to yield results; the banks value goes up. Therefore, I am proud of my team and I fully trust them,»- says the bank’s Chairman.

Beļavskis also said that the current situation in European and global financial sectors should expect more challenges, and the increase of effectiveness and ensuring control over expenses and profitability should be the main priorities for the future.

Klavs Basks, Chairman of the Council of Citadele Bank, notes that the bank has been developing stably, reaching significant business-results, and paid the state all the loans before the stated deadlines. The bank must continue its work on increasing effectiveness and ensuring a long term result. The main objectives of the Chairman will include: continuing work on improving the bank’s activities, ensuring the best possible results in client service; and motivating employees of the bank to continue their work that is full of challenges.

«The bank’s manager should have experience and the ability to reach strategic goals, which lies in the foundation of a successful development. Beļavskis, both in his previous work and in the evaluation of candidates confidently confirmed his professionalism,»- Basks notes, expressing confidence that under Beļavskis Citadele Bank will continue its development.

Guntis Beļavskis has ten years of experience in working in the banking sector and more than 15 years of experience in the sphere of business. In 2002, he was invited to join Parex Bank as the manager of the Sales department. One year after, he was appointed as the manager of the Marketing and Sales department; a year after, he became the leader of the private persons and small and medium business servicing network. In December 2008, after Parex bank was taken over by the Latvian state, Guntis Beļavskis was invited to join the Board of Parex Bank, and after the successful division of the bank, to join the Board of Citadele Bank. G.Belyavskis graduated from the Riga Institute of Transport and Communications, where he received a bachelor’s degree in “Business Administration”.

Ref: 103.109.109.2516


Leave a reply

Minister: Latvia and Croatia have absolute understanding on EU multi-year budget matter

Latvia and Croatia have an absolute understanding when it comes to European Union’s multi-year budget, said Latvia’s Foreign Affairs Minister Edgars Rinkēvičs after his meeting with Croatian Foreign and European Affairs Minister Marija Pejčinović Burić.

Shocking tendency: narcotics consumption on a rise among youngsters

Crimes involving illegal turnover of psychotropic substances comprised 5.9% of all crimes registered in Latvia in 2017. There is also a worrying trend observed – use of narcotics is on a rise among youngsters, as reported by Latvia’s State Revenue Service during a press-conference on Friday, 25 May.

NATO member states propose exchanging information more actively

NATO member states should exchange information more quickly and more actively to remain ahead of Russia, said NATO intelligence head Arndt Freytag von Loringhoven.

Study: Riga residents remain dissatisfied with house management

Nearly every second Riga resident is dissatisfied with the quality of house management service quality, according to results of a recent study performed by Latvijas namsaimnieks on residents’ satisfaction with apartment building management in the capital.

Dutch and Australian governments believe Russia responsible for MH17 tragedy, say Netherlands

Over the crash of the Malaysian passenger airline in Ukraine that took the lives of 298 people, the Dutch government has stated on Friday, May 25, that it together with Australia holds Russia rosponsible for what they saw as its downing with a missile.

Finance Ministry: growth observed for general budget revenue in Q1

In the first four months of 2018, Latvia’s general budget revenue had exceeded expenditures, forming a surplus of EUR 239.9 million, which is EUR 69.2 million more when compared to the same period of last year. A surplus formed for the state consolidated budget (EUR 160.1 million) and municipal consolidated budget (EUR 79.9 million), as reported by Finance Ministry.

Irish voters at ballot boxes in abortion referendum

Ireland's abortion referendum is taking place on Friday, May 25, as the mostly Catholic nation is asked if they wish for a strict ban on abortion to be upheld. Canadian-British news agency Reuters reported on Friday, May 25, that according to opinion polls Irish voters are set to overturn one of the world’s strictest prohibitons on pregnancy terminations. Voters in the once conservatively Catholic nation will be asked if they wish to lift a prohibition that was written in the constitution by a popular vote in 1983, and eased in 2013 for cases, where the mother’s life is in danger. As to the protection of «traditional» family values Ireland, allowed divorce by a small majority only in 1995, but three years ago became the first country in the world to adopt gay marriage by a referendum.

Police in Kuldiga confiscate 3.3 million illegal cigarettes; shut down illegal alcohol production to boot

Kuldiga Country State Police have arrested one person on suspicion of illegal excise goods turnover and have confiscated more than 3.3 million illegal cigarettes, which is the largest volume police in Kuldiga have arrested so far. In addition, authorities have also shut down illegal vodka production, as confirmed by State Police.

Flats built in Tallinn, construction volume in Estonia up by 21%

Construction companies in Estonia have in the first three months of 2018 expanded their production by 21%, Estonian statisticians have estimated.

Latvian Healthcare Ministry promises to improve chronic patients’ care

To improve chronic patient care, Latvia’s Healthcare Ministry has developed a project of rules that will govern the order in which the state pays for medical treatment of chronic, cancer and cardio-vascular diseases in medical institutions.

Weekends in Latvia expected to be hot; air temperature may reach +28° C

This week’s Saturday and Sunday will be hot in Latvia. Aside from summer-like weather, this also means increased possibility of fires, as reported by Latvia’s State Environment, Geology and Meteorology Centre.

Sweden recognises sex without active agreeing rape

Sweden has passed a new law saying that sex without consent is rape, even when there are no threats or force involved, stating that passivity is not a sign of agreeing to sex.

EU member states begin enforcing General Data Protection Regulation

Starting with Friday, 15 May, all European Union member states start enforcing the General Data Protection Regulation, which provides stricter requirements for personal data processing.

Pyongyang after U.S. refusal still willing to enter negotiations

Pyongyang has stated that North Korea was still ready to engage in talks at any time in any form after U.S. President Donald Trump unexpectedly cancelled his meeting with the head of North Korea, Kim Jong-un.

Lithuania moves forward with tax and pension reform

The heavily amended bills on taxes and pensions will have a significant impact on the Lithuanian citizens’ lives if Seimas, the country’s legislature, approves for them in their current form.

Riga City Council decides not to discuss matter of anti-corruption measures in Rīgas satiksme

Failing to reach a consensus on whether or not the matter regarding anti-corruption measures in Rīgas satiksme should be viewed behind closed doors, Riga City Council’s Security, Public Order and Corruption Prevention Committee decided to postpone its review.

Latvian companies in Vietnam to be provided with stable tax payment regime

Latvian businesses working in Vietnam are to be provided with a stable tax-payment regime that will not be subject to amendments of Vietnam’s regulations.

Saeima conceptually supports law amendments to reduce PIT debt formation

On Thursday, 24 May, Latvia’s Saeima approved in the first reading amendments to the Personal Income Tax Law that were proposed to reduce the possibility of PIT debt after application of differentiated non-taxable minimum or progressive rate on income, explains Saeima press-service.

Minister: unemployment is no longer Latvia’s main challenge

Latvia’s main challenge is no longer unemployment, rather the lack of qualified work force, said Welfare Minister Jānis Reirs at the opening of «Employment in Latvia yesterday, today and tomorrow» conference.

MH17 investigators: plane downed by Russian military unit

Dutch prosecutors, who are investigating the tragic crash of the Malaysian passenger plane that fell down in eastern Ukraine in 2014 taking the lives of 298 people, have stated that it has been downed by a missile released by a unit of the Russian Armed Forces.

Latvian Saeima gives green light to improve anti-doping regulation

On Thursday, 24 May, Latvia’s Saeima supported amendments to the Sports Law that provide for improving anti-doping regulation in the country and improve the autonomy of the anti-doping organization through the establishment of Latvian Anti-Doping Bureau, as confirmed by Saeima’s press-service.

Lithuania to host summit of women political leaders

Lithuania and its President Dalia Grybauskaitė will host the 2018 summit of the forum of Women Political Leaders, which is to take place in Vilnius from June 6 to 8.

Green energy becomes more and more attractive for Latvian residents

As technologies continue developing, the use of green energy gradually becomes more and more attractive to Latvian residents. The majority of respondents note that they may start using biomass, solar batteries and even wind turbines in the next ten years, according to results of Baltic International Bank’s latest Latvian Barometer.

Tartu railway routes operating again, system recovery from fire worth millions

In Estonia, railway traffic around the second city of Tartu interrupted last week by a cable fire has been restored with a temporary solution. To fully restore the automatic system, Estonian Railways estimate, millions of euros could be spent.

Committee chairman: municipalities’ involvement in state re-emigration policy is vital

«It is necessary to establish local governments’ responsibility in the country’s general re-emigration policy, because their role is vital. It is also important to involve the private sector. Re-emigration is not just a responsibility for regional coordinators; it is also a complex venture in which we should divide responsibility,» says chairman of Saeima’s Citizenship Committee Ritvars Jansons.

Newest comments