aA
Lithuanian President Gitanas Nauseda has appointed his adviser Simonas Krepsta a board member of the country's central Bank of Lithuania.
Simonas Krėpšta
Simonas Krėpšta
© DELFI / Kiril Čachovskij

Krepsta becomes the board's fifth member, filling in a vacant place.

He will be replaced as chief presidential adviser on the economic and social policy issued by the president's incumbent adviser on social issues Irena Segaloviciene, the presidential office said on Monday.

Krepsta has advised the president for the past two years, having previously served in various positions within the Bank of Lithuania for over a decade.

The Board of the Bank of Lithuania has 5 eats, yet currently includes 4 members: Gediminas Simkus, board chairman, Asta Kuniyoshi and Raimondas Kuodis, deputy boardchairs, and Marius Jurgilas, a member of the board.

Pursuant to the Republic of Lithuania Law on the Bank of Lithuania, deputy chairs and members of the Board are appointed for a six-year term by the president of the Republic of Lithuania upon nomination by the chairman of the Bank of Lithuania.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Reconstruction of Palanga Airport: main works to begin in September

The European Commission (EC) has approved a public support measure for Palanga Airport in Lithuania...

LiTak-Tak plans to bring EUR 140 mln arbitration claim against Lithuania

The Ukrainian owners of Lithuania's air defense systems developer and producer LiTak-Tak has submitted...

At-risk-of-poverty rate falls during pandemic

The at-risk-of-poverty rate in Lithuania decreased during the pandemic, but not in all population...

Mandatory COVID-19 testing for certain professions comes into force (2)

Mandatory testing for COVID-19 is coming into force in Lithuania on Monday as the country battles to...

Economy minister to visit Kazakhstan in early September

Economy and Innovation Minister Ausrine Armonaite is planning to travel to Kazakhstan in early...

Top news

Migrants crisis: unrest starts at Rudninku training ground

After the heavy rain on Monday night, illegal migrants that are placed at Rudninkų training ground...

Foreign Minister wants EU sanctions on all those involved in migrant smuggling (1)

As the rate of irregular migration from Belarus to Lithuania is not slowing down, the European Union...

212 new COVID-19 cases

On Sunday, 212 new COVID-19 cases were detected in Lithuania. Since the beginning of the pandemic, the...

Lithuania to offer money to migrants who want to return home

Lithuanian border guards and migration officials will offer some money to irregular migrants who want...

Reconstruction of Palanga Airport: main works to begin in September

The European Commission (EC) has approved a public support measure for Palanga Airport in Lithuania...