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Former AB LEO LT financial director to start working at Danske Bankas

03.08.2009

Ramūnas Bičiulaitis, former board member and financial director of AB LEO LT, starts working as head of the Finance Department of Danske Bankas today. Mr Bičiulaitis had been working at the national electric power energy company since its incorporation.

Mr Bičiulaitis brings to Danske Bankas his valuable experience in the field of finance, which he acquired in various companies operating in Lithuania, Latvia, and Poland.

“When I received the proposal from Danske Bankas, I knew that I simply could not refuse”, Mr Bičiulaitis said. “I view it as an excellent opportunity to improve and to meet new challenges as well. I believe that my experience gained at LEO LT and other companies will be beneficial for Danske Bankas”, the new director of the Finance Department said.

Mr Bičiulaitis has a master’s degree in finance and banking and a doctoral degree in finance management.


About Danske Bank Group

The Danske Bank Group with its headquarters in Copenhagen, is the largest bank in Denmark and the second largest bank in the Northern European financial market in terms of assets. Its share capital amounts to 13,5 milliard euros (46 milliard litas).

The Danske Bank Group operates in 14 countries, has 797 bank units, employing almost 23 thousand employees.

Danske Bank was established in 1871 as Den Danske Landmandsbank. After many mergers it became the largest bank in Denmark and developed its activity in Sweden and Norway.

More information at www.danskebank.com


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