The European Central Bank on 30 July 2021 informed Šiaulių Bankas AB (hereinafter - the Bank) that it had issued a permit to Algimantas Gaulia to hold the position of a member of the Management Board of the Bank.
Algimantas Gaulia was elected by the Bank's Supervisory Council to the Bank's Management Board on 6 May 2021, and, as noted in the decision, he will only take up his duties as a member of the Management Board with the permission of the supervisory authority.
Algimantas Gaulia is considered to be a member of the Management Board of the Bank from 30 July 2021.
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