OREANDA-NEWS. December 24, 2013. Deputy Chairman of the Board  and Chief Executive Officer of Siauliu bankas Audrius Ziugzda has decided to finish his work at Siauliu bankas.  A.Ziugzda will remain in his capacity until 31 January 2014. A.Ziugzda has led Siauliu bankas for three years.

"I had an unique opportunity to work with the strong team of Siauliu bankas that is not afraid of the challenges, to contribute to the bank's successful performance and implementation of its goals as well as to gain much valuable experience. 

The recent years have been very important and responsible to Siauliu bankas - we've managed to strengthen the name of Siauliu bankas, expand the clientele, gain unique experience while taking over the part of Ukio bankas' assets and liabilities.  Today Siauliu bankas has a great potential and is ready for further significant changes and development.  The changing times dictate new solutions - I'm leaving Siauliu bankas for personal reasons", - says A.Ziugzda.

"We're thankful to Audrius Ziugzda for his weighty and effective contribution to the bank's activities - I appreciate what we've done at the bank all together over the recent years", - said Algirdas Butkus, Chairman of the Board of Siauliu bankas. - Audrius's professional performance and energy helped implementing the positive strategic changes, achieving magnificent activity results, improving bank's activity processes and mustering the team for professional work."

A.Ziugzda has been taking the capacity of the Chief Executive Officer of Siauliu bankas since February 2011. Under his leadership Siauliu bankas has grown up to 77 branches all over Lithuania and doubled the number of its clients which currently exceeds 300 thousand.  Among other commercial banks operating in Lithuania Siauliu bankas has become the bank number 5 by managed assets this year.  In 2013 the international magazine "The Banker" issued by „The Financial Times“ awarded Siauliu bankas as the best bank in Lithuania.