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Chair of the new Supervisory Board of AB “Ignitis grupė” elected, committees formed
Globenewswire· 2025-10-31 13:50
Core Points - The Ignitis Group has elected Alfonso Faubel as the new Chair of the Supervisory Board, effective from 31 October 2025 [1][4] - Faubel brings 36 years of experience in energy, digitalisation, and automotive industries, with significant expertise in the renewable energy sector [2][3] - The Supervisory Board consists of nine members, including six independent members and three civil servants, with new members elected for a four-year term [5] Committee Formation - The Supervisory Board has established three committees: the Audit and Risk Committee, the Nomination and Remuneration Committee, and the Sustainability Committee, each formed for a four-year term [6] - The Audit and Risk Committee includes Judith Buss (Chair), Sian Lloyd Rees, Ingrida Muckutė, and Alfonso Faubel [7] - The Nomination and Remuneration Committee is chaired by Lorraine Wrafter, with Jutta Dissen and Aušra Vičkačkienė as members [7] - The Sustainability Committee is chaired by Tim Brooks, with Lina Liubauskaitė and Jutta Dissen as members [8]