The meeting of the Board of Directors of NEO Finance, AB (code 303225546,
address A. Vivulskio st. 7, Vilnius, hereinafter - the Company) held on 28
October 2020 adopted the following resolution:
1. Regarding the suspension of the interviewing candidates for the Head of
Administration position and submission of the candidature of the selected
person for the approval of the Bank of Lithuania
Decisions taken:
1. As of 28 October 2020, to suspend the process of interviewing candidates
for the Head of Administration position, deciding that the candidate
Aleksejus Loskutovas is suitable for the position of the Head of
Administration of the Company.
2. Pursuant to Republic of Lithuania Law on Electronic Money and Electronic
Money Institutions and Resolution of the Bank of Lithuania No. 03-181 "On
The Approval Of The Guidelines For The Assessment Of Members Of The
Management Body And Key Function Holders Of Financial Market Participants
Supervised By The Bank Of Lithuania", to provide the Bank of Lithuania with
the necessary documents and information about Aleksejus Loskutovas in order
to obtain the approval of Bank of Lithuania for his candidacy.
3. After the Bank of Lithuania confirms that Aleksejus Loskutovas may hold the
position of the Head of Administration of the Company, the Board of
Directors will make a decision to appoint Aleksejus Loskutovas as the Head
of the Administration as of the date established in that decision.
A. Loskutovas has been cooperating with the Company for 2 years, and since the
beginning of this year he has been responsible for the activities of the Open
Banking Department. A. Loskutovas not only has a higher education in economics,
but also has more than 15 years of experience in the financial sector - he
previously held various managerial positions in a bank, leasing company and
credit union.
Head of Administration
Aiva Remeikiene
Email: aiva@neofinance.com© 2020 GlobeNewswire
