Gediminas Šimkus Appointed Second Term as Chair of Board of Lietuvos Bankas
Summary
On 26 March 2026, the Seimas of the Republic of Lithuania appointed Gediminas Šimkus to a second five-year term as Chair of the Board of Lietuvos Bankas. Šimkus has held this position since 7 April 2021 and also serves as a member of the Governing Council of the European Central Bank.
“Today the Seimas of the Republic of Lithuania appointed Gediminas Šimkus for a second term as the Chair of the Board of Lietuvos bankas.”
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GovPing monitors Lithuania Lietuvos Bankas News for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 3 changes logged to date.
What changed
The Seimas of the Republic of Lithuania appointed Gediminas Šimkus to a second five-year term as Chair of the Board of Lietuvos Bankas. The candidate was nominated by the President of the Republic of Lithuania, as required under the applicable governance framework. The Chair of the Board serves a fixed five-year term, renewable upon reappointment.
This announcement is an administrative governance action with no direct compliance obligations for regulated entities. Financial institutions operating in Lithuania should note the continuity of central bank leadership, which may influence the supervisory priorities and regulatory approach of Lietuvos Bankas during the second term.
Archived snapshot
Apr 25, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Seimas appointed Gediminas Šimkus to a second term as the Chair of the Board of Lietuvos bankas
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1 of 1 Today the Seimas of the Republic of Lithuania appointed Gediminas Šimkus for a second term as the Chair of the Board of Lietuvos bankas.
The candidate for the Chair is nominated to the Seimas by the President of the Republic of Lithuania.
G. Šimkus has served as the Chair of the Board of Lietuvos bankas since 7 April 2021. He is also a member of the Governing Council of the European Central Bank.
The Chair of the Board is appointed by the Seimas for a five-year term.
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