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Gediminas Šimkus Appointed Second Term as Chair of Board of Lietuvos Bankas

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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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About this source

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, 2026

GovPing 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

  1. Media
  2. News ) Newsletter RSS 2026-03-26

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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Last updated

Classification

Agency
LB
Published
March 26th, 2026
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks
Industry sector
5221 Commercial Banking
Activity scope
Central bank appointments Governing Council membership
Geographic scope
LT LT

Taxonomy

Primary area
Banking
Operational domain
Government & Public Administration
Topics
Financial Services

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