The Ministry of Finance, the majority shareholder of a renewables-focused integrated utility, Ignitis Group, selected new candidates for the Supervisory Board of the company, including four independent members and three civil servants.

The proposed candidates were selected based on their broad expertise in the energy and finance sectors, organisational development and digitalisation fields as well as their experience in international business companies. The candidates proposed by the Ministry of Finance still need to be approved by the company’s shareholders.