“EPSO-G announces the selection of BALTPOOL board members
The energy transmission and exchange group EPSO-G has announced the selection of the members of the Board of Directors of the group company Baltpool. Candidates are invited to apply by 4 February this year.
“The core business of the group company Baltpool is an international exchange where biofuel products are traded. In Lithuania, the company also organises wood and heat auctions, and administers public interest service obligations (PSI) funds. In order to further strengthen Baltpool’s position consistently, especially in international markets, we aim to attract the best competences to the Board”, says Mindaugas Keizeris, CEO of EPSO-G.
According to Mr Keizer, Baltpool, as well as the entire EPSO-G Group, will make a significant contribution to the implementation of Lithuania’s 2050 energy vision, which was presented at the end of last year
“Baltpool’s board consists of five members, elected for a four-year term. The term of office of the current Board will end in April 2024.
To ensure good governance practices and proper shareholder representation, Baltpool’s Board will be composed of two independent board members, two board members nominated by the parent company EPSO-G and one board member nominated by the small shareholder KN Energies.
The new Baltpool Board will include independent board members responsible for service development and international expansion, while shareholder-nominated members will be responsible for strategic planning and management, financial management and new business development.
The selection of independent board members is carried out through the executive search agency Master Class Lietuva.
“The EPSO-G group of companies consists of the management company EPSO-G and its five direct subsidiaries Amber Grid, Baltpool, Energy cells, Litgrid and Tetas. “EPSO-G and its Group companies also hold shares in GET Baltic, Baltic RCC OÜ and TSO Holding AS. “The Ministry of Energy of the Republic of Lithuania exercises the rights and duties of the sole shareholder of EPSO-G.
Documents for candidates
- “Competence matrix for the Baltpool Board
- Call for applications for independent members of the Board of Baltpool
- Call for applications for rented members to the Baltpool Board
General documents
Documents for nominations
Documents for independent candidates
