Vilnius City Municipality announces the selection of independent members of the Board of Grinda UAB

Vilnius City Municipality Administration announces the selection of independent members of the Board of Grinda, a private limited liability company!

Grinda UAB is a company established by Vilnius City Municipality to provide urban management services.

The Board of Directors is appointed for 4 years. The Board consists of 5 members in total.

The newly formed Board will be composed of three independent Board members with the following competences:

1. Corporate governance and strategic planning;
2. Branches of the economy (infrastructure maintenance);
3. Financial management.

Thegeneral requirements and criteria for independence are set out in the Law of the Republic of Lithuania on Management, Use and Disposal of State and Municipal Property 23⁽¹⁾ (5) and (7).

Specific requirements by competency:

1. Corporate governance and strategic planning competences:

• at least 5 years’ experience in a managerial role (as head of a company, or as a senior manager reporting directly to the head of a company), in a company of similar size or larger;
• knowledge and experience in the management, control and supervision of corporate activities;
• experience in business strategy formulation and implementation
• knowledge of corporate governance principles and knowledge and experience of good corporate governance.

2. Branches of the economy (infrastructure maintenance):

• at least 5 years’ experience in a managerial role (as head of a company, or as a senior manager reporting directly to the head of a company) in a company operating in a similar sector;
• Experience in managing, evaluating and/or financing infrastructure projects.

3. Financial management responsibilities:

• at least 5 years’ experience in a senior management role (as a company manager, or as a senior manager reporting directly to the company manager) in financial management, consulting, financial services, auditing.

THE FOLLOWING STRENGTHS ARE ALSO ASSESSED:

1. Corporate governance and strategic planning competences:

• excellent leadership, teamwork and stakeholder engagement skills;
• communicative, with the ability to express ideas clearly and present structured information.

2. Branches of the economy (infrastructure maintenance):

• Experience in strategic planning, implementing strategic objectives and driving corporate value
• knowledge of corporate governance principles and knowledge and experience of good corporate governance;
• excellent leadership, teamwork and stakeholder engagement skills;
• communicative, with the ability to express ideas clearly and present structured information.

3. Financial management responsibilities:

• experience in meeting strategic objectives and increasing corporate value;
• Experience in evaluating and financing investment projects;
• experience in corporate performance, financial management, internal control or risk management;
• knowledge of corporate governance principles and knowledge and experience of good corporate governance;
• excellent leadership, teamwork and stakeholder engagement skills;
• communicative, with the ability to express ideas clearly and present structured information.

– Candidate’s application for selection and declaration of integrity: Annex 1;

– Consent to the processing of personal data: Annex 2;

– Curriculum Vitae (CV);

– cover letter to the selection panel;

– a copy of the applicant’s identity document.

Please send your application by 28 February 2023 to renata@masterclass.lt with the subject line “Selection for the position of Independent Member of the Board of Directors of GRINDA UAB”

Salary (gross): 1/4 of the manager’s salary (currently €1925 before tax)

• Renata Ščerbakovienė, Executive Search Consultant, Master Class Lithuania, phone +370 620 15494, e-mail renata@masterclass.lt
• Laura Duksaitė Iškauskienė, tel. +370 699 37170, e-mail laura@masterclass.lt
• Kristina Kalesnykienė, Chief Specialist, Human Resource Management Division, Vilnius City Municipality Administration, tel. (8 5) 211 2639, e-mail kristina.kalesnykiene@vilnius.lt

Only shortlisted candidates will be informed. Confidentiality guaranteed.

For more information on the company’s activities, please visit https://www.grinda.lt/apie-mus/

For the company’s business plans and reports, please visit https://www.grinda.lt/finansiniu-ataskaitu-rinkinys/