EPSO-G Elects New Members to Its Audit Committee
EPSO-G Elects New Members to Its Audit Committee
Energy Transmission and Exchange Group EPSO-G is actively enhancing its governance structure with recent changes in its Audit Committee. The company, with its legal entity code 302826889, has a registered address at Laisv?s pr. 10 in Vilnius, Lithuania. This restructuring by the sole shareholder, the Ministry of Energy of the Republic of Lithuania, indicates a commitment to rigorous oversight.
A New Four-Year Term for the Audit Committee
As of October 23, 2024, EPSO-G has elected three members to its Audit Committee for a new four-year term. This decision brings forward experienced professionals who will contribute to the company's financial integrity and accountability:
Key Appointments
- Vytenis Lazauskas: An independent member of the Audit Committee of EPSO-G, bringing valuable external insights.
- Rasa Balevi?ien?: Also an independent member, Rasa serves on both the Audit Committee and the Board of EPSO-G, ensuring a seamless governance connection.
- Dainius Braži?nas: A member of the Audit Committee, Dainius is nominated by the sole shareholder, reinforcing the unity of oversight.
The EPSO-G Group Structure
EPSO-G is not working alone; it oversees a group of companies that further strengthen its position in the energy sector. The group comprises EPSO-G and six direct subsidiaries, including Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas. Additionally, EPSO-G holds shares in other entities such as GET Baltic, Baltic RCC OÜ, and TSO Holding AS, indicating its broad influence and strategic partnerships.
Role of the Ministry of Energy
The Ministry of Energy of Lithuania plays a pivotal role as the sole shareholder, ensuring that EPSO-G operates with the highest standards of governance and compliance. This stewardship reflects Lithuania's commitment to sustainable energy practices and operational transparency in the sector.
Contact Information
For more insights, interested parties can reach out to:
Gediminas Petrauskas
Communication Partner of EPSO-G
Tel: +370 610 63306
Email: gediminas.petrauskas@epsog.lt
Frequently Asked Questions
What is EPSO-G?
EPSO-G is a group focused on energy transmission and exchanges, responsible for overseeing various subsidiaries within the energy sector.
Who are the new members of the Audit Committee?
The newly elected members include Vytenis Lazauskas, Rasa Balevi?ien?, and Dainius Braži?nas, all bringing extensive expertise to their roles.
What is the term duration for the new members?
The newly elected Audit Committee members serve a term of four years starting from their appointment in October 2024.
How does the Ministry of Energy influence EPSO-G?
The Ministry of Energy serves as the sole shareholder, exercising oversight and ensuring compliance with energy regulations.
Where can I find more information about EPSO-G?
For inquiries or additional information, you can contact Gediminas Petrauskas at the provided email or phone number.
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