New President of Nasdaq Vilnius AB Appointed

02.03.2017 VLN

Tallinn/Riga/Vilnius, Nasdaq Baltic Market, March 2, 2017 – Nasdaq (NDAQ) today announced that the Management Board of Nasdaq Vilnius AB has elected Saulius Malinauskas as the Chairman of the Management Board and new President of Nasdaq Vilnius AB effective March 1, 2017. Malinauskas replaces Arminta Saladziene who is now Head of Nasdaq Securities Services and will chair the Supervisory Councils of the Baltic exchanges and central securities depositories.

“Extensive market knowledge, network and experience that Saulius has accumulated throughout his time at Nasdaq will significantly contribute to our joint efforts and passion to develop the securities market further and leverage its full potential in the Baltic region,” says Indars Ascuks, Head of Nasdaq Baltic Market.

“I am grateful for the new opportunities given to me,” says Saulius Malinauskas, President of Nasdaq Vilnius. “Our goal is to create an efficient and innovative marketplace, where companies seeking growth and development can raise funds and enhance their profile and visibility. The most important objective for us is to attract new companies and investors to the stock exchange, thus we will continue close partnership with the market participants and a constructive dialogue with the government and other stakeholders. We believe that developed capital market is fundamental for the sustained economic growth in the Baltics.”

Saulius Malinauskas joined the stock exchange 20 years ago and has since accumulated valuable experience working in various positions. In 2006, he was appointed Head of Market Operations.
Vaidotas Užpalis, currently acting Head of Transaction Services at Nasdaq Baltic Market was elected to the Management Board of Nasdaq Vilnius AB.
 

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius and Nasdaq Baltic central securities depositories.

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