Notice On The Selection Of An Independent Board Member Of Lithuania Post

Public Limited Liability Company Lithuania Post (hereinafter - the Company), legal entity code 121215587, registered at J. Jasinskio Str. 16, 03500 Vilnius, announces selection of candidates to an open position of 1 independent Board member. The position shall be held until the end of the term of office of the current Board (the current Board of the Company has been elected for a 4-years term and has been acting from 18/12/2017).

Company’s website 

Web Link to the list of Company's main activities.

Information about the Company on the Governance Coordination Centre’s website.

Method of selection: interview.

Candidates applying to the Board of the Company must comply with the following general and specific requirements, as well as independence criteria:

General Requirements:

• The Candidate must have a university degree or equivalent;
• The Candidates' right to perform the duties of a member of the Board, as well as to perform functions assigned to the position of a member of the Board must be inalienable and unrestricted;
• During the last 5 years the Candidate must not be withdrawn from the sole or corporate body of a legal person due to improper performance of ones duties;
• The Candidate must not own the shares of the Public Limited Liability Company Lithuania Post or represent such shareholder;

Specific Requirements:

• The Candidate must have the English proficiency level of C1;
• The Candidate must have expertise in the postal industry or in the field of international parcel delivery. The competence must be confirmed by 3 years of management experience in the postal industry or in international logistics. Work experience in logistics with Asian markets would be an advantage.

Independence Criteria:

• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate cannot be holding a position of the General Manager of the Public Limited Liability Company Lithuania Post, the General Manager or the Member of the Board of a related company and might not have held any of the listed positions during the preceding 3 years;
• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate may not be an employee of the Public Limited Liability Company Lithuania Post or a related company or might not have held any of the listed positions during the preceding 3 years;
• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate does not receive and during the preceding 3 years might not have received any remuneration from the Public Limited Liability Company Lithuania Post or a related company, subject to the remuneration for being a member of the corporate body of the Company;
• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate does not have and during the preceding 3 years might not have had any business relationships with the Public Limited Liability Company Lithuania Post, either directly or as a partner, shareholder, manager or member of the corporate body of a related business entity. The Candidate is regarded as having no business relationships only than such business entity does not receive any income from a state-owned or municipality-owned enterprise or a related company (subject to the remuneration for being a member of the corporate body of the Company);
• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate may not be and during the preceding 3 years might not have been a partner, shareholder, manager, member of a corporate body or an employee of the audit company that is performing the audit of the Public Limited Liability Company Lithuania Post;
• The Candidate does not hold the position of a Board Member for 2 consecutive time terms, as specified within the Article of Association of the Company;
• At the moment of application to participate in the selection process and until the end of the selection procedures, the Candidate must not be an employee of the Ministry of Transport and Communications of the Republic of Lithuania, which is the manager of shares owned by the state (of the Republic of Lithuania) in the Public Limited Liability Company Lithuania Post, and might not have held such position during the preceding 3 years;
• The Candidate must not be a member of a corporate body in 3 or more state-owned companies.

Please note that the Candidates to the Board of Lithuania Post, should they be elected to the Board, must also comply with the following additional requirements:

• the requirements of the Board of the Bank of Lithuania “On Provisions for Evaluation of the Managers and Other Persons Performing Key Functions in Financial Market Participants that are Supervised by the Bank of Lithuania”, approved by Resolution No. 03-181 of the Board of the Bank of Lithuania on 14 November 2013 (A recasted Resolution of the Board of the Bank of Lithuania No. 2018-18817, issued on 13 November 2018),as well as, other specific requirements by the Board of the Bank of Lithuania for the members of boards in electronic money institutions;
• the requirements set out in the Laws of the Republic of Lithuania on the Protection of Objects Important to Ensure National Security and Corruption Prevention,

The selected candidate will only take up the position of a member of the Board of the Company after receiving from the Bank of Lithuania a confirmation, that the latter holds no objections to ones candidacy and only after he (her) has been checked and verified by relevant competent authorities. Therefore, the Candidate shall give his / her written consent to be checked, as provided (in the Laws).

Documents to Be Submitted by Candidates:

• Curriculum vitae (CV, in a free format);
• A copy of the personal identification document;
• A copy of a document attesting university degree or equivalent;
• Cover letter (in a free format);
• Candidate's consent to apply (mandatory form attached);
• Declaration of Candidates compliance with the set requirements an independence criteria (mandatory form attached);
• Candidate's Declaration of Interests (mandatory form attached);
• Additional documentation may be requested by the Selection Commission, to support Candidate’s compliance with the general and specific requirements, as well as, independence criteria.

Candidates must submit all documents to the Company no later than by 3rd July 2019.

Candidates may submit documents to the Company in the following ways:

• In persona. Documents are accepted at address J. Jasinskio Str. 16, 03500 Vilnius, on working days from 7.30 a. m. to 4.15 p. m. When submitting a true copy of a document, one must also have the original documents present, or the Candidate, who is selected, may be asked to produce originals after his selection.
• By post (registered mail or courier service) to the address J. Jasinskio Str. 16, 03500 Vilnius. True copies of documents must be attached and the Candidate, who is selected, may be asked to produce originals after his selection.
• By Email to I.Rinkeviciene@post.lt providing copies, certified by secure electronic signatures and qualified electronic signature certificates.

Contact person: Head of Organization Development Department Inga Rinkevičienė, phone (+370 5) 274 4122, email: I.Rinkeviciene@post.lt

Deputy Contact Person: Agnė Pučkienė, Business Partner of the Organization Development Department, phone (+370 5) 219 5357, Email: A.Puckiene@post.lt

Attachments: Candidate's consent to apply, Declaration of compliance with requirements and independence criteria, Candidate's Declaration of Interests.