Novaturas AB announced On 13 March, Vygantas Reifonas, who has many years of experience in this field, takes up the position of Chief Financial Officer (CFO). Mr. Rakovski adds that the recent changes in the management team of several divisions reflect the aim to encourage internal career development – to develop talents, to spot their strongest competences and to provide them with real opportunities to act as well as ensure team motivation. Vygantas Reifonas has more than 20 years of experience in financial management, organisation development, risk management, etc.

Mr. Reifonas has held the position of Chief Executive Officer of Baltic Mill, a Baltic grain processing group, and worked as CFO in the company. He also worked as Director of the Organisation Service of the Bank of Lithuania, Director of the Finance Department and Member of the Management Board of AB Lietuvos Draudimas.