Novaturas AB announced that Vygantas Reifonas, joins the management board. Arunas Žilys, takes over the Head of Analytics of the Group in order to strengthen data integration in company's operations and implement advanced pricing solutions. 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.

Arunas Žilys, who has taken over the position of Head of Analytics of Novaturas Group, says that the resilience, adaptability and sustainability demonstrated by the company over the past years allows it to move forward. One of the main objectives is to implement technology and data-driven solutions with increasing quality.