As announced in August 2023, Daiga Auzina-Melalksne was nominated to join AS “Citadele banka” Supervisory Board, subject to receiving respective regulatory approvals. The nomination has been approved by the regulator and Daiga Auzina-Melalksne has become Member of the Supervisory Board effective from 1 November 2023.

Daiga Auzina-Melalksne is an experienced board member with over 20 years of leadership and management experience in financial services sector. Daiga was Chairperson of the Management Board of Nasdaq Riga (2005-2023), Member of the Management Board of Nasdaq Tallinn (2012-2023). Daiga was responsible for Nasdaq Baltic Exchanges strategy and operations since 2012. Daiga also serves as an Elected Member of Board of the Baltic Institute of Corporate Governance (2016 – present) and as Head of Latvian Corporate Governance Board under the auspices of the Latvian Ministry of Justice (2020 - present) and is an advisory Board Member of Riga Business School (2021 – present). Daiga holds Master of Business Administration degree in Management from the University of Latvia, an Executive Master of Business Administration degree from the Riga Business School and a Professional Board members Certificate from the Baltic Institute of Corporate Governance.

As announced in March 2023, Member of the Audit and Governance committee (shareholder level) Stephen Young was nominated to join AS “Citadele banka” Supervisory Board, subject to receiving respective regulatory approvals. The nomination has been approved by the regulator and Stephen Young has become Member of the Supervisory Board effective from 4 October 2023.

Stephen Young is the International Chief Executive Officer of Mission Without Borders, a group of “not for profit” organizations working among the poor and marginalized in several countries in Eastern Europe, ranging from Albania to Ukraine. He has been a member of the Audit and Governance Committee of Citadele since 2017. Prior to this Stephen was the senior partner of KPMG in the Baltics and Belarus from 2004 until his retirement in 2015. Stephen worked with KPMG in Central and Eastern Europe from 1992 to 2015 and was a member of the KPMG CEE Board. With KPMG, Stephen served a number of clients in the banking and finance sectors across the Baltics and other CEE countries, providing audit, transaction and forensic services. Stephen holds a BA Honors degree in Economics from the University of Durham in the United Kingdom and is a Fellow of the Institute of Chartered Accountants in England and Wales and also a Fellow of the Chartered Accountants of Australia and New Zealand.

About the Citadele Group

Citadele’s mission is to modernise the Baltic banking sector and offer more opportunities to clients and businesses throughout the Baltics. In H1 2023, Citadele issued EUR 429 million in new loans in the Baltics, with its total loan portfolio reaching EUR 2.9 billion, while total deposits reached EUR 3.9 billion as of 30 June 2023. Alongside universal banking services, Citadele offers its clients a range of services based on next-generation financial technology, including its modern app, contactless payments and instant payments. Citadele was the first in the Baltics to introduce account opening with a “selfie”, payment rings and payments to mobile numbers. Citadele is headquartered in Latvia. Its subsidiaries and branches operate in Latvia, Lithuania and Estonia.

         Ilona Frīdmane
         Head of Investor Relations & ESG
         Phone: +371 29483327
         E-mail: investor.relations@citadele.lv