Upon approval by the Bank of Russia Algimantas Kundrotas, Senior Vice-President, was appointed to the position of Member of the Management Board of AO UniCredit Bank, responsible for Global Banking Services. The new appointment takes effect starting from May 7, 2018.

Algimantas Kundrotas joined the Group in 2000 as Deputy General Manager and Head of Corporate and Treasury Department at UniCredit in Lithuania. From 2007 till 2013 he worked in AS UniCredit Bank in Latvia, first as Board Member in charge of the Corporate and Private Banking and since 2012 as CEO of the bank.

In 2014, Algimantas took over the role of Chief Program Officer for CEE2020 in UniCredit Bank Austria AG, and following he was appointed as Chief Program Officer for CEE Transform 2019.
Mr. Kundrotas graduated from the Vilnius University, Lithuania, in 1989, he holds a degree in Economics.