Life Insurance Company Bonum Publicum will be lead by Saulius Jokubaitis

2018-07-04

Saulius Jokubaitis won the contest to lead the Life Insurance Company Bonum Publicum.  He started taking his duties this week after receiving a permit from the Bank of Lithuania.

"The insurance market in Lithuania in recent years has been sufficiently dynamic, which provides good prospects for the development of Bonum Publicum.  I am glad to take the opportunity to join the experienced team and contribute to the further development of the company. Among the most important goals I set to myself as a new head of the company, I could mention the further successful growth of the company, adaptation to the changing regulatory environment and stronger integration into the Šiaulių bankas group ", - said Saulius Jokubaitis.

During the recent 18 years, S. Jokubaitis has been taking leading positions at ERGO insurance companies in the Baltic States - he was a member of the board of directors of life and non-life insurance companies and the head of the Lithuanian division.

S. Jokubaitis has been working in the field of insurance since 1993. During his career, S. Jokubaitis was responsible for business development in the three Baltic States, product development, pricing, profitability, risk taking and other areas.

"We are glad to trust the steering wheel of our subsidiary company to such an experienced executive. Bonum Publicum has been operating in the country's insurance market for many years so far and it stands out with good performance. We believe that the new leader's experience and fresh ideas will help the company to further strengthen and grow", - said Chief Executive Officer of Šiaulių Bankas Vytautas Sinius.

The life insurance company Bonum Publicum, founded in 2000, is part of the Šiaulių Bankas group. 100 percent of the shares of Bonum Publicum are owned by Šiaulių Bankas.