The energy transmission and exchange group EPSO-G has announced a selection process for the board of directors of the energy infrastructure development and maintenance company Tetas, which will consist of five members elected for a four-year term. The term of office of the current five-member board of Tetas will end in April 2023.
Candidates are invited to submit their nomination papers by 9 January, the deadline for submitting nomination papers having been extended due to the festive period.
In order to ensure good governance practices and adequate shareholder representation, two independent members and three board members nominated by the parent company will be selected.
The independent board members will be responsible for the areas of business development and digitalisation and data management in the newly formed board. The nominated members of the parent company will be in charge of the areas of financial management and control, project management and operations, and organisational development and operational efficiency.
“Tetas, 100% owned by EPSO-G, is currently implementing the development of synchronisation projects with the continental European grid, which are important for the country’s energy independence. The company is also one of the contractors used by EPSO-G for the construction of the Physical Barrier on the border with Belarus.
More info:
“Announcement of the selection of independent members of the Board of Directors of Tetas (LT)
