Jūlija Lebedinska-Ļitvinova has been appointed as Chief Risk Officer for Citadele banka and elected as a member of the Management Board as of 1 June 2021, subject to regulators’ approval.

As previously announced, Citadele was in process of selection of new Chief Risk Officer following organizational changes in the Bank’s Management Board and Valters Ābele moving to the role of Chief Financial Officer.

“Valters and the Risk and Credit team have made good progress over the last years. I want to thank him for his contribution in the Chief Risk Officer role and look forward to him fully transitioning to Chief Financial Officer,” says Johan Akerblom, Citadele CEO.

Jūlija Lebedinska-Ļitvinova has an extensive experience of more than 15 years in risk management area in financial sector. Jūlija comes from a position as Group Chief Risk Officer for Mogo Finance Latvia since 2019. Before that she held Chief Risk Officer’s position in 4Finance Group Latvia (2015-2019), Head of Antifraud and Risk processes position in Home Credit and Finance Bank, Russia (2013-2015) and Chief Risk Officer’s position in Home Credit Bank, Belarus (2011-2013). Jūlija Lebedinska-Ļitvinova has a PhD degree in natural sciences from the University of Latvia.

“Recognition to be a systemically important financial institution is not only a privilege, but it also puts an additional responsibility on Citadele. Excellent services provided to customers should be developed in a way to ensure proper risk understanding in line with highest prudential standards imposed by the Regulator and I feel excited to take this journey together with Citadele,” says Jūlija Lebedinska-Ļitvinova.

“I am happy to have Jūlija joining the team as new Chief Risk Officer. She has a proven track record from her long career in risk area and will bring experience in data driven risk approaches that will further strengthen the bank. Additionally, Julija will also add value into the management team with her personality and non-bank experience. With Valters moving fully into Chief Financial Officer position I feel confident that the hand over will run smoothly,” says Johan Akerblom, Citadele CEO.

About Citadele Bank

Citadele’s mission is to modernise the banking sector and offer more opportunities to clients and businesses throughout the Baltics.

Alongside classic 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, and finally, being the first in the Baltics to introduce opening an account with a selfie, payment rings and payments to mobile numbers.

Citadele is the fourth largest bank in Baltic by assets. The Citadele group is managed from Latvia. Its subsidiaries and branches operate in Latvia, Lithuania, Estonia and Switzerland.

         Kristīne Mennika
         Head of Corporate Communications
         Phone: +371 26528533
         Email: Kristine.Mennika@citadele.lv
         
         Ilona Frīdmane
         Head of Investor Relations
         Phone: +371 29483327
         Email: IR@citadele.lv