VU TSPMI

Personal information    
Date of birth             6 February 1953
Languages              Lithuanian, English, Russian


Education                         
1977         M.A. in Economics, Vilnius University
1984         Ph.D. in Economics, Vilnius University.Dissertation: “Financial balance of the Republic of Lithuania”


Academic positions
1996 – now     Institute of International Relations and Political Science, Vilnius University
1977-2004    Faculty of Economics, Vilnius University


Employment
1990-1992    Member of Seimas of the Republic of Lithuania. Chairman of the Committee of Municipalities
1992-1993    Minister without Portfolio, Government of the Republic of Lithuania
1993-now    Director of the International Relations Department of the Bank of Lithuania
1995-2001    Member of the Board of the Bank of Lithuania
2001-2003    Advisor to the Executive Director at the Nordic-Baltic Office, IMF, Washington D.C.


Other experience
1996-1998    Institutional Development Project manager for the BOL (Financed by PHARE program).
1995-2003    Coordination of PHARE projects for Lithuania’s financial sector
1995-2005    Preparation and supervision of implementation of EU Phare loan programme for the SME sector through the commercial banks
1995-2005    Preparation and supervision of the implementation of the World Bank Structural Adjustment Loan for enterprise and financial sector
2003-now    Investment Committee Member for foreign investment  
 
Courses attended
1994-2004     JVI, BIS, Bank of England, Bank of Italy, Deutsche Bundesbank and Nordic-Baltic constituency countries on macroeconomic policies, financial markets;
1997    ‘Organization of US financial sector’, USA
1998    ‘Is Japanese restructuring on the right track?’, Japan


Participation in governmental and international committees, programs.
1996-1999     Head of an Intergovernmental working group on approximation of Lithuania’s legislation in the financial sector
1997-2001     Chairman of the Board of Lithuania’s Insurance, Banking and Finance Institute
1997    Member of a team preparing and promoting first Lithuania’s sovereign Eurodollars issue
2003-now      Member of IMF Sub-committee of the Economic and Finance Committee
2003-now     Alternate Member at the International Relations Committee of the European Central Bank
2003-now    Alternate Member of the Nordic-Baltic Monetary and Finance Committee
1997-2004     Editor in Chief of quarterly Journal “Integration into European Union: Banking and Finance”    

Areas of interest and research
Monetary Unions, International Finance Architecture


Courses taught
Economic and Monetary Union, Public Finance, European Economy, History of Money, Globalization Challenges


Main publications 

• Changes for the Bank of Lithuania in the Process of Accession to the EU//Monetary Studies, BOL, 1997. No. 1, p.p. 70-78 (summary in English);
• Bank International Transactions, Manual; Vilnius, 1997 (co-autorship, in Lithuanian), 179 p.;
• Bank Financial Management, Manual; Vilnius, 1998 (co-autorship, in Lithuanian), 175 p.;
• Recent Developments in the International Monetary System and Lithuania//Development of Lithuanian Banking; Vilnius, BOL, 1998 (in Lithuanian), p.p. 55 – 68.
• he Implications of the Economic and Monetary Union Membership Obligations for Lithuania//Monetary Studies, Volume II, No. 3, 1998 p. 20 – 31, (Summary in English);
• Lithuania’s Monetary and Exchange Rate Policy at the Arrival of the Euro//Euro, No. 47, 1999, p.p. 61 – 66, (In English);
• Way to the EMU. Vilnius, LBIFI, 1999 (Summary in English), 144 p.  
• EU Accession and Central Bank Convergence//Monetary Studies, BOL, 2001. No.2
• Lithuania and IMF: Features, Development and Perspectives of Cooperation// Monetary Studies, BOL, 2002. No. 3, (summary in English);
• European Money. Textbook; Vilnius, BOL, 2005 (co-authorship with R. Kropiene, in Lithuanian), 352 p.