Lithuania fires head of credit institutions supervision department

bank-of-lithuania

The governor of the Bank of Lithuania, Vitas Vasiliauskas, on Wednesday fired Kazimieras Ramonas, the head of the Credit Institutions Supervision Department for a "severe infringement of labour discipline".

In a brief statement on the central bank's website, the governor was said to have ordered the disciplinary action in accordance with the Labour Code. Ramonas was accused of "inappropriate performance and excessive bureaucracy while performing his official duties specified in the Regulations

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: