New Chair of the Board

New Chair of the Board

On June 11th, the Board of the Baltic Institute of Corporate Governance (BICG) elected Lina Kapčinskienė as the Chair of the Board for the upcoming year.

Ms Kapčinskienė is the Managing director and Chair of the Management Board at Baltic Agro Machinery UAB, and has been an active ambassador of the BICG initiatives for over a decade.

“Knowing the difference the BICG has made in advancing good governance practices in the Baltics, I am looking forward to making sure that we both safeguard these achievements and build on them for further improvements. I am proud of the BICG mission and the vision we are heading towards. The Board of the BICG works according to the best professional standards and that’s what we all want to see in private and state-owned enterprises. It is a true honor and responsibility to take over the position of the Chair,” says Ms Kapčinskienė.

She is taking over from Daiga Auziņa-Melalksne the Head of Nasdaq Baltic Exchanges, who has stepped down after serving as the Chair of the Board since 2016, and now remains a member of the Board.

One of the first alumni of the BICG, Ms Kapčinskienė is serving on the BICG Board since 2019. Previously, she served on the BICG Nomination Committee between 2013 and 2016.

For many years, she has also been active in such organizations as Junior Chamber International (JCI), the Finnish-Lithuanian Chamber of Commerce (FLCC), the Association of Responsible Business Companies in Lithuania (LAVA) and the association ‘Lyderė’ for promoting women’s leadership and career striving.

Board of the BICG is appointed by the members of the BICG at the Annual General Meeting (AGM), and establishes the strategies, goals and business procedures for the association.

Members of the Board elect the Chair in their first meeting held after the AGM.

More information about all of the BICG Board members can be found online here.

BICG is the competence center for creating well-governed businesses and stronger economies in the Baltics. It is an association working to ensure that private and state-owned companies are governed competently, transparently, with a high standard of accountability and are successful long-term. It is achieved through policy advocacy, best practice recommendations, education programs and other initiatives.

For more information:

Rytis Ambrazevičius
Baltic Institute of Corporate Governance
Phone: +370 698 17011
Email: rytis[at]