OREANDA-NEWS. On 12 May 2008 was announced, that Juris Gulbis, previously Lattelecom’s deputy board chairman and finance director, was elected to the post of executive director and board chairman. His nomination was approved on the previous day by the Lattelecom meeting of shareholders. It was also decided to elect Lattelecom network director Valdis Vancoviиs as deputy board chairman.
 
The executive director and board chairman was selected in a closed competition. Gulbis was chosen from among three candidates. The necessary documents will be submitted to the Latvian Company Register today, and the relevant changes in the Lattelecom board will be registered in the next few days.
 
“I am delighted to accept this challenge. Lattelecom’s top priority will not change – developing broadband Internet services in Riga and outside the city. Another fundamental area of operations will be improving client services and developing our self-service system. We will also work to enhance Lattelecom’s operating efficiency,” announced Gulbis.
 
Juris Gulbis has been on the board of Lattelecom since January 1, 2007. On December 10 of that year, he became acting board chairman. Prior to joining Lattelecom, Gulbis was executive director of the S.P.I. Group SA in Geneva, which produced and distributed alcoholic beverages. Prior to that, Gulbis was executive director of S.P.I. Limited in Cyprus, as well as board chairman of Latvijas Balzams, the largest alcohol bottling and distribution company in the Baltic States. Gulbis is a graduate of the Riga Technical University, where he received a degree in engineering related to management of manufacturing, as well as the construction of roads and bridges. He has supplemented his knowledge at various professional courses on subjects such as international bookkeeping standards, the specifics of the banking and capital market, as well as personnel management. Gulbis is a member of the Association of Chartered Certified Accountants, which is the largest organisation of its kind.
 
“I am pleased that the process of finding a new executive director and board chairman for Lattelecom has concluded successfully and that the new director will be able to get to work.” said Lattelecom Council chairman Gundars Strautmanis.
 
Valdis Vancoviиs, who is the new deputy board chairman for Lattelecom, has worked for the company for 14 years. For the past four years he has been network director and board member for Lattelecom. He has worked in the area of international telecommunications services, helped to organise the company’s credit oversight system, and, for three years, led the inter-operator and wholesale business. He took over the company’s Network Service in 2004. Prior to joining the Lattelecom board, he spent one year as a member of the SIA Latvijas Mobilais Telefons Council.
Vancoviиs is an engineering specialising multi-channel transmission systems. He earned a master’s degree in telecommunications engineering, and he received another master’s degree with honours in business administration in Slovenia.
 
Today the board of Lattelecom has four members – chairman Gulbis, deputy chairman Vancoviиs, personnel director Ingrida Rone, and commerce director Janis Ligers. The Council has authorised Gulbis to serve as acting finance director until such time as a new Finance Management and Support Service director is hired.
 
The membership of the Lattelecom board can be reviewed at:
http://www.lattelecom.lv/Lattelecom_group/about_Lattelecom_group/management/
 
Lattelecom is the leading provider of electronic communications services in Latvia. The company offers integrated electronic communications and IT Services, as well as telecommunications, network design and installation services. Lattelecom also provides data transmission and IT infrastructure solutions, Internet and contact services, as well as outsourced business process services. The Lattelecom Group consists of six companies – Lattelecom, Lattelecom Technology, Lattelecom BPO, Citrus Solutions, the Baltic Computer Academy, and LSS.