As of 1 September, Arūnas Rumskas will join the LTG Group management team as Chief Financial Officer. An experienced financial strategist and expert in efficiency and process optimisation, he will be responsible for ensuring the Group’s financial stability while driving forward strategic projects, expanding freight and passenger route networks, and creating the conditions for sustainable revenue growth, infrastructure renewal and further development.

'Arūnas is a highly experienced professional in both finance and leadership, with an extensive track record in Lithuania and across the Baltic region. I am confident that his expertise in financial management, together with his proven ability to implement efficiency measures and support sustainable growth, will be invaluable as we deliver LTG’s strategic projects and ensure the Group’s financial operations remain transparent, reliable and long term,' said Egidijus Lazauskas, Chief Executive Officer of LTG Group.

The new CFO brings more than 25 years of senior management experience in finance and operations in Lithuania, the wider Baltic region, and Poland.

Before joining LTG Group, he spent the past five years at PZU Group companies in the Baltics, serving as a board member and Chief Financial Officer, as well as CEO of PZU Lietuva Life Insurance. Before that, he spent 19 years with the international Aviva Group, including nine years in Poland, where he served as Chief Operating Officer and Vice-Chairman of the Board of Aviva Polska. He also headed the Group’s competence centre, which provided expert financial services to Aviva companies worldwide.

Mr Rumskas’s expertise spans financial management, business development, transparent reporting, risk and cash flow management, forecasting and long-term planning. Leading large teams, he has successfully contributed to organisational growth and the creation of sustainable long-term value in line with ESG principles. His knowledge and experience will play an important role in supporting LTG Group’s strategic goals and sustainable development.

'It is a great honour to join the management team of LTG Group – one of Lithuania’s most important companies. I am highly motivated by the opportunity to contribute to this successful business and, at the same time, to strengthen Lithuania’s competitiveness, sustainability and security. I bring extensive experience of leading business entities and finance and operations divisions, which I look forward to applying at LTG. My aim is to ensure that LTG’s finance function is well organised, reliable and transparent – not only effectively managing accounting, taxation, cost control and other responsibilities, but also actively supporting data-driven decision-making and the successful delivery of new business initiatives and projects,' said Arūnas Rumskas.

LTG Group is the largest railway group in the Baltic states, operating in three main areas: freight and passenger transport by rail, and the management, maintenance and development of public railway infrastructure. Its core subsidiaries are LTG Infra, LTG Cargo, LTG Link, and Geležinkelių tiesimo centras.