Baltic Institute of Corporate Governance Chairman, Arminta Saladžienė awarded with the YALE Rising Star 2011

Baltic Institute of Corporate Governance (Institute) is proud to announce that our chairman, Arminta Saladžienė, has been awarded the distinction of “Rising Star of Corporate Governance for 2011” by The Millstein Center for Corporate Governance and Performance at the Yale School of Management.

This award recognizes young global corporate governance professionals who are making their mark as outstanding analysts, experts, activists, or managers. Selections were based on criteria such as past accomplishments and thought leadership, future projects and endeavors, reputation among existing industry leaders, and potential to influence the industry in the future.

Corporate governance has become a very important issue in the Baltic countries. The Institute has been very active in advancing the corporate governance agenda in the Baltic region and seeking to improve the understanding of good corporate governance and the value of adhering to established international principles. The Institute leads education program for professional board members, develops and maintains corporate governance guidelines

not only for the Baltic private companies but also to the government-owned enterprises. Mrs. Saladžienė is a co-founder of the Institute and its first Chairman, she is as well the Chairman of the Management board of NASDAQ OMX Vilnius.

Mrs. Saladžienė is among a group of 10 awardees, which include professionals from all parts of the world). The honorees were all nominated by a member of the governance community and have been honored during a reception at the Yale Governance Forum. June 2011.

For more information about the Rising Starts of Corporate Governance 2011 award, pleases visit http://millstein.som.yale.edu./RisingStar.shtml

About The Millstein Center for Corporate Governance and Performance at the Yale School of Management:

The Millstein Center for Corporate Governance and Performance at the Yale School of Management is a leading global resource for testing, challenging and advancing the premise that corporations should and can serve society. The Center focuses on the inter-relationship of management, the board of directors, shareholders, and stakeholders in creating long-term corporate shareholder value in today’s complex and competitive economy, while at the same time meeting the heightened expectations of society. The Center pursues its mission by convening events; sponsoring empirical research; generating policy briefings; building market capacity by developing training, databases and institutions; and teaching and student interaction.

For more information about the Millstein Center, please visit: http://millstein.som.yale.edu.

About the Baltic Institute of Corporate Governance:

Baltic Institute of Corporate Governance is a non profit, non governmental initiative with strong involvement from the Baltic business and political leaders. Baltic Institute of Corporate Governance is leading the way in Baltic Corporate Governance by helping to create better governed public and private companies. BICG is a regional affiliate of the Global Corporate Governance Forum, The Forum is a multi-donor trust fund facility located within IFC, co-founded in 1999 by the World Bank and the Organisation for Economic Co-operation and Development (OECD). In March 2011 United States Secretary of State, Hillary Clinton made a video address to the first ever

Annual General Meeting of the Institute. In May 2011 the Global Corporate Governance Forum published a lessons learned about the BICG initiative.

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