Following the approval of their candidacies by  the Bank of Lithuania, the digital bank for small and medium-sized enterprises (SMEs), SME Bank, has appointed two new members to its Management Board, effective April 1, 2026: Asta Lygnugarytė and Paulius Žabinskas. This step will strengthen the bank’s strategic management and help implement modern technologies more efficiently, ensuring fast, high-quality services for businesses while maintaining strict regulatory compliance.

“Our goal is to ensure that SME Bank grows on a firm digital and legal foundation. By strengthening the board with top-level professionals, we ensure not only business expansion but also operational security and compliance with the highest banking standards,” says Audrius Milukas, Chairman of the Management Board at SME Bank.

Asta Lygnugarytė, currently serving as Chief Legal Officer at SME Bank, will be responsible on the board for overseeing corporate and business law issues, compliance assurance, human resources management, and the formation of personnel management policies.

“Digital banking requires a balance between innovation and legal regulation. Joining the board will allow us to integrate legal strategy even more closely into SME Bank’s business processes, ensuring transparent and sustainable expansion for the bank’s clients,” says Ms. Lygnugarytė.

She brings over twenty years of legal experience to the board, including more than 14 years at one of Lithuania’s largest banks, SEB Bank. Her expertise will help the bank navigate the complex European Union financial regulatory environment as it expands its activities both in Lithuania and other EU countries.

Paulius Žabinskas’ competence will be essential in developing SME Bank’s business operations and utilizing modern banking technologies and data analytics. Mr. Žabinskas joins the board after more than six years at one of Europe’s FinTech leaders, Revolut Bank, where he led internal audit. His previous experience at Deloitte and SEB Bank will help integrate the most advanced technological practices into SME Bank’s processes, ensuring sustainable growth.

“Modern businesses expect seamless and fast banking services; therefore, our priority is modernity and data-based solutions. By using modern technologies, we aim to enable SMEs to open accounts and receive financing quickly when it is needed most. My task is to ensure that this speed is achieved by automating processes while ensuring compliance with strict regulatory requirements,” notes Paulius Žabinskas.