AB “Ignitis grupė” announced that Alfonso Faubel has been elected as the new Chair of its Supervisory Board. The decision was made on 31 October 2025, following the recent election of new members to the board.
Faubel brings 36 years of experience in the energy, digitalisation, and automotive sectors. He has held executive roles at Siemens Gamesa and Alstom/GE, where he helped launch businesses in 16 new markets. Faubel previously served as Chair of Ignitis Group’s Supervisory Board during the last term.
“I am truly honored to be elected as the Chair of the Supervisory Board of Ignitis Group for a new term. This decision demonstrates the Supervisory Board’s trust and consistency in continuing the work that has been started in previous years. The Group is on the right track in creating a 100% green and secure energy ecosystem in Lithuania, and the Supervisory Board, with its new members, is ready to continue to be a reliable partner in supporting to achieve these ambitious goals”, said Faubel.
The newly formed Supervisory Board consists of nine members: six independent members and three civil servants. On 24 October 2025, Ignitis Group announced that shareholders had approved a resolution appointing new board members for a four-year term.
In addition to electing its chair, the Supervisory Board established three committees: Audit and Risk Committee, Nomination and Remuneration Committee, and Sustainability Committee. Each committee will serve for four years with at least three members.
Judith Buss (Committee Chair), Sian Lloyd Rees, Ingrida Muckutė, and Alfonso Faubel were appointed to the Audit and Risk Committee. Lorraine Wrafter (Committee Chair), Jutta Dissen, and Aušra Vičkačkienė will serve on the Nomination and Remuneration Committee. Tim Brooks (Committee Chair), Lina Liubauskaitė, and Jutta Dissen were named to the Sustainability Committee.
