Vilius Šapoka


Vilius Šapoka is the current Minister of Finance in the Republic of Lithuania and Governor of the European Investment Bank for the Republic of Lithuania.

Education

Šapoka obtained the degree of Master of Economics in Banking at Vilnius University and has an International Executive MBA from the Baltic Management Institute.

Career

Šapoka started his professional career at the Lithuanian Savings Bank in 1999. From 2006 to 2012 he worked at the Lithuanian Securities Commission, first as Commissioner, then Vice-Chairman, and finally Chairman. Šapoka was employed at the Lithuanian Ministry of Finance from 2002 to 2006 in the Market Policy Department.
From 2012 to 2016 Šapoka was Financial Services and Markets Department Director at the Bank of Lithuania.
Šapoka has served as Minister of Finance of the Republic of Lithuania since 13 December 2016.

Political positions

At the beginning of his term, Šapoka announced that the government's goal was to raise tax revenues to 40 percent of gross domestic product within five years from 30 percent, to help improve education and healthcare.

Other activities