RB Rail’s Management Board is comprised of four members – Chairperson of the Management Board, Chief Financial Officer, Chief Operating Officer, and Chief Technical Officer, who jointly represent the joint venture. Management Board members are elected for a term of three years.
Baiba A. Rubesa
CEO and Chairperson of the Management Board
Baiba A. Rubesa is an experienced international manager in a range of business areas: oil and gas, retail, automotive and telecommunications. She has lived and worked in Canada, Germany, Czechoslovakia, Latvia, Lithuania, Estonia, Azerbaijan, Georgia, Turkmenistan and Norway.
Since October 2015 Rubesa is Chairperson of the Management Board and CEO of RB Rail AS – a joint venture founded by Estonia, Latvia and Lithuania to implement the most significant railway infrastructure project in the region: Rail Baltica. The project is estimated at an investment of 5 billion euros, to be completed in the Baltic countries by 2025. In January 2017 she was appointed a Supervisory Board member to Latvia’s largest company, Latvenergo. Prior to that she worked as a consultant and new business developer in her own company, RFactor SIA, and served as a Supervisory Board member for a Latvian bank working in the Baltic region, Citadeles banka. She has also driven a business agenda as the global Vice President, Corporate Social Responsibility for Statoil ASA, Government and Public Affairs & HSE director for Statoil in the Caspian region, Managing Director for Latvija Statoil SIA and Marketing Director, Statoil Baltic States.
Rubesa has served as a Supervisory Board member for DNB NORD banka, Chaired the Foreign Investors Council in Latvia, been a Vice President of the Latvian Chamber of Commerce in Latvia. Currently she serves on the Supervisory Board of the think tank “Providus” and in the foundation Kokneses Fonds to support the development of the Memorial Site “Likteņdārzs”. Rubesa was educated in Toronto, Canada at York University and Shaw colleges.
Chief Operating Officer and Member of the Management Board
Kaspars Rokens is an experienced manager in power distribution and generation, retail, building automation and industrial applications’ business. Since 1994 he has served in multinational technical trading companies as sales teams’ and organizations’ manager.
For the last 5 years, he has been Country Manager for Latvia and President and CEO for the Baltic Countries at Schneider Electric. The main customers have been contracting companies, which have taken part in construction of the National Library of Latvia, “Great Amber” concert hall in Liepaja, IX Corridor electrification of railways in Lithuania, Estonian National Museum in Tartu and many more. As of December 2015, Kaspars Rokens is also a board member at the Latvian Association of Power Engineers and Energy Constructors, LEEA.
On April 24, 2017, Rokens was appointed to the Management Board of RB Rail AS and assumed the position of Chief Operating Officer of the joint venture. He holds a master’s degree in thermal engineering from Riga Technical University and an executive MBA degree from Stockholm School of Economics in Riga (SSE Riga).
Chief Financial Officer and Member of the Management Board
Ignas Degutis is an economics professional with a vast experience in financial management, including feasibility studies, financing schemes and contract negotiations for projects of national strategic importance to the state economics.
Degutis led the Economics division at Klaipedos Nafta AB and oversaw the financing scheme of the LNG terminal development project in Klaipeda that involved funding from credit facilities, gas sector regulatory environment and EU grants. His professional record also includes transaction and risk advisory services at Ernst & Young as well as other positions in telecommunications and insurance sectors.
In 2015 Degutis joined the largest state owned energy company in Lithuania, Lietuvos Energija UAB, in order to plan, develop and implement financing schemes of the combined heat and power plants in Vilnius and Kaunas. Since January 2016, Mr. Degutis has been serving as Chief Financial Officer for Vilniaus kogeneracinė jėgainė UAB, part of the Lietuvos energija group, with a focus on the implementation of the Waste-to-energy CHP and Biomass CHP project in Vilnius.
Degutis joined RB Rail AS as Chief Financial Officer and was appointed as Member of the Management Board on April 24, 2017. He holds a bachelor’s degree and a master’s degree in financial economics from ISM University of Management and Economics in Vilnius, Lithuania.