Nora Dambure appointed FCMC Supervision Department Director and Board Member

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Riga, 05.06.2017

Press Release 

Nora Dambure appointed FCMC Supervision Department Director and Board Member 

On 6 June, Nora Dambure, the former Deputy Director of Supervision Department of the Financial and Capital Market Commission (FCMC), was appointed as Director of Supervision Department and Member of the Board.

FCMC Chairman Pēters Putniņš, “Nora Dambure in her past performance at the FCMC has demonstrated herself as a professional in the field, having expertise and experience in the matters of financial sector supervision gained over the years. Supervision is team work, and I believe that Dambure will be able to convincingly continue the current supervision course in line with the international best practice.” 

Nora Dambure has been working for the FCMC since its establishment, i.e. 1 July 2001. Since March 2017, she was Deputy Director of Supervision Department, but from 2011 to 2017, Head of the Monetary Financial Institutions Operations Analysis Division. 

In accordance with the provisions of the Law on the Financial and Capital Market Commission, Dambure’s candidature has been agreed with Ilamārs Rimšēvičs, Governor of the Bank of Latvia, and Dana Reizniece-Ozola, Minister of Finance.

In view of the huge experience and in-depth knowledge of financial sector supervision matters, the former director of Supervision Department and member of the Board, Jeļena Ļebedeva, will continue her work at the FCMC on strengthening one of priority and fast-developing areas of supervision in the European Union, i.e. the bank recovery and resolution. Ļebedeva will in the future be the member of the Single Resolution Board, as well as will develop and head the Resolution and Guarantee Funds Division.

Further information:

Laima Auza

Head of Communications Division 

Financial and Capital Market Commission 

Phone +371 67774860, +371 26148001



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