Vilius Šapoka (born 14 December 1978) is a former Minister of Finance in 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 served as Minister of Finance of Lithuania from 13 December 2016 to 7 December 2020.

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 (GDP) within five years from 30 percent, to help improve education and healthcare.Marc Jones (April 12, 2017), Lithuania to push military spending above NATO target Reuters.

Other activities European Bank for Reconstruction and Development (EBRD), Ex-Officio Member of the Board of GovernorsBoard of Governors European Bank for Reconstruction and Development (EBRD). European Stability Mechanism (ESM), Member of the Board of Governors (since 2016)Board of Governors: Vilius Šapoka European Stability Mechanism. International Monetary Fund (IMF), Ex-Officio Alternate Member of the Board of GovernorsMembers International Monetary Fund (IMF). Multilateral Investment Guarantee Agency (MIGA), World Bank Group, Ex-Officio Member of the Board of GovernorsBoard of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group. Nordic Investment Bank (NIB), Ex-Officio Member of the Board of Governors (since 2016)Board of Governors Nordic Investment Bank (NIB). World Bank, Ex-Officio Member of the Board of GovernorsBoard of Governors World Bank.

References