Supervisory Board

Duties and Responsibilities of the AST Supervisory Board:

The AST Supervisory Board represents the interests of the Shareholder between the Shareholders’ Meetings and supervises the activities of the AST Management Board, participates in the strategic development of AST, as well as in the supervision of the financial and risk management system.

The operating principles of the AST Supervisory Board, as well as its main responsibilities are set out in the Statutes and the regulations of the Supervisory Board. The tasks and responsibilities of the AST Supervisory Board are subject to the laws and regulations.

The AST Supervisory Board does not take decisions on matters falling within the competence of the AST Management Board.

To further enhance the efficiency of Latvia’s transmission system operator JSC “Augstsprieguma tīkls” (AST), its shareholder – the Ministry of Climate and Energy – 27.12.2024 has decided to further reduce the number of supervisory board members. While AST’s statutes permit a five-member supervisory board, the current four-member structure has proven effective in overseeing the management board’s activities. Starting in 2025, the supervisory board will be reduced to three members.

In addition to reducing the number of supervisory board members, and in line with good governance principles, the shareholder has decided to hold an open competition for the vacant supervisory board positions. During the competition process, Līga Rozentāle will temporarily serve on the supervisory board. To ensure the continuity of energy sector expertise and experience, as well as the effective strategic oversight of AST, Olga Bogdanova has been re-elected for a new term of office in accordance with applicable law*.

Once the amendments to the law “On the Prevention of Conflicts of Interest in Activities of Public Officials” come into force, the requirement to comply with these amendments until August 31, 2025 will be introduced, ensuring effective corporate governance of the company.

* The law “On the Prevention of Conflicts of Interest in Activities of Public Officials” (Par interešu konflikta novēršanu valsts amatpersonu darbībā").

+ Dr. oec. Olga Bogdanova - Chairperson of the Supervisory Board

Work experience
2025 — PresentAS ‘Augstsprieguma tīkls’, Chairperson of the Supervisory Board
2024 — PresentMinistry of Climate and Energy, deputy State Secretary for International and Climate Policy Affairs
2019 — 2024AS ‘Augstsprieguma tīkls’, deputy Chairman of the Supervisory Board
2016 — 2019AS ‘Augstsprieguma tīkls’, member of the Supervisory Board
2023 — 2024Ministry of Finance of the Republic of Latvia, deputy State Secretary on tax administration policy and shadow economy issues
2023 — PresentAssociation "Latvian National Committee of the World Energy Council", President
2018 — 2024Ministry of Finance of the Republic of Latvia, head of the Tax Administration and Public Interest Policy Department
2018 — 2022Participant of the Future Energy Leadership Program FEL100
2021 — 2023World Energy Council, Chairperson of the Management Team of the Future Energy Leaders Programme in Latvia
2017 — 2025Latvian Science Council, expert
2021 — PresentUniversity of Latvia, Associate Professor at Faculty of Business, Management and Economics
2016 — 2018Ministry of Economics of the Republic of Latvia, head of the Energy Market and Infrastructure Department
2016 — 2022Riga Technical University, lecturer at the International Business and Customs Institute of the Faculty of Engineering Economics and Management
2016Ministry of Economics of the Republic of Latvia, acting deputy state secretary in energy affairs
2014 — 2016Ministry of Economics of the Republic of Latvia, deputy head of the Energy Market and Infrastructure Department, head of the Energy Market Section
2013 — 2014Ministry of Economics of the Republic of Latvia, head of the Energy Market and Infrastructure Section
2010 — 2013Ministry of Economics of the Republic of Latvia, senior consultant at the EU Commodity and Service Market Section, Internal Market Department (reorganised section deputy head position, with additional deputy head duties)
2006 — 2010Ministry of Economics of the Republic of Latvia, deputy head of the EU Commodity and Service Market Section, Internal Market Department
2006Ministry of Economics of the Republic of Latvia, senior consultant at the EU Commodity and Service Market Section, Internal Market Department
2005Ministry of Economics of the Republic of Latvia, senior consultant of the Section for EU Affairs administration, Department of International Economics
2005 — 2014Riga Technical University, guest lecturer at the International Business and Customs Institute of the Faculty of Engineering Economics and Management
Education
2007 — 2012Riga Technical University, doctoral degree in Economics at the International Business and Customs Institute of the Faculty of Engineering Economics and Management
2003 — 2006Riga Technical University, master’s degree in Management Science, Management of International Economics (with honours)
2004 — 2005Pforzheim Fachhochschule, Germany, International Management Programme, advanced vocational training diploma
2003 — 2006Riga Technical University, Institute of Humanities, additional studies in Teaching Science, with a speciality in teaching engineering subjects
2000 — 2003Riga Technical University, bachelor’s degree in Management Science, Management of International Economics (with honours)

Term of office: 30.12.2029.

+ Juris Zīvarts - Deputy Chair of the Supervisory Board

Work Experience
2024 – presentMinistry of Agriculture of the Republic of Latvia, Deputy State Secretary for Strategy, Education and Food Safety
2024Ministry of Education and Science of the Republic of Latvia, Acting Director of the National Centre for Education
2024Ministry of Education and Science of the Republic of Latvia, Representative of the Holder of Capital Shares in the Latvian Olympic Unit
2024Ministry of Education and Science of the Republic of Latvia, Acting Director of the Sports Department
2014 – 2024State Education Quality Service, Director of the Supervision Department
2021 – presentApartment Owners’ Association “Saimnieknams 6”, Member of the Management Board
2011 – presentRīga Stradiņš University, Lecturer, Head of Continuing Education Area
Education
2011 – presentRīga Stradiņš University, Doctoral Degree Candidate (Law)
2008 – 2009Turība University, Professional Master’s Degree in Law
2004 – 2008Baltic International Academy, Professional Bachelor’s Degree in Law

Term of office: from January 1, 2026 until the day when candidates for work on the Supervisory Board of JSC "Augstsprieguma tīkls" have been nominated in accordance with the procedures of Articles 31 and 108 of the Law on the Management of Capital Shares of Public Persons and Capital Companies and a decision has been made on the election of these candidates to the Supervisory Board of JSC "Augstsprieguma tīkls",  but no longer than permitted by regulatory enactments.