Mindaugas Glodas appointed to lead NRD Companies

In January 2019, Mr Mindaugas Glodas will become the new managing director at Norway Registers Development AS and NRD Companies – a global information technology and consulting group of companies, controlled by INVL Technology. He will take over from Mr Rimantas Žylius who served in this position since 2014. Mr Rimantas Žylius will become a member of the Board at Norway Registers Development AS.  

On 26 November 2018, Mindaugas Glodas is coming on-board as the managing director at Norway Registers Development AS Lithuanian branch, and in January 2019 he will take over the management of Norwegian company Norway Registers Development AS and NRD Companies. He will also be appointed to the Management Boards of the subsidiary companies.

„We are grateful to Rimantas for his contribution to the growth of NRD Companies. As a Member of the Board he will continue to influence the strategic direction of the company”, said the Managing Partner of INVL Technology Mr Kazimieras Tonkūnas, commenting on the changes in the managed company.

„Working at NRD Companies was very intense and interesting. Together with the team we have implemented high-impact digital transformation projects in public sector organisations in various countries in Africa and Asia. By cooperating with Norwegian and Lithuanian public sector institutions we were able to offer both great technology and the know-how of reform implementation. Therefore, when executing projects, we don’t just develop modern information systems – we also increase the capacity of the organisations, involve stakeholders and communities, and ensure viability of the reforms. Our clients value this approach and identify this as NRD companies’ competitive advantage”, said Mr Rimantas Žylius.

According to Mr Žylius, he decided to step away from everyday management of the company because he wants to spend more time on his personal projects. „I believe that solid background and experience of the new managing director will help NRD Companies to continue strengthening its positions in strategic regions as well as to further expand the group’s project geography. During the remaining time, we will ensure a smooth transition”.

The new managing director of NRD Companies, commenting on his appointment, said that apart from national registries development and their digital transformation, tax administration systems modernisation and financial technologies he will additionally focus on development of products that will contribute to business environment improvement by modernising financial post services, microcrediting, and revenue collection automation.

„NRD Companies is a world leading organisation in the field of business and property registries’ digital transformation, with projects implemented in over fifty countries worldwide.  Over the last seven years, the organisation has grown into a global group of companies and expanded its expertise in the field of FinTech. It has a unique know-how in SubSaharan Africa, South and Southeast Asia, and is well-known as a contractor of the World Bank, the United Nations and other supranational institutions. Therefore, I am joining an experienced and dynamic team of professionals. We will work together to help our clients to become more modern and innovative, the countries – more competitive, and to turn NRD Companies into a bridge that connects Europe, Africa and Asia”, commented Mindaugas Glodas.   
Mindaugas Glodas is an experienced executive with over 20 years’ experience in ICT sector. Previously, Mr Glodas worked as the Head ofSales at IBM Lithuania, later led Microsoft subsidiary in Lithuania and the Baltics, and was responsible for Microsoft Healthcare Solutions business in Central and Eastern Europe. In 2013, he cofounded an early stage venture capital firm and incubator Nextury Ventures. He is also a founding partner of GDPR consulting company Privacy Partners anda guest lecturer at International School of Management ISM on Executive MBA Program. Furthermore, Mr Glodas currently serves as an independent board member of Telia Lietuva – the largest fixed and mobile operator in the Balticsand is the President of the Board of the Knowledge Economy Forum.He is also a former board member of Kaunas Technical University, Lithuanian Energy Company ESCO and Association Infobalt, the American Chamber of Commerce in Lithuania and Lithuanian Business Confederation. Mr Glodas is a graduate of Vilnius University, Faculty of Economics, has completed his MBA at University of Antwerp and attended an INSEAD Leadership Development program.
 
About NRD Companies
NRD Companies is a global information technology and consulting group of companies specialized in governance and economic digital infrastructure development.

NRD Companies encompass Norway Registers Development AS, Norway Registers Development AS Lithuanian branch, NRD Systems, NRD East Africa, NRD Rwanda, NRD Bangladesh, Etronika and Infobank Uganda.

NRD Companies are controlled by INVL Technology – Nasdaq Vilnius listed closed-end investment in IT Businesses Company. INVL Technology managed companies operate as a cluster and implement joint projects in more than 50 countries worldwide.

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