On 6 March 2025, the Saeima of Latvia announced the re-election of Māris Kālis and Zita Zariņa for a second term as Members of the Council of Latvijas Banka. Under this decision, Māris Kālis’ term will extend until 12 March 2030, while Zita Zariņa’s tenure will conclude on 14 April 2030.
Māris Kālis, is re-appointed as Deputy Governor, and will oversee financial stability, macroprudential supervision, financial investment management, market operations, financial planning, control systems, and human resource management. Zita Zariņa is responsible for cash and non-cash payments, the development of payment infrastructure, and the implementation of the digital euro project. She will also supervise innovation, data and statistics, audit, and information technologies.
Before joining Latvijas Banka, Māris Kālis worked at Arthur Andersen, an international auditing and business advisory firm and has contributed to national and international projects, close collaboration with the European Central Bank (ECB), and participation in technical assistance programmes of the International Monetary Fund (IMF). He has also engaged in academic roles, lecturing at the Faculty of Business, Management and Economics of the University of Latvia and contributing to the Latvian Association of Certified Auditors.
Zita Zariņa, prior to her appointment at Latvijas Banka in 2020, was a Member of the Council of the State Audit Office, where she also served as Director of the Audit and Methodology Department. Before this, she held senior roles at the Central Finance and Contracting Agency (CFCA), focusing on programme management, monitoring, and financial strategy. Her earlier career included positions at the European Commission, where she worked as Financial Manager at the Directorate-General for Enlargement and Phare Project Manager at the European Commission Representation in Latvia.
