Meet the team
We are a well-balanced team with extensive experience in the fields of renewable energy, investment and risk management
CEO, Member of the Board
Povilas Pečiulis is CEO and Member of the Board of Modus Asset Management. He has over 19 years experience in financial sector with sound knowledge of investment management, corporate finance, and project management. His key duties include capital raising & investment selection, fund management and team management.
Povilas was CFO of Modus Group during group’s high growth period. Povilas also headed group’s M&A team that concluded 5 transactions totalling over EUR 135 million. Previous to that held positions in EY business advisory service line and Swedbank. Most of previous experience was related to renewable and traditional energy.
Povilas has degree in Economics from Vilnius University. Further executive studies in Singularity University.
Non-executive Chairman of the Board
Oleg is Non-executive Chairman of the Board at Modus Asset Management. With more than 10 years experience in executive and financial roles. Currently he is also member of the board in Modus Group. His key duties include corporate governance, relationship management with investors, financing banks and other stakeholders.
Oleg Martyniuk has led the significant growth of mobility and automotive segments, as well as acting CFO of Modus Group. Oleg held executive roles in automotive, mobility and parking business lines.
Oleg has Economics bachelor degree from ISM University of Management and Economics (2010) as well as Masters degree from St Andrews University (2013). Further executive studies include IMD and Singularity universities.
Non-executive Member of the Board
Ruslan Sklepovič is a Non-executive Board Member of Modus Asset Management. With 18 years of experience in the energy sector, Ruslan brings to Modus Asset Management his in-depth knowledge of renewable energy technologies, energy market, renewable energy project development and investment management in different geographies.
Ruslan leads Modus Energy and is a Board Member at Modus Group. Before joining Modus Group, Ruslan was an Engineer in Veolia Group and Project Manager at VST (former Lithuania electricity grid operator). During his career, he has also held the office as the President of the Association of Renewable Energy Producers of Lithuania for 3 years.
Ruslan has masters degree in Energy Management from Vilnius Gediminas Technical University (2008).
Donatas leads M&A transactions at Modus Asset Management. With over 11 years experience in transactions, valuation and modelling. He is leading fundraising and investing activities at Modus AM. Donatas’ day to day duties include deal origination and execution, team coordination and investor relationship management.
Before joining Modus Asset Management, Donatas was head of M&A at Modus Group (2 years) and financial advisory manager at Deloitte (8 years), where he was advising PE and strategic clients on major transactions.
Donatas is a CFA charterholder since 2014. He has Economics bachelor degree from ISM University of Management and Economics (2010) as well as Executive MBA at Baltic Management Institute (2017).
Olga is responsible for risk management function at Modus Asset Management. With over 14 years of experience in internal control and finance, Olga brings sound knowledge and expertise in proactive and proper real-time risk monitoring and risk management process.
Olga is the Head of the internal control at Modus Group. She is responsible for risk management, internal audit procedures and tax compliance. Prior to Modus Group, Olga was a Chief State Auditor at National Audit Office of Lithuania. She also worked as an Audit Manager at Grant Thornton and as a Senior Consultant at EY.
Olga holds master degree in MBA from Vilnius University. She is also a certified internal auditor member at Institute of Internal Auditors.
Marius has 10 years of professional experience in transactions, valuations and modelling. His day to day duties include valuation and modelling, deal origination, due diligence, commercial analysis and execution.
Previously he was M&A project manager at Modus Group (1.5 years), which he joined after working in Swedbank Investment Banking (2 years) and management consulting boutique Civitta (2 years).
Marius is Level III Candidate of the CFA Program. He is Economics graduate from the Vilnius University (2015) and Business Law post-graduate of the Mykolas Romeris University (2011).
Aldona is Lawyer at Modus Asset Management with 11 years of professional experience in various legal and regulatory projects, mainly focusing on fund compliance and corporate law matters. She provides Modus AM with day-to-day legal advice on local and international regulation, designs internal compliance programs and oversees applicable reporting requirements as well as represents Modus AM in relations with the Central Bank and other authorities.
Aldona works as a Lawyer for Modus Group for more than 6 years. Before Modus Group she also worked at ECOVIS law firm.
Aldona holds Master degree in intellectual property law from Mykolas Romeris University.
Pavel has 7 years experience in private equity with a strong expertise in M&A and project finance transactions, valuation and modelling, with a focus on energy, telecommunications and infrastructure sectors. His main responsibilities are deal origination and execution, valuation and modelling, monitoring of investments.
Previously he worked for CEE Equity Partners, an investment advisor for two funds with committed capital of over USD 1.2bn (4 years), and Zabolis Partners, Lithuania-based private equity house (2 years).
Pavel has Bachelor of Economics degree from University of Exeter. He is also Level II Candidate of the CFA Program.
Senior Investment Associate
Eimantas has over 5 years of professional experience in financial due diligence, valuations and management consulting. His key duties include fund set up, regulation and reporting, portfolio monitoring and optimisation, valuation and modelling.
Eimantas works for Modus AM for more than 2 years. Previously he worked 3 years as a consultant at PwC Transactions team and KPMG.
Eimantas is Level III Candidate of the CFA Program. He is Finance graduate from the ISM University of Management and Economics (2016).
Senior Investment Associate
Martynas has over 4 years of expertise in financial and tax due diligence, corporate finance and valuation projects. His key duties include valuation and modelling, leading day to day process of M&A transactions, performing and overseeing financial and tax due diligence.
Previously he worked as a senior consultant at Deloitte and PwC for more than 3 years.
Martynas has Bachelor of Business Management degree from ISM University of Management and Economics (2018).