Kazimieras Tonkūnas

Position Chairman of the Board at Norway Registers Development AS

Membership in professional associations

  • Member of ISACA Tanzania Chapter

Countries / regions of work experience

Lithuania, Latvia, Estonia, Norway, Moldova, Georgia, Belarus, Tanzania, Uganda, Burundi, Rwanda, Bangladesh

Areas of expertise

  • Business Development Strategy
  • International Development and Cooperation
  • Services Portfolio Strategy
  • Science Entrepreneurship and Management
  • Mergers and Acquisitions

Mr Tonkūnas is one of the founders of Positor (now - INVL Technology, a NASDAQ Baltic listed ICT investment fund that NRD Companies is a part of). Since July 2016, he is the Managing Partner of INVL Technology at INVL Asset Management.

Mr Tonkūnas is also the Chairman of the Board at Norway Registers Development AS, and he has held this position since the acquisition of the company by INVL Technology (then BAIP group). He is responsible for company’s business development and services portfolio composition strategy as well as international development and cooperation among countries in Northern Europe, Sub-Saharan Africa and Asia.

He is also the Chairman of the Board at NRD Cyber Security and BAIP UAB, Board Member at Acena as well as Supervisory Council Member at Andmevara AS.

In order to grow the value and geographic reach of Norway Registers Development AS, Mr Tonkūnas initiated the acquisition of 360 Smart Consulting (now – NRD East Africa based in Tanzania) as well as establishment of NRD Rwanda and NRD Bangladesh. He also led a program for supporting and investing in young East African enterprises and he is one of the authors and creators of NRD Companies cybersecurity capacity building platform - annual Cyber Defence East Africa conference.

Furthermore, Mr Tonkūnas is responsible for initiating the focus area of “Securing the digital environment” at NRD Companies, facilitated by NRD Cyber Security. Cyber security is a core component for ensuring trust in governance and economic digital infrastructure, and consequently – in sustainable development.

In addition, in 2015 Mr Tonkūnas initiated the acquisition of Fintech company ETRONIKA that supplements NRD Companies service offering with financial technology and e-identity platforms.

Kazimieras Tonkūnas has graduated from Vilnius University’s Economics Faculty where he gained the specialty of Economics’ Systematic Analysis (Economic Cybernetics) and the degree in Economics – Mathematics. Since then he has accumulated over 25 years of experience in executive positions in IT, security and technology sectors.