"The board meeting is not yet finished, but two chairmen have already been elected, namely, Kukliansky and Baker," the fund's director Simas Levinas told BNS.
The two chairmen will head regular meetings of the fund. Levinas' candidacy for director's post will be considered later.
In his words, Thursday's meeting drafted documents that are necessary to enable Jews who have suffered from totalitarian regimes to receive compensations. The documents will envisage criteria, procedures, and information channels. The Lithuanian prime minister's chancellor Deividas Matulionis was also present at the meeting.
Government compensations to Lithuanian Jews who survived the Holocaust should be paid out by the end of this year.
The Lithuanian Jewish Community said compensation would be paid to about 1,000 people of Jewish nationality who lived in Lithuania during World War II and survived Soviet and Nazi regimes.
Pursuant to the Law on Good Will Compensation for the Real Estate of Jewish Religious Communities adopted by Lithuania's parliament last year, 128 million litas (EUR 36.5m) will have to be transferred to the fund over a decade. Some 3 million litas are allocated for the purpose in this year's budget.
The compensation makes around 30 percent of the value of property owned by Jewish communities and nationalized or expropriated in any other way by Nazi and Soviet regimes.
More than 90 percent of Lithuania's pre-war Jewish community of about 200,000 were annihilated by the Nazis and their local collaborators during World War II. Around 5,000 Jewish people live in Lithuania, according to the Jewish community.