The Warsaw Stock Exchange (GPW) has passed a resolution naming Małgorzata Zaleska as the newest President of its Management Board, whose appointment is tendered with immediate effect, following the approval of the Exchange Management Board by the Polish Financial Supervision Authority (KNF), according to a GPW statement.
Ms. Zaleska currently is the acting Director of the Institute of Banking, Warsaw School of Economics as well as the Chairperson of the Committee of Finance Sciences of the Polish Academy of Sciences – she also holds a number of academic achievements.
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Prior to the appointment as the President of the GPW, Ms. Zaleska also served as a member of the Economic and Financial Committee at the Council of the EU dating back to 2009. Additional roles also include Chair of the Study Group European Forum of Deposit Insurers, President of the Bank Guarantee Fund, Member of the Banking Supervision Commission, and Member of the Supervisory Board of the Warsaw Stock Exchange, among others.
This is the first news at the exchange since December, when its Chief Executive Officer (CEO), Pawel Tamborski, announced his resignation from the group. The move happened just over a month after the parliamentary election in the country was won by nationalist conservative party Law and Justice.
Mr. Tamborski explained in a statement that he was not interested in compromising his political views and has joined a number of chief executives in key institutions across Poland. The new government had been actively replacing executives across many government-controlled entities and is relying on a heavily interventionist policy.