Deputy Treasury Minister resigns to run for WSE CEO
09:19
Deputy Treasury Minister Paweł Tamborski has resigned from his post and will run for the position of chief executive of the Warsaw Stock Exchange, the Ministry of State Treasury said in a statement on Friday.
The Prime Minister has already accepted Tamborski’s resignation, which came into force as of June 5, the statement said.
“Paweł Tamborski is a renowned capital market expert,” Treasury Minister Włodzimierz Karpiński was quoted as saying. “I am pleased that a person with such high standing among market participants had agreed to take on the challenge of managing the largest stock exchange in our part of Europe.”
The WSE is currently headed by Adam Maciejewski, who took over from his predecessor in early 2013 after being a deputy CEO of the bourse. His term ends in mid 2014.
The CEO of the bourse will be chosen by its shareholder meeting. The Treasury holds a 35-percent equity stake in the stock exchange, however with 51.74-percent voting power.