Bank Handlowy deputy president dismissed amid suspicion of insider trading

The supervisory board of Bank Handlowy (BH) yesterday dismissed Artur Nieradko from the post of bank deputy president. BH representatives refused to comment on the affair, but according to unofficial information quoted by Gazeta Wyborcza, Nieradko's dismissal was linked to an investigation into his activities conducted by the Securities and Stock Exchange Commission (KPWiG), which suspects him of insider trading. Nieradko has been replaced by Witold Walkowiak, who will work concurrently as the bank's financial director. (Gazeta Wyborcza, p. 26) A.Z.