Deputy Treasury Minister likely to become CEO of PGE

Treasury Minister Dawid Jackiewicz said on Tuesday that his deputy, Henryk Baranowski is seen as an "absolutely serious candidate" for the post of CEO of state-owned power group PGE, Treasury Minister Dawid Jackiewicz. "PGE is a group facing obvious [management] changes, but this will happen only in the new year, in January," Jackiewicz said. "The name which appears on the market, i.e. Henryk Baranowski is an absolutely serious candidacy," he added. On Tuesday, Polish daily Puls Biznesu said that the current CEO of PGE will lose his job and will replaced by Baranowski, who worked for ten years at power grid operator PSE and as a director at Alstom Power Polska since 2013.