Four members of National Bank of Poland board removed from their posts

The past few days have seen the dismissal of half of the board of the National Bank of Poland. Among the four central bank board members to be removed from their posts is deputy governor Ryszard Kokoszczynski. The bank refused to comment on the management changes, since according to reports it prefers to wait until an announcement can be made of who the governor has appointed as new members. Leading economist Andrzej S. Bratkowski is being tipped to become the new deputy governor of the bank. According to unofficial sources quoted by Rzeczpospolita, the personnel changes are the result of the policy of governor Leszek Balcerowicz, who is believed to be unhappy with the passive performance of some members during management board meetings. (Rzeczpospolita, pp. A1, B1) M.T.