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In the spotlight: Cezary Mech

In the aftermath of the elections, Mech emerged as the most likely candidate for the post of Finance Minister, but he only became a Deputy Minister in the department. Nevertheless, his position seemed strong as Mech was one of the strongest opponents of the Pekao-BPH merger and he was mentioned as the likely head of the new super-regulator, the Financial Supervision Office (UNF).

These last weeks have not been easy for Mech. He didn't manage to block the merger between Pekao and BPH and his opposition to the deal resulted in him being excluded from the Banking Supervision Commission's discussion on the merger, which many saw as a humiliation.

Furthermore, two weeks ago Mech was dismissed from his post as Deputy Finance Minister after his supervisor Zyta Gilowska claimed they couldn't work together. There are also rumors that Mech might not be named to head the UNF.

There is some light at the end of the tunnel. Last week Rzeczpospolita daily speculated that Mech might be the next head of the Warsaw Stock Exchange. The current president of the bourse, Wiesław Rozłucki, has decided not to run for the position again after his term of office ends this year. Rozłucki has held the post since the bourse's inception in 1991.

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