KDPW President dismissed

The supervisory board of the Central Securities Depository (KDPW) dismissed its President Iwona Sroka, the company announced without providing a reason for the dismissal. Board’s President Paweł Górecki has been appointed as the acting president. Sroka has been running KDPW since 2009. The Central Securities Depository of Poland is a state-owned Polish central securities depository responsible for the management and supervision of the depository-settlement system as it relates to the trading of financial instruments in Poland. It holds securities in uncertificated (dematerialized) form.