Murapol changes CEO before IPO

Michał Sapota resigned from the position of CEO of Murapol. His term will end on December 31, and he will be appointed to the company’s supervisory board afterward. Nikodem Iskra, the current Deputy CEO will step in his place. According to the company, the changes are an initial step in the preparation process for the IPO process, aimed at listing Murapol shares on the Warsaw Stock Exchange. Murapol is an investment holding company operating in three segments - property development, advisory, executive and investment. Back in June, Murapol acquired 32.99 percent stake in the investment firm Skarbiec Holding for PLN 75.2 million, becoming its largest shareholder.