WSE president, ready for an other term

The president of the Warsaw Stock Exchange (WSE) Wiesław Rozłucki, said that he would fight for reelection for another three-year term at the bourse's general meeting this Thursday. The current WSE board ends its term today. "Should I be elected for the next term, I would concentrate on two issues. First of all, I would see that the WSE enters an alliance with larger European stock exchanges," he said. Rozłucki would also try to encourage trading in Warsaw, by introducing new derivatives, including Exchange Traded Funds, lobbying for privatization sales through the WSE, and listing regional stocks. One possible contender for the job, former Pekao Bank vice-president Igor Chalupec, said that he had not received an invitation to join the WSE's management, and he refused to comment on the issue. Chalupec already serves on the bourse's board of directors. The Warsaw Bourse is controlled by the Polish government. (Parkiet, p. 1) J.K.