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The Warsaw Voice » Society » March 15, 2017
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WSE CEO Rafal Antczak steps down before assuming office
March 15, 2017   
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Warsaw Stock Exchange operator GPW saw its to-be CEO Rafal Antczak step down before assuming the office granted to him in early January, GPW said in a market filing.

Antczak cited personal reasons for his resignation, the filing reads.

Antczak, conditionally appointed to the CEO post on January 4, 2017, upon a motion from the State Treasury, the WSE's key shareholder, had previously been a management board member at Deloitte Consulting.

He was to replace Malgorzata Zaleska, who had held the post for just one year. The appointment was still pending for lack of green light from the financial market regulator KNF.

On Tuesday KNF approved the dismissal of Zaleska and cleared Jacek Fotek to become deputy CEO of GPW, KNF said.

GWP will have an acting CEO yet on Wednesday, most likely the supervisory board chair Wojciech Nagel, the dailies Parkiet and Dziennik Gazeta Prawna write citing own findings.

In the end, however, the seat will go to someone else.

The list of potential candidates includes Polish Development Fund (PFR) management board member Grzegorz Zawada, PKO BP bank deputy CEO Jakub Papierski, rate setter Eryk Lon, deputy Development Minister Witold Slowik, BOS bank CEO Stanislaw Kluza and brokerage chamber IDM president Waldemar Markiewicz, according to Parkiet.

Zawada and Papierski arouse the most enthusiasm in the industry, but Zawada won't be allowed to leave PFR, according to market talk.

The post will be given to somebody from outside the list, a person familiar with the matter told Dziennik Gazeta Prawna.
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