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WSE head steps down

PR dla Zagranicy
Roberto Galea 04.12.2015 11:46
The chief executive of the Warsaw Stock Exchange (WSE) has resigned from his post, saying he does not want to be dragged into “political games”.
Paweł Tamborski. Photo: PAP/Leszek SzymańskiPaweł Tamborski. Photo: PAP/Leszek Szymański

In a statement issued on Thursday, Paweł Tamborski wrote “The Exchange and capital markets require stability and consistency. Polish companies should have straightforward access to capital, to support their development and strengthen the Polish economy.”

“I would not like the Warsaw bourse to be involved in political games,” read the Polish-language version of the statement displayed on the WSE’s website, but the translation of this sentence was omitted from the English-language version.

Tamborski was earlier a deputy Treasury Minister between 2012 and 2014 under the former liberal Civic-Platform-led government.

He came under investigation in October following reports that he had colluded with late millionaire Jan Kulczyk on business deals during Tamborski’s term at the ministry.

The Warsaw Stock Exchange is the largest bourse in Central and Eastern Europe. The State Treasury is a majority stake holder, owning 51 percent.

Tamborski will hold on to his position in 31 December. No successor has yet been named. (rg/rk)

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