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New head for Polish financial watchdog

PR dla Zagranicy
Grzegorz Siwicki 23.11.2018 12:50
Civil law expert Jacek Jastrzębski will take over as the new head of Poland’s financial regulator, officials announced on Friday.
Prime Minister Mateusz Morawiecki (left) appoints Jacek Jastrzębski (right) as the new head of Poland’s financial watchdog on Friday. Photo: Krystian Maj/KPRMPrime Minister Mateusz Morawiecki (left) appoints Jacek Jastrzębski (right) as the new head of Poland’s financial watchdog on Friday. Photo: Krystian Maj/KPRM

Jastrzębski replaces Marek Chrzanowski, who tendered his resignation as head of the Financial Supervision Authority (KNF) last week amid claims that he attempted to solicit a bribe from a business tycoon earlier this year.

Jastrzębski, aged 38, has up to now been an associate professor at the University of Warsaw’s Faculty of Law and Administration. He also worked as deputy general counsel for Poland’s state-run bank PKO BP.

His CV includes postgraduate studies at the University of California Berkeley School of Law.

Capital and insurance market expert Marcin Pachucki was on November 15 appointed as acting head of the Financial Supervision Authority pending the appointment of a successor to Chrzanowski.

According to a report in the Gazeta Wyborcza daily, Leszek Czarnecki, one of Poland’s richest men, has alleged that Chrzanowski in March offered him favorable treatment in return for millions in financial gain.

Chrzanowski has denied corruption, saying the allegations were part of a scheme to discredit him.

The Polish financial system is safe and stable, the country’s finance minister declared on Monday.

(gs/pk)

Source: IAR

tags: knf
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