Authorities

Tomasz Bardziłowski graduated with a Bachelor’s degree in Finance and Banking from the Warsaw School of Economics and earned a Master’s degree in International Finance from the University of Amsterdam. He completed his doctoral studies at Kozminski University, the Advanced Management Program at IESE Business School, and the Program for Leadership Development at Harvard Business School. He also studied at Staffordshire University Business School in the UK and at Wirtschaftsuniversität in Vienna.

He started his professional career in 1997 at ABN AMRO brokerage house in Warsaw; from 1998 to 2003 he worked at Credit Suisse First Boston as a Polish market analyst. Between 2003 and 2005, he was Head of Institutional Sales at DM BZ WBK (now Santander), and between 2005 and 2006, President of the Management Board of CAIB Securities. Between 2006 and 2010, he was Head of Emerging Europe Equity Research and Head of CEE Equities at UniCredit CAIB. From 2010 to 2012, he was Managing Director and Head of the Polish branch of Credit Suisse Securities. From 2012 to 2018, he was Management Board Member and Head of the Public Market Department of Vestor Dom Maklerski (formerly DI Investors). From February 2019, he was Managing Director in the Capital Markets Department and Advisor to the Management Board at IPOPEMA Securities. From 2014 to 2016, he was a capital markets expert at the Civil Development Forum Foundation (FOR).

Tomasz Bardziłowski won multiple awards as the best analyst for the CEE market, among others in the Institutional Investors ranking. He was recognised as “Analyst of the Year” in the Parkiet newspaper’s poll in 2005 and as the best stock market strategist in the same poll in 2006. He is a stockbroker (licence number 2110) and holds the title of Chartered Financial Analyst (CFA), which he obtained in 2000.

Sławomir Panasiuk has graduated from the Faculty of Cybernetics at the Military University of Technology, where he completed the MA (Master of Engineering) and postgraduate programme. He has completed a PhD programme in economic sciences, majoring in management science, at the Warsaw School of Economics; the Advanced Management Program at the IESE Business School; and a number of training programmes in project management, IT management (ITIL certificate), implementation and development of information technologies, and financial markets.

From 2006 to 2024 he was a Member of the Management Board and from 2009 Vice President of the Management Board of Krajowy Depozyt Papierów Wartościowych S.A. (KDPW, Central Securities Depository of Poland), and from 2011 to 2024 Vice President of the Management Board of the clearing house KDPW_CCP S.A. At the KDPW Group, he supervised the implementation of a number of projects improving the quality and expanding the scope of post-trade services, bringing the Polish financial market in line with competition and international standards. His key achievements in this respect include: the implementation of the depository-clearing system kdpw_stream; the European authorisation of the clearing house KDPW_CCP; the launch of the OTC derivatives clearing service; the launch and registration with ESMA (European Securities and Markets Authority) of a trade repository; the launch and international authorisation of the LEI allocation service; and the launch of work on the implementation of blockchain technology. He represented KDPW on the Euro Cyber Resilience Board for pan-European Financial Infrastructures (2018-2024), the CSD Steering Group and the CSD Contact Group (CCG) in the European Target2Securities project run by the European Central Bank (2010-2012). He was a Member of the CCP Global Executive Committee from 2017 to 2024 and represented KDPW_CCP in the ISDA CCP Committee from 2016 to 2024.

From 2019 to 2024 he was a Member of the Capital Market Benchmarks Oversight Committee and from 2018 to 2024 a Member of the Interest Rate Benchmarks Oversight Committee at GPW Benchmark S.A. From 2013 to 2017 he was Secretary to and then Chairperson of the WIBID and WIBOR Reference Rates Board at ACI Poland.

He served as a Member of the Supervisory Board of BondSpot S.A. (2012-2013), IRGiT S.A. (2009-2010), and Centrum Giełdowe S.A. (2006-2024).

Sławomir Panasiuk has won many awards for his achievements in the development and implementation of IT systems, including in 2009 the title of CIO of the Year in a ranking published by International Data Group Poland and the magazine CIO Magazyn Dyrektorów IT, in 2017 the title of CIO of 15 Years awarded by the members of the CIO Club organised by CIO Magazyn Dyrektorów IT, and together with KDPW the title of 2008 IT Leader in the Finance and Banking category in a ranking published by the Computerworld weekly.

Michał Kobza holds an MBA in Digital Transformation from the Business School of the Warsaw University of Technology. In 2017, he completed the International Institute for Securities Market Growth programme in Washington DC. Prior to that, he studied IT management at the Warsaw University of Technology from 2016 to 2017. He is also a graduate of the Poznań University of Economics, where he earned a master’s degree in capital investment and corporate finance.

Expert with over 15 years of experience in capital market infrastructure, sales, business development, financial product and strategic project management. He has worked for many years with international investment banks, brokers, proprietary traders, custodians, software vendors and telecommunication service providers for capital market entities.

From September 2022, served as a Development Expert at WAMID (Saudi Tadawul Advanced Solutions Company) in Riyadh, Saudi Arabia. He was responsible for identifying and developing new business opportunities for the Tadawul exchange in the MENA region.

From 2008 to 2022, he was affiliated with the Warsaw Stock Exchange, where he started as Specialist. Between 2015 and 2022, he was Director and Deputy Director of the GPW Market Development Department. He managed a team responsible for attracting new exchange members, developing price incentive programmes and introducing new asset classes. He initiated the launch of the Analytical Coverage Support Programme and was involved in many projects implementing new systems and services. Early in his career, from 2007 to 2008, he worked as a hedge fund accountant at PFPC International (PNC Financial Services Group) in Dublin, Ireland. He served as a member of the Supervisory Board of Infoengine S.A. and GPW Benchmark.

Dominika Niewiadomska-Siniecka – General Counsel CEE, Managing Director and Management Board Member responsible for Legal, Regulatory, Compliance, Corporate Communications, and Restructuring. A lawyer and executive with over 24 years of experience in the TMT, fintech, and banking industries.

As General Counsel of P4 Sp. z o.o., the operator of PLAY, she played a pivotal role in the company's growth and value creation, ultimately leading to its debut on the Warsaw Stock Exchange. She was instrumental in the establishment of Aion Bank, the first fully digital bank operating on Google Cloud, headquartered in Belgium, and co-developed digital services at the technology company Vodeno. As a Management Board Member, she participated in the sale of UPC by Liberty Global and played a key role in the unique, large-scale European project of restructuring and selling VeloBank S.A. She began her career in international law firms.

She holds a law degree from the University of Warsaw and the University of Regensburg, as well as an Advanced Management Program diploma from IESE Business School and a Management Program diploma from ICAN Institute. She is a licensed legal advisor (radca prawny) registered with the District Chamber of Legal Advisors (OIRP).

Beyond her professional endeavors, she is actively involved in supporting women’s development through the LiderShe association. She is a lecturer in the Postgraduate Studies for Supervisory Board Members at the Warsaw University of Technology. 

She has been recognized twice on the General Counsel Power List CEE (The Legal 500) and ranked among the Top 25 Women Lawyers in Business by Forbes Women and the Women in Law Foundation. 

Experienced manager with many years of experience in financial management. Since September 2024, Member of the Management Board of the Warsaw Stock Exchange and Chief Financial Officer (CFO). Previously, CFO at the international SunRoof group, which offers innovative solar roofs.

In 2009-2021 with the Asseco Group. In 2012-2021, CFO and Member of the Management Board at Asseco South Eastern Europe S.A. responsible for the international finance team and legal and administrative functions with actively participation in investor relations. In 2009-2012, Corporate Finance Manager at Asseco Poland S.A. In this role, he oversaw the finances of the international division of the Asseco Group, participated in acquisitions, and supervised the group’s foreign assets.

Previously, he ran his own consulting business and worked as CFO and Head of Finance at real estate investment management companies. He started his professional career as an auditor with Arthur Andersen and then joined Ernst and Young Audit.

Marcin Rulnicki holds a Master’s degree in Capital Investments and Financial Strategies of Enterprises from the Poznań University of Economics and Business. He is a certified auditor.

Since 2018, Member of the Management Board responsible for marketing, PR&IR, ESG of the Murapol Group, a nationwide housing developer, a company listed on the Warsaw Stock Exchange, with the global fund Ares Management Corporation as the majority investor.

In 2009-2017, president of the management board and CEO of the National Depository for Securities and the clearing house KDPW_CCP - the main post-trading institutions on the Polish capital market.

In 2000-2009, director of information and promotion at the Warsaw Stock Exchange.

Assistant professor at the Faculty of Management at the University of Warsaw.

A graduate of the Warsaw School of Economics, where she obtained a PhD in economics.

Iwona Sroka has extensive and comprehensive business experience in management, marketing communications, capital and financial markets, and academic studies.

Moreover, she has experience in many advisory bodies, including participation as a member of the Council for the Development of the Financial Market at the Minister of Finance and the Payment System Council at the National Bank of Poland, and the Board of Directors of the European Association of Central Securities Depositories. Currently, she is a member of the Social Dialogue Council (and previously the Tripartite Commission) - as a representative of the employers' side and vice-president, and then a member of the Council of Employers of the Republic of Poland.

In 2017-2022, she was a member of the supervisory board of the Social Insurance Institution (ZUS). In 2017-2018, member of the supervisory board of the Skarbiec TFI and Skarbiec Holding investment funds.

In 2020-2021, she participated in the creation by a team of experts with the support of the Polish Institute of Directors Foundation of the Good Practices of the Audit Committee (DPKA), prepared to support the activities of audit committees and strengthen corporate supervision in listed companies.

She meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange

Paweł Homiński has nearly 30 years of experience on the capital market.

He is a licensed stockbroker (since 1994), investment advisor (since 1999), and CFA charterholder (since 2003). He started his career in 1995 at Magnus Brokerage House and later managed the Polish part of the East Capital Beteiligungen AG fund.

From 1999 to 2006, he worked at PTE DOM S.A. as the manager of the equity part of the pension fund.

In 2006 he joined the newly established Noble Funds TFI S.A. as a fund manager.

From 2012, he was a member of the company's Board of Directors and its CIO, and then its CEO from 2021 to 2022.

Since 2022, he has been running his own publishing and advisory business.

In the past, he served as a member of the supervisory board of several WSE-listed companies.

He meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange

He has 25 years of professional experience, primarily in the field of management, finance and audit.

Since September 2007, he has been a Member of the Management Board, Chief Financial Officer responsible for the areas of operations and finance, IT and risk and compliance at Erste Securities Polska S.A., and since January 2024 he has been Vice-President of the Management Board. From 1997 to 2007, he worked at Deloitte in the Audit Department, including the years 2003-2005 in the New York office of Deloitte & Touche LLP.

He has been a member of the Council of the Chamber of Brokerage Houses (IDM) since 2011 and its Chairman since June 2014. From 2011 to 2014, he worked with the Institute of Accounting and Taxation as a juror of "The Best Annual Report" competition. From 2017 to 2024, he was the Chairman of the Program Board of the 17^th-24^th edition of the Capital Market Conference organized by the Chamber of Brokerage Houses.

From 2017 to 2020, he was an Independent Member of the Exchange Supervisory Board of the Warsaw Stock Exchange, serving as Secretary of the Exchange Board and Chairman of the Audit Committee, and was also a member of the Remuneration and Nomination Committee and the Regulation and Corporate Governance Committee.

A graduate of the Warsaw University of Technology, where he graduated in 1996 from the Faculty of Technical Physics and Applied Mathematics, majoring in Information Technology.  In addition, in 1997 he obtained an MBA from the Warsaw University of Technology Business School. In 2021 he completed postgraduate studies in Business.AI: Technology, Law, Application of Artificial Intelligence at the Leon Koźmiński Academy in Warsaw

He is a member of the Association of Chartered Certified Accountants (ACCA) and a member of The Association of Independent Non-Executive Directors.

He meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange

Waldemar Markiewicz has extensive experience including advising the Ministry of the Treasury on the sale of companies, public market transactions for a number of investors and companies on capital raising, block sales and public tender offers. He was the main founder of the private, independent brokerage house ProCapital SA, which was acquired by Deutsche Bank in 1999. For nearly 20 years, he was responsible for the operations of DB Securities SA Brokerage House in the Central European markets (Warsaw, Budapest, Prague). From 2001 to 2002, he was a member of the Supervisory Board of the Warsaw Stock Exchange, and from 2022 to 2024 (until 29 February), a member of of the Supervisory Board of Noble Securities SA.

Organiser of the annual Capital Market Conference, which has become one of the most important events in Poland dedicated to the development of the capital market with the participation of leading representatives of public administration, supervisors, investors, issuers, brokerage houses and banks. Initiator of the development of the Government Strategy for the Development of the Capital Market in Poland.

Since 2012, President of the Management Board of the Chamber of Brokerage Houses. Previously he worked, among others, at the Santander Bank Brokerage House, Santander Securities SA Brokerage House, DB Securities SA Brokerage House, ProCapital SA Brokerage House.

He meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange

Dr Wiesław Rozłucki is a graduate of the Department of Foreign Trade at the Warsaw School of Economics (1970). He obtained his PhD in Economic Geography in 1977. From 1973 to 1989, he was Assistant Professor at the Polish Academy of Sciences. In 1979-1980, he studied at the London School of Economics as a British Council scholarship holder.

In 1990-1994, he was an advisor to the Minister of Finance, Director of the Capital Market Development Department at the Ministry of Ownership Transformations, and a member of the Securities Commission.

Dr W. Rozłucki was President of the Management Board of the Warsaw Stock Exchange from its establishment in 1991 for five terms until 2006, and a member of the Exchange Supervisory Board from 2013 to 2016. He was also Chairman of the Supervisory Board of the Central Securities Depository of Poland (KDPW) and a member of the governing bodies of the World Federation of Exchanges and the Federation of European Securities Exchanges.

From 2011 to 2015, he was Chairman of the Panel of the President’s Economic Award.

Dr W. Rozłucki is actively involved in the corporate governance movement in Poland. He is co-founder and President of the Management Board of the Polish Institute of Directors. He is also a member of the supervisory boards of companies listed on GPW: IMS SA and XTPL SA, as well as two unlisted companies: Bank BPH and CardifPolska.

In the previous several years, he was a member of the supervisory boards of companies including TVN, Orange Polska, PKN Orlen, Polimex-Mostostal, Wasko, MCI.

Currently he is a Senior Adviser at Rothschild & Co.

In 2011, he was awarded by the President of Poland with the Commander’s Cross with Star of the Order of Polonia Restituta.

In 2024, he received an honorary doctorate degree from the Warsaw School of Economics.

He meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange

She has been involved in the Polish capital market for more than 13 years. In 2013, she assumed the position of President of the Chamber of Polisf Pension Funds, and from 2019. also President of the Chamber of Fund and Asset Management. She is a member of the Financial Market Development Council at the Ministry of Finance. She is also a member of a number of advisory bodies and Programme Boards related to the functioning of the financial market, including, among others, the European Financial Congress. Over the past few years, she has also been a member of the KDPW CCP Risk Committee and member of the Supervisory Committee on Reference Interest Rate at GPW Benchmark.

She is a lawyer and also completed postgraduate studies in insurance at the Warsaw School of Economics. She started her professional career in 2002 at the Social Insurance Institution. In the following years, she cooperated with the Institute of Labour and Social Affairs and the European Commission as an expert on the labour market and insurance law. From 2005 to 2007, she was associated with Ghent University, where she participated in the Training and Reporting on European Social Security programme. From 2007 to 2012, she worked at Polish Confederation of Private Employers Lewiatan as Director of the Department of Social Dialogue and Labour Relations. In Conferderaion Lewiatan she also coordinated the Labour Market Council.

She meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange.

Graduate of the Faculty of Law and Administration at the University of Warsaw (summa cum laudae), IESE Business School University of Navarra - Advanced Management Program and Postgraduate Studies in Law and Capital Market Economics at the Warsaw School of Economics.

Legal Advisor registered in the list of Legal Advisors kept by the District Chamber of Legal Advisors in Warsaw. Performs her profession in the form of individual business activity.

She started her professional activity in the Group of Companies of the Mint of Poland performing corporate governance tasks over subsidiaries and providing corporate services to the bodies of the Mint of Poland and its subsidiaries. From 2006 to 2007, she served as a Legal Specialist, and then, from 2007 to 2010, as Head of the Legal Department. From 2010 to 2018, she was Director of the Legal Department of the Mint of Poland S.A. From 2016 to 2022, she managed legal services for the Netia S.A. Group. From March 2008 to April 2009 and from December 2009 to April 2013, she served as Secretary of the Supervisory Board of Centrum Nowoczesnych Technologii S.A., based in Sosnowiec (formerly Energopol Południe S.A.). Since March 2008, she has served as Secretary, and since June 2018. Chairwoman of the Supervisory Board of NEWAG S.A. From 2013 to 2020, she served as a Member of the Supervisory Board of Fundusz Inwestycji Polskich Towarzystwo Funduszy Inwestycyjnych S.A., based in Warsaw. From 2007- 2022, she served as Chairwoman of the Supervisory Board of CD Projekt S.A., additionally from 2017-2022 she served as a Member of the Audit Committee of the Supervisory Board of CD Projekt S.A.. From 2015-2022, she served as Chairman of the Supervisory Board and Member of the Audit Committee of SOHO Development S.A.

Current roles: Chairperson of the Supervisory Board of Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A., based in Warsaw, Vice-Chairperson of the Supervisory Board of CD Projekt S.A., based in Warsaw, Chairperson of the Supervisory Board of NEWAG S.A., based in Nowy Sącz, President of the Management Board of Altus Agent Transferowy Sp. z o.o.

She meets the independence criteria referred to in § 14(1) of the Articles of Association of the Warsaw Stock Exchange