Polish vice-minister of treasury quits with eye on post of WSE president

By bne IntelliNews June 9, 2014

PM Donald Tusk has accepted the resignation of vice-minister of treasury Pawel Tamborski in connection with the latter's decision to bid for the post of president of the Warsaw Stock Exchange (WSE).

Minister of treasury Wlodzimierz Karpinski hailed the decision underlying Tamborski's experience and authority on the capital markets. WSE's AGM is due to pick the new president on Jun 26.

Tamborski was vice-minister of economy since January of 2012. Earlier, he was, among others, investment banking head at Wood & Company (2010-2012) and managing director at UniCredit CAIB Securities in London (2008-2010).

Current WSE president Adam Maciejewski also declared his willingness to bid for the post again.

The state treasury still holds 35.00% of shares in WSE, translating into 51.74% of voting power.

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