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Paweł Tamborski Is Appointed President Of WSE Management Board

Date 26/06/2014

  • On 26 June 2014, the General Meeting of Warsaw Stock Exchange has appointed Mr Paweł Tamborski as the President of the WSE Management Board
  • On request of a shareholder, the General Meeting has been adjourned until 15 July 2014

Following the end of term of the current Exchange Management Board, on 26 June 2014, the General Meeting of WSE has adopted a resolution appointing the President of the Exchange Management Board for a new term of office. Mr Paweł Tamborski was appointed as the President of the WSE Management Board. The resolution passed by a majority of votes on request of the State Treasury, a shareholder representing 35.00 percent of the share capital. The decision will take effect subject to the consent of the Polish Financial Supervision Authority (KNF) for the change on the Exchange Management Board and subject to Mr Paweł Tamborski’s receipt of the consent of the Committee for the Review of Requests for Consent for Employment of Persons Who Performed Public Functions appointed by the Prime Minister.

On request of the State Treasury, the General Meeting has been adjourned until 15 July 2014.

The current Exchange Management Board will manage the Company until the new Management Board has been formed.

Paweł Tamborski

From 2012 as Under-Secretary of State at the Ministry of Treasury, he was responsible for privatisation processes, including those conducted on the public capital market. He coordinated cooperation with advisory firms, global investment banks and investors. He was responsible for the promotion of Poland’s financial and capital markets to international investors. His responsibilities included the oversight and supervision of a number of companies, including those in the financial sector, in which the State Treasury is a significant shareholder. He coordinated the development and implementation of the dividend policy of the Treasury.

From 2010 to 2012 at Wood & Co, an independent investment bank focused on Central and Eastern Europe, Paweł Tamborski fulfilled the role of Head of Investment Banking.

Previously, from 1994 at Unicredit Group (at the time CAIB, part of Creditanstalt Bankverein AG). Before that at Bank Staropolski SA, where he started his career in the capital markets as a securities broker and helped to establish one of the first brokerage operations in Poland, after which he joined the brokerage arm of Wielkopolski Bank Kredytowy S.A. (now Bank Zachodni WBK SA).

At Unicredit CAIB, he was in charge of the investment banking team in Warsaw (Head of Investment Banking and Member of the Executive Board of Unicredit CAIB Poland). From 2008 he was co-head of the London Equity Capital Markets team responsible for Central and Eastern Europe (ECM CEE). 

During his career at Unicredit Group, Paweł Tamborski was responsible for advising many of the largest domestic and international corporates, entrepreneurs and investors on a wide variety of public and non-public market transactions. These included issuance of equities, bonds, and convertible bonds, as well as mergers and acquisitions, and privatisation transactions.