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Warsaw Stock Exchange Paweł Tamborski Elected To Ukraine’s State-Owned Enterprises Reform Council

Date 15/06/2015

Paweł Tamborski, President of the Management Board of the Warsaw Stock Exchange, has been elected to Ukraine’s State-owned Enterprises Reform Council which is responsible for issuing opinions and providing advisory to the Ministry of Economic Development and Trade on the reform of State-owned enterprises.

“I am honoured to be elected to Ukraine’s State-owned Enterprises Reform Council, which will play a role in implementing market reforms in the country. Compared to other markets in the region of Central and Eastern Europe, Poland has more than 25 years of experience in transparent privatisation of State-owned enterprises. The biggest Polish enterprises have been privatised on the Warsaw Stock Exchange, attracting the interest of large global investors. We are glad that other countries, which are undergoing ownership transition, can now draw upon our experience of economic transition, privatisation and development of the capital market. GPW together with representatives of international financial institutions including the EBRD and the World Bank will actively participate in the work of the Council,” said Paweł Tamborski, President of the Management Board of GPW.

The newly elected Council is responsible for overseeing the reform of Ukrainian State-owned enterprises, providing strategic advisory and promoting economic transition in Ukraine and in the world.

The Council is comprised of public administration and ownership transition experts, representatives of international financial institutions, as well as capital market and the private sector experts. The Council members include: Mikheil Saakashvili – former President of Georgia, Chairman of the Council, Mark Iwashko – co-founder of Horizon Capital, Franсis Malige – Managing Director for Eastern Europe and the Caucasus for the EBRD, Qimiao Fan – World Bank Country Director for Ukraine, Belarus and Moldova, Taras Lukachuk – President, Asia & Pacific, Eastern Europe, Middle East and Africa, Mondelez Ukraina, and Vitaly Sych – Editor-in-Chief of “Novoe Vremya”.