KNF Approves Paweł Ostrowski As President of the Management Board of TGE
• The Polish Financial Supervision Authority (KNF) at its meeting on 13 December 2016 approved the change on the Management Board of the Towarowa Giełda Energii (TGE) through the appointment of Paweł Ostrowski as a President of the Management Board.
• The change on the TGE Management Board took effect upon the delivery of the KNF decision to the Company that took place the following day, 14 December.
The Extraordinary General Meeting of TGE had appointed Paweł Ostrowski a President of the Management Board on 28 November this year.
Paweł Ostrowski has over 15 years of experience in the capital market. He has worked with financial institutions including PKO Bank Polski S.A., Societe Generale, Deutsche Bank Polska S.A., BNP Paribas Polska S.A. From 2007, he was Head of Sales in the Treasury Department of PKO BP Bank Polski S.A. He specialises in sales of Treasury products and commodity risk and interest rate risk hedging instruments. He has participated in projects implementing MiFID II and in the merger with Nordea Bank Polska S.A.
Paweł Ostrowski holds an MA from the Warsaw School of Economics, where he also earned his PhD for a thesis on “The applications of derivatives in corporate FX risk management.”
Press release (pdf)