Authorities

INFORMATION ON THE COMPOSITION OF THE BANK'S MANAGEMENT BOARD AND SUPERVISORY BOARD

Management Board

Management Board

Wizerunek Adama Marciniaka
President of the Management Board
Adam Marciniak
Zarząd Banku - Paulina Strugała
Member of the Management Board in charge of Risk Management
Paulina Strugała
Zarząd Banku - Przemysław Koch
Member of the Management Board in charge of Operations and IT
Przemysław Koch
Zarząd Banku - Tomasz Kubiak
Member of the Management Board in charge of Finance
Tomasz Kubiak
Zarząd Banku - Adrian Adamowicz
Member of the Management Board in charge of Retail
Adrian Adamowicz
Zarząd Banku - Paweł Pach
Member of the Management Board in charge of Business Banking
Paweł Pach

Supervisory Board of the Bank

Jakub Papierski, Chairman of the Supervisory Board

Jakub Papierski, Chairman of the Supervisory Board

Jakub Papierski, banker, manager and consultant with 30 years of professional experience in domestic and foreign financial institutions. During his career has been involved in numerous stock exchange debuts of the largest Polish issuers incl. the largest credit and capital markets transactions on the Polish market. Graduate of the Warsaw School of Economics and charterholder of CFA designation. Awarded also with Lesław Paga Fundation Award.

In 2010-2021, he was deputy CEO of PKO Bank Polski, where he supervised the Corporate and Investment Banking Area, Treasury and financing of the Bank on financial markets, the Brokerage House and the Bank's own capital transactions. Member of the Credit Committee and the Asset and Liability Management Committee. He also chaired the Supervisory Boards of PKO Asset Management, PKO Pension Fund Management, PKO Leasing, PKO Bank Hipoteczny and Kredobank in Ukraine. 

In 2011-19, he served as director at the supervisory board of the Marguerite, European infrastructure development fund, a joint project of the European Investment Bank, PKO Bank Polski and 4 government development banks from Germany (KfW), Italy (CDP), Spain (ICO) and France (CDC).

During his professional career he also worked for Creditanstalt Investment Bank and Deutsche Morgan Grenfell/Deutsche Bank Research, dealing with the banking sector in Central and Eastern Europe. In the years 2001-2003, he served as CFO/Executive Director of the Financial Division at Bank Pekao (Unicredit). Served as CEO of Allianz Bank, CDM Securities, the largest broker and non-bank distributor of mutual funds in Poland and as Vice-Chairman of the Supervisory Board of Pioneer Pekao Asset Management.

Sarah Clark, Member of the Supervisory Board

Sarah Clark, Member of the Supervisory Board

Sarah brings extensive executive experience in a variety of industries including financial services, FinTech, e‑commerce, travel and retail, across Europe, the USA, the Middle East, and Africa. Sarah was General Manager of Europe at Clearco, a SoftBank backed revenue-based finance business.  Previously, Sarah was General Manager for Central & Eastern Europe, Middle East & Africa at PayPal, the world’s largest on-line payments provider. She has also held a variety of commercial positions with Barclays Bank, the Virgin Group, Sainsbury’s and British Airways. She is currently also Non-Executive Director and Chair of the Investment Committee at Mobeus Income & Growth VCT, which is listed on the LSE.  Sarah has a BA from McGill University, an MSc from the London School of Economics and an MBA from Harvard Business School.

Lidia Jabłonowska-Luba, Member of the Supervisory Board

Lidia Jabłonowska-Luba, Member of the Supervisory Board

More than 30 years experience in financial institutions. Leading a change in departments, divisions and entire organizations in Poland and Internationally. Focus on corporate culture, people / teams development and understanding engagement dynamics.

She held the position of Vice-President of the Management Board of mBank S.A. as CRO, the Senior General Director of the KBC Group in Brussels, the Vice President of the Management Board of Credit Bank and the Advisor to the President of the Warta S.A. and TUnŻ Warta S.A. as CFRO, Member of the Management Board od CitiHandlowy as CFO.

Also former VicePresident of Schroder Salomon Smith Barney Poland, as well as Manager in Price Waterhouse.

A graduate of the Institute of Mathematics at the University of Gdańsk. Also graduate of Vlerick Management School (2012), London Business School (2013), IESE- Advanced Management Program (2018/2019), IESE / Harvard Business School - Value Creation through Effective Boards (2021) and Cambridge University - Business Sustainability Management (2022).

She was implementing Lean Management tools (including Agile, Scrum, Dual Organization) in service industries. Active mentor of young women in the beginning of their carrier (co-founder of Busola Project) as well as very experience managers and board members.

Roberto Nicastro, Member of the Supervisory Board

Roberto Nicastro, Member of the Supervisory Board

Banker and Fintech Investor, senior advisor for Cerberus Capital, and Chairman of AideXa, a challenger bank project aiming to serve small businesses. Previously he was the Chairman of the "Good Banks" on behalf of Bank of Italy and was the Group General Manager of Unicredit; in the past, he worked with McKinsey & Co and Salomon Brothers. He is also involved in charitable activities and postgraduate education advisory. 

Currently, he serves as the advisor for Europe for Cerberus Capital, he is non-executive chairman of Officine CST (an Italian company controlled by Cerberus) and is active in the Fintech and startups space, where together with his wife owns or has held minority stakes in a number of companies, including DoveVivo, Yapily, Deus Technology, Talent Garden, Bandyer, Work Invoice, Mia Platform. 

He serves in the advisory board of Confartigianato and in the board of Fondazione Archè, a charity based in Milano and in the Comitato Amici di Claudio Dematté in Trento. He served in the advisory board of SDA Bocconi School of Management, Milan, and in the International Advisory Board of Bologna Business School and of The Johns Hopkins University SAIS Bologna Center.

Paweł Borys, Member of the Supervisory Board

Paweł Borys, Member of the Supervisory Board

Paweł Borys is a manager and economist with 25 years of experience in managing domestic and international entities. He has extensive corporate expertise, specializing in investments, strategy development, financial services, and new technologies. He has managed large teams and complex projects involving the creation and implementation of strategies, as well as the acquisition of companies and financial institutions. He has served on the supervisory boards of companies in Poland and abroad. He maintains broad relationships with international investors and financial institutions.

Currently, Paweł Borys is Managing Partner at MCI Capital, the largest mid-market buyout fund in the field of new technologies in Central and Eastern Europe. He was previously President of the Management Board of the Polish Development Fund and Chairman of the Supervisory Board of BGK. Earlier, he worked as Managing

Director at PKO Bank Polski, where he was responsible, among other things, for the strategy of Poland’s largest financial group. He also gained experience as President of the Management Board of AKJ Investment TFI and as Chief Investment Officer at Deutsche Bank Polska Group. For many years, he served as Chairman of the Council of the Polish Economic Institute.

Will Newton, Member of the Supervisory Board

Will Newton, Member of the Supervisory Board

A senior executive with 37 years’ experience in credit risk, corporate recovery, portfolio management, commercial banking and financial advisory working across the UK, Western Europe, CEE, Middle East and Asia.  He is currently an independent consultant specialising in credit & risk advisory, and a non-executive Director and Chair of the Risk Committee of Novobanco SA, the significant Portuguese Bank.

He was formerly a senior Partner at Deloitte where he headed strategic advisory for the Global Portfolio Lead Advisory business, was Head of Restructuring Services for financial institutions, Global Lead for AQR services and a member of the UK firm’s leadership team for its Centre for Credit Excellence and Banking Union Centre in Frankfurt.  He led the regulatory interaction with ECB, EBA and the European Commission for the EMEA member firms on all NPL and leveraged finance issues.

Prior to joining Deloitte, he was Head of Corporate & Institutional Risk for BAWAG PSK, the significant Austrian Bank.  Prior to this he led the Corporate Recovery function for EBRD responsible for all problem debt, equity and client-focused litigation across the bank’s 29 operating countries of CEE, Russia and the former CIS, and the Balkans.  He spent 6 years working across Asia for Big 4 and other firms advising financial institutions on portfolio and risk management issues.  This followed 4 years as a senior advisor to the insolvency and debt recovery department of a major, state-owned Polish bank.  His career started in the UK with NatWest Bank where he spent 9 years in corporate banking, major corporate workout and leveraged finance.