New President of PKN ORLEN
Polski Koncern Naftowy ORLEN SA (“PKN ORLEN”), Central Europe’s largest downstream oil company, hereby announces that today the Supervisory Board of PKN ORLEN unanimously has appointed Mr Igor Adam Chalupec to the position of President & CEO of the Management Board with effect from 1 October 2004.
The appointment was made according to procedures earlier agreed by the Supervisory Board. Before the appointment decision was made, the Supervisory Board had individual conversations with all the candidates who had qualified for inclusion on the short list.
Mr Igor Adam Chalupec was born on May 29, 1966. He graduated from Warsaw School of Economics, Faculty of Foreign Trade. He is also a graduate of Warsaw University, Faculty of Law and Administration.
Work experience:
Mr Chalupiec now holds the position of Undersecretary of State, General Inspector of Financial Information in the Ministry of Finance
2000 - 2003 – Vice President of Bank Polska Kasa Opieki S.A. (Bank Pekao S.A.),
1995 - 2000 – Member of the Management Board of Bank Pekao S.A.,
Other posts held by Mr Chalupec in Bank Pekao SA:
· Chairman of the Risk Committee (1997-2003)
· Member of the Assets and Liabilities Management Committee (1995-2003)
1991 - 1995 – Director of Central Broker House, Bank Pekao S.A
1990 – Consultant, Proexim Sp. z o.o., economic consultancy company
1989 - 1990 – Consultant , Polexpert Sp. z o.o., consulting company
Training:
1990 – management training in Milan at Wloski Instytut Handlu Zagranicznego (ICE),
1991 – training for bank managers at Kellogg Business School in Chicago.
1991 – Licensed stock broker (licence number: 45)
1993 – Training on futures and options at Refco & Inc in Chicago
1996 - Training on bank finance and privatization reform at International Law Institute in Washington
Other posts held by Mr Chalupiec:
since 1998 – Member of the Supervision Regulations Committee by ZBP
1993 - 1995 - Member (1993 - 1994) and chairman (1994 - 1995) of the Administration of Broker Houses
Interests:
literature, movies, politics, tennis, bridge.
Languages:
fluent English, good German and Russian.
