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Slawomir Skrzypek as the new NBP governor


2007-01-15

Slawomir Skrzypek was appointed by the Sejm to serve as the governor of the National Bank of Poland (NBP). In a vote on his nomination in the lower house of the Polish parliament, 239 MPs voted in favour, 202 against and one deputy waived his right to vote.
Mr Skrzypek replaces Leszek Balcerowicz, who presided over the institution from 2001 to 2006. In the parliamentary vote, the nomination was supported by parties comprising the governing coalition, while opposition deputies voted against appointing Mr Skrzypek.
Prior to the vote in the Sejm, Mr Skrzypek presented his views on the functioning and activities of the central bank to the Sejm Public Finance Committee. He stated that he had no intention of undermining the independence of the central bank and assured that, if appointed, he would work to foster the value of the Polish currency. At the same time, he did not come out in favour of any extreme form of monetary policy.
The candidacy of Mr Skrzypek for the governorship was submitted by President Kaczynski at the top of January, after Jan Sulmicki decided to withdraw his nomination from the post.
Since the end of September 2006, Mr Skrzypek has been the acting president of the management board of the largest Polish bank, PKO BP. Earlier, he had been employed with the Supreme Chamber of Control (NIK), and had served as the deputy president of the National Fund for Environmental Protection and Water Management (NFOSiGW). He has been on the management boards of an investment fund and of the Polish national railways (PKP). In the period of 2002-2005, he served as deputy to the mayor of Warsaw.


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