Sławomir Skrzypek

Sławomir Skrzypek
World Economic Forum in Turkey
President of the National Bank of Poland[1]
In office
10 January 2007  10 April 2010
Preceded by Leszek Balcerowicz
Succeeded by Marek Belka
Personal details
Born May 10, 1963
Katowice, Poland
Died April 10, 2010 (aged 46)
Smolensk, Russia
Sławomir Skrzypek tomb in Powązki (2011)

Sławomir Stanisław Skrzypek (10 May 1963 – 10 April 2010) was the President of the National Bank of Poland (NBP) from 2007 until his death in 2010. He died in the 2010 Polish Air Force Tu-154 crash, when a plane transporting a number of Polish notables, including the President of Poland Lech Kaczynski, crashed en route to a ceremony commemorating the 70th anniversary of the Katyń massacre.[2][3] Analysts have said that Skrzypek's death is unlikely to change the path of monetary policy in Poland.[4]

Born in Katowice, Skrzypek graduated from the Silesian University of Technology before taking an MBA from the University of Wisconsin-La Crosse, further post-graduate degrees at Cracow University of Economics, the University of Silesia, Georgetown University and at IESE Business School at the University of Navarra.[5] It was on 10 January 2007 that Skrzypek was appointed to the role of President of the NBP, with a vote of 239 Sejm deputies in favor, 202 against and one abstaining. He replaced Leszek Balcerowicz. His choice by President Kaczynski was controversial; opposition parties and others criticised his comparative lack of experience.[6]

Prior to this position, he had been acting President of the managing board of PKO BP, Poland's largest bank. He had also held positions in the Supreme Chamber of Control (NIK), serving as Deputy President of the National Fund for Environmental Protection and Water Management and working at Polish State Railways (PKP). He acted as a deputy to the Mayor of Warsaw between 2002 and 2005,[7] responsible, inter alia, for "financial policy, investment projects and corporate governance".[5] From May 2000 to June 2001, he was a member of a group of advisors at one division of PZU, a Polish insurance company.[5]

Piotr Wiesiolek was named as Skrzypek's acting successor, though Skrzypek's sudden death on the 10 April 2010 may still cause short term problems for the bank; permanent Presidents of the Bank are usually nominated by Presidents of Poland, but Lech Kaczynski also died in the crash.[4] After Skrzypek's death, the Wall Street Journal reported how the management committee of the central bank had recently "come into open conflict with six members of the Council [of Ministers] after a council majority voted to change the rules dictating how the bank's net profit was calculated".[4]

On 16 April 2010, Skrzypek was posthumously awarded the Commander's Cross with Star of the Order of Polonia Restituta.

References

  1. Or Governor; the term President is used by the Bank itself in the English section of its website.
  2. "Prezydenckim Tu-154 leciały najważniejsze osoby w państwie". wiadomosci.gazeta.pl (in Polish). Retrieved 2010-04-10.
  3. "Polish President Lech Kaczynski dies in plane crash". BBC News. 2010-04-10. Retrieved 2010-04-10.
  4. 4.0 4.1 4.2 Halaba, Malgorzata; Kruk, Marynia (2010-04-10). "Skrzypek Death to Test Polish Central Bank". Wall Street Journal. Retrieved 2010-04-10.
  5. 5.0 5.1 5.2 "National Bank of Poland - Internet Information Service". National Bank of Poland. 2007-01-10. Retrieved 2010-04-10.
  6. "Gronkiewicz-Waltz dla WP: Skrzypek nie ma kompetencji - Banki - WP.PL" (in Polish). Banki. 2007-01-29. Retrieved 2010-04-10.
  7. "Slawomir Skrzypek as the new NBP governor". PMR. Retrieved 2010-04-10.
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Political offices
Preceded by
Leszek Balcerowicz
President of the National Bank of Poland
2007–2010
Succeeded by
Marek Belka