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Generic business image for news article Image: Drone in Warsaw/adobe.stock.com

24 May 2021
Poland
Reporter Maddie Saghir

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KDPW elects management board for new term

The supervisory board of KDPW, the polish central securities depository, has named the management board for a new term of office.

Current management board members Maciej Trybuchowski, president; Pawe? Górecki, vice-president; S?awomir Panasiuk, vice president; and Micha? St?pniewski, vice president, have all been re-elected.

KDPW says the re-election is a sign of confidence in the management board which pursues the company’s growth strategy with determination, professionally manages the company’s business, and addresses evolving trends and the financial market’s environment.

The polish CSD holds a group of companies that offer specialised services for the financial sector, including a depository of non-certificated financial instruments, and records of financial instruments.

Services also include clearing and settlement of transactions on multiple trading venues, processing of entitlements paid to holders of securities, data collection and retention.

KDPW is responsible for the operation of a central securities depository and provides a range of services to issuers, and the processing of subscription rights.

The KDPW Group consists of Krajowy Depozyt Papierów Warto?ciowych and the CCP clearing house KDPW_CCP.

To hear about KDPW’s thoughts on the Shareholder Rights Directive II go to page 20 of Asset Servicing Times’ Regulatory handbook.

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