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New members of the Management Board of Polska Grupa Zbrojeniowa S.A.


The Supervisory Board of PGZ S.A. decided to appoint Michała Kuczmierowski and Paweł Pelc as members of the Management Board of the company.

As a result of the qualification procedure announced on February 14, 2018, the Supervisory Board selected the best candidates and, in accordance with the company's articles of association, sent the Minister of National Defense a motion to express his opinion on them. Minister Mariusz Błaszczak positively evaluated the submitted candidatures and, consequently, on March 21, 2018, Michał Kuczmierowski and Paweł Pelc became members of the Management Board of PGZ S.A.

Michał Kuczmierowski is a graduate of the Cardinal Stefan Wyszyński University in Warsaw and IESE Business School in Barcelona. He has over 18 years of business and consulting experience. In 2015-2018 he worked at PKO Bank Polski, including as the Director of Marketing and Communication. Previously he worked at Bank Zachodni WBK (Grupa Santander), where he held, among others, the function of the director of the Santander Universidades program. He conducted consulting activities in the scope of implementation and management projects, marketing and image-related activities, communication strategy and information management. He participated in the implementation of business and restructuring projects. He worked for companies from the financial, new technologies, automotive and heavy industry sectors.

Paweł Pelc is a legal advisor with extensive experience in banking, on the financial and capital market as well as public administration. He graduated from law studies at the University of Warsaw and post-graduate studies in management in public administration. He worked at the University of Warsaw and at Polski Bank Rozwoju S.A. From 2003 until 2005 he was the Deputy Director of the Financial Policy Office at the City Hall of the Capital City of Warsaw. In the years 2007-2010 he was an adviser to the President of the National Bank of Poland and the Director of the Internal Audit Office at the NBP. He worked in the area of financial and capital market supervision, including as the Vice President of the Pension Fund Authority (1998-2002), Deputy Chairman of the Securities and Exchange Commission, Deputy Chairman of the Insurance and Pension Funds Supervisory Commission (2005-2006) and the Managing Director in the Office of the Polish Financial Supervision Authority. He also ran the office of a legal advisor.

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