November 23, 2018 / 12:56 PM / 20 days ago

UPDATE 1-Poland appoints new boss for financial regulator KNF

(Adds background, reaction)

WARSAW, Nov 23 (Reuters) - Poland appointed a new boss at financial regulator KNF on Friday after its former head was accused of corruption by a bank owner and resigned.

Law professor Jacek Jastrzebski will head the KNF, the prime minister’s office said. He is former deputy head of the legal department at PKO BP, Poland’s biggest bank.

Anti-corruption investigators have searched the offices of the KNF, whose former boss Marek Chrzanowski has denied allegations of wrongdoing.

Getin Noble Bank owner Leszek Czarnecki has accused Chrzanowski of improperly suggesting the KNF could support Getin provided it hire a lawyer he recommended.

“Strong and independent supervision is an important element of building economic safety and trust in the financial sector,” Prime Minister Mateusz Morawiecki was quoted as saying by government spokeswoman Joanna Kopcinska on Friday.

Valdis Dombrovskis, European Commission vice-president for the euro and social dialogue, was quoted by the Poland’s PAP news agency: “The accusations are very serious. ... It is important to conduct the investigation fast and effectively in order to limit damage to the reputation of the financial sector and financial supervision.”

Shares in Getin Noble were down 5.0 percent at 1249 GMT.

Reporting by Marcin Goclowski; editing by Mark Potter and Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below