Piotr Kajczuk

Director of Financial Department at Warsaw Stock Exchange (GPW)
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Warsaw, Mazowieckie, Poland, PL

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Credentials

  • Diploma of submission with a positive result of the examination for candidates for members of supervisory bodies
    Prime Minister
    Oct, 2018
    - Sep, 2024
  • Securities Broker licence
    Komisja Nadzoru FInansowego
    Nov, 1999
    - Sep, 2024

Experience

    • Financial Services
    • 100 - 200 Employee
    • Director of Financial Department
      • Jul 2006 - Present

      Responsibilities:− accounting and preparation of financial statements,− taxes,− controlling,− financial liquidity and investment of free cash,− current and periodic reporting of the GPW as a public company andobligations of the person deciding on confidentiality according to MAR− sitting on the supervisory boards of GPW subsidiaries: TGE (2019-present,Vice-Chairman of the Supervisory Board and Chairman of the AuditCommittee), IRGiT (2016-2018), GPW Benchmark (2015-2018), Polish RatingAgency (from 2014-2018 and 2020 - now , twice seconded from theSupervisory Board to act as a member of the management board)Achievements:− privatisation and public offering of the Warsaw Stock Exchange (offeringvalue: PLN 1.2 billion, completed with oversubscription),− three issues of GPW bonds (two public and one private, with the total valueof the offers: PLN 490 million, completed with oversubscription),− purchase of subsidiaries: TGE (PLN 245 million), BondSpot (PLN 36 million),− purchase (PLN 25 million) and sale (PLN 60 million) of Aquis ExchangeLimited shares,− negotiations related to the merger with a group of exchanges centeredaround the Vienna Stock Exchange (CEESEG),− handling the process of adjusting VAT for TGE services (PLN 69 million),− developing a concept and integrating financial and accounting serviceswithin the GPW Group and supporting the integration process in other areas.

    • Specialist and Senior Specialist in the Team of the Strategic Planning
      • Feb 2002 - Jun 2006

      Responsibilities:− privatisation of the GPW (participation in the development of theprivatisation concept as well as coordination and supervision of the projectwithin the organisation),− searching for a strategic investor (analysis of potential partners,recommendation of alliances, project supervision),− updating the GPW strategy (supervising and reporting on the process ofimplementing strategic initiatives),− industry and competition analysis,− evaluation and valuation of GPW investment objectives,− recommending and conducting transactions related to the purchase ofshares for the GPW strategic portfolio (Deutsche Boerse, Euronext, LondonStock Exchange),− preparation of analyses at the request of the GPW management board(investment fund fees against the GPW fees, the impact of changing thePolish SEC fee system on the GPW's finances, outsourcing in financialinstitutions, internalisation of exchange trading, financial analysis of theGPW and selected European exchanges)

    • Poland
    • Financial Services
    • 1 - 100 Employee
    • Chairman of The Audit Committee of The Supervisory Board
      • Nov 2018 - Nov 2021

    • Chairman Of The Supervisory Board
      • 2014 - Nov 2021

    • Poland
    • Financial Services
    • 1 - 100 Employee
    • Member Of The Supervisory Board
      • 2016 - 2018

    • Poland
    • Financial Services
    • 1 - 100 Employee
    • Member Of The Supervisory Board
      • 2015 - 2018

    • Broker, securities analyst
      • Apr 2000 - Oct 2001

      Responsibilities:valuation and analysis of companies from the telecommunications, information and media industries

    • Broker assistant, then broker
      • Jan 1999 - Mar 2000

      Responsibilities:servicing foreign and institutional clients, since 2000 - recommending broker, handling transactions with shares, bonds on the interbank market, futures contracts (positioning, calculating margins, transaction execution)

    • Customer service inspector
      • Aug 1997 - Jan 1999

Education

  • Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
    Executive Master of Business Administration - EMBA
    2021 - 2022
  • ICAN Institute
    Leadership Development Program
    2015 - 2015
  • Securities and Exchange Commission in Washington
    International Institiute for Securities Development Capital Markets
    2004 - 2004
  • Uniwersytet Gdański
    Magister (Mgr), Ekonomia
    1992 - 1997
  • Uniwersytet Ekonomiczny w Poznaniu
    Studia podyplomowe, Bankowość
    -

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