Appointment of the Management Board of BRE Bank SA for a new term

Current Report No. 37/2013The Management Board of BRE Bank SA announces that on 11 April 2013, the Supervisory Board of BRE Bank SA appointed the Management Board for a joint five-year term, composed as follows:Cezary Stypuł|kowski - President of the Management Board, Chief Executive Officer Cezary Stypuł|kowski holds a PhD in law from the University of Warsaw. In late 1980s he received a Fullbright scholarship and studied in a Business School at the University of Columbia in New York. For thirteen years he headed Bank Handlowy S.A. In 2003, he was appointed to the position of president of the management board of PZU Group, from which he was dismissed in 2006. For three years, along with his associates, he effectively managed PZU Group and tripled its net result and valuation. From 2006 to 2010 he worked for J.P. Morgan in London where since 2007 he acted as Managing Director of the investment bank J.P. Morgan for Central and Eastern Europe. Cezary Stypuł|kowski was also a member of the Deutsche Bank International Advisory Board, INSEAD International Advisory Board, and Geneva Association. Since 2012 he has been the co-chairman of the Emerging Markets Advisory Council of the Institute of International Finance in Washington.Mr Stypuł|kowski has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.To the best knowledge of the Management Board of the Bank, Mr Stypuł|kowski is not involved in any business competitive with the Bank.------------------------------------------------------Hans-Dieter Kemler &ndash| Vice-President of the Management Board, Head of Investment Banking.Hans-Dieter Kemler (aged 44) in 1996 graduated from the Business Administration Department at Westphalian Wilhelm University of Muenster.From 1987 to 1990 he took part in manager traineeship at Dresdner Bank in Muenster. From 1990 to 1991 he participated in a training programme on trading in securities and investment banking at the head office of Dresdner Bank in Frankfurt. From 1991 to 1992 he worked in the Bond Trading Department at Dresdner Bank.From 1996 to 1998 he worked for Oppenheim jr &| Cie. KGaA in Frankfurt in the Financial Markets Department where he dealt with transactions on interest rates.From 1998 to 2005 he worked as Managing Director for Corporate Risk in the head office of Commerzbank.Since 2005, Hans-Dieter Kemler has been a member of top management at Commerzbank, responsible for international public finance. He has also been Managing Director at Erste Europä|ische Pfandbrief und Kommunalkreditbank AG in Luxembourg.Hans-Dieter Kemler is a member of supervisory boards of the following companies:ABC Data S.A. - Board MemberDom Inwestycyjny BRE Banku S.A. - ChairmanBRE Bank Hipoteczny S.A. - Vice-ChairmanBRE Corporate Finance &ndash| ChairmanTo the best knowledge of the Management Board of the Bank, Hans-Dieter Kemler is not involved in any business competitive with the Bank.Mr Kemler has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.------------------------------------------------------Przemysł|aw Gdań|ski, Vice-President of the Management Board of the Bank, Head of Corporate Banking.Przemysł|aw Gdań|ski (aged 46) graduated from the University of Gdansk (faculty: International Trade) and completed a one-year program in international banking and finance at the Loughborough University in the UK. Last year he completed the Advanced Management Program (AMP) at IESE Business School. He has been working in corporate banking for over 20 years. From 1993 to 1995 he worked for IBP Bank SA (BRE Bank was one of its shareholders), then for ABN AMRO Bank in Poland, Romania, and in the head office in Amsterdam. From 2002 to 2006, he was Managing Director of Large Corporates Division in BPH Bank SA. From May to November 2006 he was Chief Executive Officer and General Director of Calyon Bank Polska and Calyon Branch in Poland. In November 2006, he took the position of Vice-President of the Management Board of BPH Bank, responsible for corporate banking and real estate financing. As a result of the merger of a part of BPH Bank and Pekao SA, Mr Gdań|ski was appointed as Vice-President of the Management Board, responsible for Corporate Banking, Markets and Investment Banking of Pekao SA. Since 19 November 2008 he has been a member of the Management Board of BRE Bank.Przemysł|aw Gdań|ski is a member of supervisory boards of the following companies:BRE Faktoring S.A.BRE Corporate Finance S.A.BRE Leasing Sp. z o.o.To the best knowledge of the Management Board of the Bank, Przemysł|aw Gdań|ski is not involved in any business competitive with the Bank. Mr Gdań|ski has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.------------------------------------------------------Lidia Jabł|onowska-Luba - Vice-President of the Management BoardLidia Jabł|onowska-Luba, formerly Senior General Manager at KBC Group in Brussels responsible for managing all risk types in the group, including model development and valuation, risk policies and procedures, risk support for business decisions, supervision and reporting, ICAAP and ORSA processes, capital adequacy policy and technological support for risk management. Her major task was to implement a new approach to risk management at KBC Group. Additionally, Lidia Jabł|onowska-Luba held the position of Vice-Chairman of the Group Risk Management Committee and Member of the Group Risk and Capital Oversight Committee and ALCO at KBC Group.Before moving to Brussels, Lidia Jabł|onowska-Luba served as Vice-President of the Management Board of Kredyt Bank and Advisor to the CEO of Warta S.A. and TUnŻ| Warta S.A., acting as Chief Financial and Risk Officer.From 1994 to 2001 Lidia Jabł|onowska-Luba was Vice-President of Schroder Salomon Smith Barney Poland, advising a number of clients, financial institutions in particular, on M&|A and public equity transactions. In 2002, | Lidia Jabł|onowska-Luba joined Citigroup in Poland, first as Head of Financial Institutions &| Public Sector Division and since November 2003 as Member of the Management Board in charge of finance and operational risk management, capital management and implementation of the New Capital Accord.Lidia Jabł|onowska-Luba graduated from the Mathematics Institute of the University of Gdań|sk.To the best knowledge of the Management Board of the Bank, Lidia Jabł|onowska-Luba is not involved in any business competitive with the Bank. Ms Jabł|onowska-Luba has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.------------------------------------------------------Jö|rg Hessenmü|ller - Vice-President of the Management Board, Chief Financial OfficerJö|rg Hessenmü|ller, born in 1970, graduated from the Hochschule fü|r Bankwirtschaft in Frankfurt am Main and was awarded a master&apos|s degree in management (Diplom - Betriebswirt (FH)).From 1989 to 2009 he worked for Dresdner Bank, in particular as Head of DKIB Financial Control, also responsible for finance, controlling and taxes for locations in London, New York, Moscow, Sao Paulo and Asia.In 2009, Jö|rg Hessenmü|ller was appointed Managing Director in Commerzbank Group and worked as Head of DKIB Investment Banking Finance, Group Finance, responsible for controlling and management reporting on: Corporates &| Markets, Portfolio Restructuring Unit, Group Treasury, Public Finance.Since 16 April 2012, he has been a member of the Management Board of BRE Bank SA.Jö|rg Hessenmü|ller is a member of supervisory boards of the following companies:BRE Leasing Sp. z o.o.BRE Bank Hipoteczny SATo the best knowledge of the Management Board of the Bank, Mr Hessenmü|ller is not involved in any business competitive with the Bank.Mr Hessenmü|ller has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.------------------------------------------------------Cezary Kocik - Vice-President of the Management Board, Head of Retail BankingCezary Kocik, born in 1971, graduated from the University of Ł|ó|dź| and was awarded a diploma in Finances and Banking. | Holder of a securities broker license.From 1994 to 1996 he worked as a securities broker at Brokerage House of PBG bank. In 1996 he started work at Bank PBG in the area of Investment Banking, Debt Collection and Restructuring.In 1999 he worked for Bank Pekao SA in the Debt Collection and Credit Restructuring Department. Since 2000 he was the director of the branch of Pekao Bank in Ł|ó|dź|.Since 2004 he has been working for BRE Bank. He served as Director of the Credit Risk Management Department. In 2007 he was appointed as Director of the Multibank Sales and Marketing Department. From 2008 to 2010 he was Managing Director for MultiBank| | from 2010 until his appointment as Member of the Management Board on 1 April 2012, he held the position of Managing Director for Sales and Retail Banking Business Processes.Cezary Kocik is a member of supervisory boards of the following companies:BRE Bank Hipoteczny S.A., BRE Wealth Management S.A., BRE Ubezpieczenia TUiR S.A.,BRE Agent Ubezpieczeniowy Sp. Z o.o.,BRE Ubezpieczenia Sp. z o.o.To the best knowledge of the Management Board of the Bank, Cezary Kocik is not involved in any business competitive with the Bank.Mr Kocik has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.------------------------------------------------------Jarosł|aw Mastalerz - Vice-President of the Management Board, Chief Operations Officer.Jarosł|aw Mastalerz (aged 41) graduated from the University of Ł|ó|dź|, the Economics and Sociology Department (majored in foreign trade) and the Management Department (majored in management accounting). He holds a certificate of the British Association of Chartered Certified Accountants. In 1996-1998 he worked as a consultant in PricewaterhouseCoopers. He published works on accounting of the National Investment Funds. In 1998, he started to work for Zurich Group. Initially, he was responsible for the organisation and market strategy of the pension fund, and then took over as Marketing Director and Member of the Management Board (co-author of the advertising campaign introducing the Zurich brand on the Polish market). From 2000 he acted as Member of the Management Board responsible for the retail client segment of Zurich Group in Poland, and from 2001 as Chief Financial Officer.By the end of June 2006, he held the position of Member of the Management Board and Chief Financial Officer at Generali T.U.S.A. and Generali Ż|ycie T.U.S.A. From 1 January 2003 he was responsible for the financial department, actuarial office, controlling and bancassurance. In 2002, he participated in the process of merging Zurich companies with Generali companies.In July 2006 he was appointed as President of the Management Board of BRE Ubezpieczenia Sp. z o.o., later also as President of the Management Board of BRE Ubezpieczenia Towarzystwo Ubezpieczeń| S.A. He was responsible for developing and integrating the insurance programmes offered within BRE Group and for providing process | management services in distributing insurance to external partners. |In August 2007 the Supervisory Board appointed Jarosł|aw Mastalerz as Member of the Management Board of BRE Bank SA, Head of Retail Banking, entrusting him with the coordination of all business and communication activities of mBank in Poland, Czech Republic and Slovakia, MultiBank, Private Banking and | Aspiro SA, a company founded during his term of office. During nearly five years of managing the retail banking at BRE Bank, he implemented a number of product and technological innovations (among others in the scope of the credit offer in remote service channels, processes of servicing affluent clients and mobile banking).Since April 2012 Jarosł|aw Mastalerz holds the position of Member of the Management Board of BRE Bank SA, Chief Operation Officer, and is responsible for the area of technology and logistics at BRE Bank, mBank and MultiBank.Jarosł|aw Mastalerz is a member of supervisory boards of the following companies:ASPIRO S.A.,BRE Centrum Operacji Sp. Z o.o.,BRE Ubezpieczenia TUiR S.A.,BRE Agent Ubezpieczeniowy Sp. Z o.o.,BRE Ubezpieczenia Sp. z o.o.,Generali Powszechne Towarzystwo Emerytalne S.A.To the best knowledge of the Management Board of the Bank, Jarosł|aw Mastalerz is not involved in any business competitive with the Bank.Mr Mastalerz has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.