Pursuant to the planned change to the Act on National Bank of Poland, after the term of office of the President of NBP has expired, (s)he will perform the duties until the moment when the new President of NBP takes them over. At the same time it is assumed that if the term of office of the President of NBP expires as a result of death, submission of resignation or in case of dismissal, the Vice-President of NBP (first deputy of the President of NBP) shall perform the duties of the President of NBP until the moment when the new President of NBP takes them over. The proposed changes, according to the authors of the draft, should have a positive influence on the financial security of the country through ensuring a continuity in the position of the president of the most crucial financial institution in Poland.

Contact persons: Aleksander Kowalski & Mirosław Stefanik, ak@pnplaw.pl, ms@pnplaw.pl