The members of the bank’s Management Board are appointed and dismissed in accordance with the provisions of the Commercial Companies Code and the Banking Law and the provisions of the bank’s Statutes.
The appointment of two members of the Management Board, including the President, is subject to the approval of the Polish Financial Supervision Authority (KNF). Members of the Management Board may be dismissed by the Supervisory Board or the General Meeting of Shareholders at any time.
Our internal regulation specifying, among other things, the requirements for Members of the Management Board is the ”Policy of Nominating and Assessing the Suitability of Members of the Management Board and Key Executives of Santander Bank Polska S.A.” According to it, when appointing members of the Management Board and the Supervisory Board, we take into account criteria that ensure the comprehensiveness and diversity of these bodies. All members of the Management Board are subject to an individual suitability assessment and the Management Board as a whole to a collective suitability assessment.