The Bank Management Board is composed of 3 to 8 members appointed by the Supervisory Board. The number of the Management Board Members in a given term of office is determined by the Supervisory Board. The Management Board Members are appointed for a common term of office that starts from the date of appointment and runs for four full consecutive financial years.
At least half of the Management Board members have to be Polish citizens. Two Management Board members, including the President and the Vice-President in charge of management of the risk material to the Bank's business, are appointed with consent of the Polish Financial Supervision Authority. The Management Board members may be dismissed at any time by the Supervisory Board. The Vice-President of the Management Board may be dismissed by the Supervisory Board upon consultation with the President of the Management Board.
On 1 January 2019, Mr Lorenzo Tassan-Bassut became the Vice-President of the Bank Management Board, in compliance with a resolution of the Supervisory Board of 23 November 2018. On 24 June 2019, the Supervisory Board appointed Mr Sławomir Soszyński as the Vice-President of the Bank Management Board, effective as of 1 October 2019.
In keeping with the Bank's Policy for the Assessment of the Suitability of the Members of the Supervisory Board, Management Board and Key Function Holders at ING Bank Śląski S.A., prior to appointment to the position of the Vice President of the Management Board, the Suitability Assessment of the candidate was conducted. The said assessment was performed by an independent third party, i.e. EY Doradztwo Podatkowe Krupa Sp.k. It confirmed that Mr Sławomir Soszyński had relevant expertise, skills and experience to perform the function of a Management Board member of ING Bank Śląski S.A., warranted due performance of duties involved and met other requirements set out in Article 22aa of the Banking Law Act, and thus fulfilled the suitability criteria laid down in the Policy. At the same time, the Remuneration and Nomination Committee stated that the individual competences of the particular members of the Bank's Management Board were complementary and allowed for ensuring the adequate level of collective performance of supervision duties with regard to all of the Bank's areas of operation.
On 20 September 2019, Mr Patrick Roesink tendered his resignation from a position of the Vice-President of the Management Board of ING Bank Śląski S.A., effective as of 31 March 2020. Concurrently, on 23 December 2019 the Supervisory Board, having consulted the President of the Management Board and recommendation issued by the Remuneration and Nomination Committee, decided to appoint Ms Joanna Erdman to a position of the Vice-President of the Management Board of ING Bank Śląski S.A. responsible for the CRO Division. Given that for the appointment to the position to be effective it is necessary to secure consent of the Polish Financial Supervision Authority, the resolution shall enter into force provided that the Authority gives its consent, in any case as of 1 April 2020 at the earliest.
The qualifications of the individual Management Board members are presented on ING Bank Śląski S.A.’s website.