Michał Szymański, 32, has been appointed investment director at Commercial Union Pension Fund Company, where he is responsible for managing the largest pension fund in Poland, with assets in excess of 16bn PLN (£2.65bn).
Michał Szymański, 32, has been appointed investment director at Commercial Union Pension Fund Company, where he is responsible for managing the largest pension fund in Poland, with assets in excess of 16bn PLN (Ł2.65bn).
He started his career in 1996 when he became a licensed investment adviser. Between 1996 and 1998 he worked in the Portfolio Management Department at Creditanstalt Securities in Warsaw, and from 1998 he was at ING Investment Management Poland, a company managing assets valued at more than 6bn PLN (Ł0.99bn).
As an investment adviser and deputy investment director at ING, he was responsible for the management of investment funds and portfolios for both institutional and individual clients. He also co-ordinated equity market analysis.
Since 1 December 2004 he has been responsible for managing assets for the CU open pension fund. This fund is one of the largest institutional investors in the Polish market, with an equity portfolio valued at 5.5bn PLN (Ł0.91bn) and a debt instruments portfolio worth 10bn PLN (Ł1.65bn). The fund also invests in foreign equities and debt instruments.
Michał has a PhD in economics and is a graduate of the Warsaw School of Economics, Poland’s leading business school. He also holds a CFA diploma. He is in charge of an investment team of eight people.
For further information please contact:
Grażyna Goslings, Corporate Communications Director, CU Poland Group, tel. + 48 22 557 40 93, e-mail: bohdan_bialorucki@cu.com.pl.
Further information on the Commercial Union Poland Group can be found at http://www.cu.com.pl