RB nr 66/2008

Legal basis: § 5 subpar. 21 and § 27 of RO

The Management Board of MCI Management S.A. informs that on the basis of the resolution of the Supervisory Board of MCI Management SA from November 4, 2008 Ms. Beata Stelmach was appointed Member of the Management Board of MCI. Ms. Beata Stelmach shall be responsible for creating innovative investment products in the area of private equity/venture capital. Furthermore, Ms. Beata Stelmach shall be responsible for the development of new MCI funds (strategic, corporate venture and consumer) together with the project leaders inside MCI Group.

The following is the CV of the new member of the Management Board:

Ms. Beata Stelmach has been connected with the capital market since 1991.
Originally she was employed in the Inspection Office of the Securities Committee and then in the position of the Secretariat Director of the Securities Commission. At the same time she held the position of the Spokesperson of the Commission. She was responsible for cooperation on the forum of International Organization of the Securities Committee (IOSCO) where she was the leader of the Working Group in charge of Supervision and Information Exchange. She also participated in the negotiations on accession of Poland to OECD and EU.

As a consultant of the World Bank she participated in programs for the development of the capital market in the Ukraine (1996) and Russia (1997).

In 1999, she participated in the introduction into the market of Pekao/Alliance PTE SA – newly created pension association.

In the years 2000-2001, holding the position of President of the Management Board of the Warsaw Commodity Exchange S.A. she proposed a strategy of concentration of then dispersed commodity market in Poland which resulted in ultimate liquidation of most regional exchanges (they were transformed into commodity brokerage houses.)

In the years 2001-2005, she was in the supervisory board and then after 2002 in the management board of Prokom Software SA.

In the years 2005-2007, she held the position of member of the management board of Intrum Justitia Association of Investment Funds (managing one of the first in the Polish market securitization funds.)

She has been connected with MCI Group since 2006 (to date as Chairperson of RN MCI TFI S.A.)

She is a graduate of the Faculty of Finance and Statistics at SGPiS (now Warsaw School of Economics) as well as Calgary University (MBA degree) and INSEAD (MBA degree).

She participated in a number of trainings and internships e.g. in Great Britain (Cheltenham & Gloucester College of Higher Education, Faculty of Business, Finance and Management), USA (New York Institute of Finance – trainings in the scope of capital market), France (Commission des Operations de Bourse – internship in the department of supervision of the French Securities Commission,) Canada (Wood Gundy Brokerage House, Canadian Imperial Bank of Commerce, Toronto.)

In the years 1994-1999, she was a member of the Examination Commission for Stock Exchange Brokers.

She holds the position of the President of the Management Board of the Association of Stock Exchange Issuers (SEG); she is one of the executives at the European Association of Stock Exchange Issuers.

She is the lecturer on the Warsaw University at the Economical Sciences Faculty.
Married with a 19-year-old son Michał.