The Supervisory Board of BETA Securities Poland SA decided on the 9th of August that Kazimierz Szpak, who has been performing the function of board member and manager of BETA ETF funds, has been appointed the position of President of the Board of BETA Securities Poland SA. Consequently, Robert Sochacki, the founder of BETA Securities Poland SA and creator of the BETA ETF brand, is stepping down from his position as President of the Board after over 9 years, simultaneously taking on the position of Vice-President of Bank PEKAO SA. Additionally, Roy Regev, Chairman of the Supervisory Board of BETA Securities Poland SA and one of the founders of BETA ETF, has joined the board of BETA Securities Poland SA, replacing Boaz Nagar, who has taken on the position of Chairman of the Supervisory Board of BETA Securities Poland SA. Łukasz Jędrzejczyk, who has been performing the function of a board member at BETA Securities Poland SA, remains in place.
Kazimierz Szpak, CFA, has been associated with BETA Securities Poland SA almost from its inception in 2015, when he joined the team not only as a manager and co-author of the idea of BETA ETF funds but also as the operating director and board member (from 2016). He has long-term experience in the capital market, having been active for over 20 years. He began his finance career at the Seventh National Investment Fund named K. Wielki SA, as the director of the analysis department, going through subsequent positions such as director of analysis teams at Private Equity Poland Sp. z o.o., portfolio manager at Warta Asset Management SA., deputy director of asset management office at KBC TFI SA, asset manager at Amplico Life SA, and director of management department at MetLife TFI SA. Kazimierz Szpak is a nuclear physicist by education, having completed his studies at the Moscow Power Engineering Institute (Technical University). He also holds an investment advisor license and a CFA title.
Kazimierz Szpak – “Being promoted to the position of President of the Board of BETA Securities Poland SA is a great honor for me. I have been associated with the company for almost 10 years where I have participated in creating pillars of BETA Securities Poland SA and BETA ETF in the Polish market from the very beginning. Over these years, we have managed not only to build the image of the only provider of Polish ETF funds in the domestic market but also the image of a company that has from the start focussed on educating the Polish society in the area of investing and saving, something that we know has a huge significance today. We are facing new challenges, new products, and spectacular changes that will lead us even higher. Robert, I particularly thank you for these several years of really good cooperation and wish you further success.”
Robert Sochacki – “It’s no secret that for me this is a special moment. I built from scratch and introduced to the Polish market the first company providing Polish ETF funds, therefore ETF funds based on Polish indexes. I have created a company, products, and team that together with me have worked for this success over the last years. What I can say with full conviction today is that I am leaving my ‘gem’ in the best hands. I know that Kazimierz, thanks to his experience, knowledge, and commitment, will manage the company just as well or even better for its further dynamic development. Kazimierz, good luck! I’m not saying goodbye to the market, so I will be enthusiastically supporting BETA Securities Poland SA for every next step leading to ETF funds development in our market.”
Roy Regev, until recently Chairman of the Supervisory Board of BETA Securities Poland SA. and one of the creators of BETA ETF in Poland, currently a member of BETA Securities Poland SA – “I would like to thank Robert, who was a pioneer of the ETF market in Poland, laying the foundation for this industry. BETA is first and foremost a family and while it’s hard to see anyone of us leave, we are very happy and proud of his success. BETA will continue to promote the ETF market in Poland so that ETF funds will eventually become the most popular product among investors. I believe that Robert and we will continue to cooperate to further promote the Polish capital market, taking it to the next level. I would also like to thank Kazik, who will take over as CEO of BETA Securities Poland SA and together with the team will continue to realize our vision.”
Source: https://managerplus.pl/po-9-latach-robert-sochacki-zegna-sie-z-beta-etf-firme-poprowadzi-kazimierz-szpak-87173
