Ireneusz Sitarski

Independent Board Member at ORLEN

Master's degree in economics, graduate of the Faculty of Foreign Trade at the Main School of Planning and Statistics (now the Warsaw School of Economics) in Warsaw.

Economic advisor specializing in financial consulting, restructuring, mergers and acquisitions of companies. In thirty years of practice, he held management positions in commercial law companies, twice as Undersecretary of State at the Ministry of Ownership Transformation and the Ministry of the Treasury.

He carried out consulting projects, developed privatization strategies, analyses and valuations for state-owned enterprises. He led projects to restructure troubled and non-performing loans in Polish banks. He served as president of the management company of the National Investment Fund, implementing restructuring projects, and supervised and conducted transactions for the purchase and sale of companies.

In government administration, he transformed state-owned enterprises into companies of the State Treasury, supervised their operations and led the process of selling shares to strategic or financial investors in such sectors as fuel, energy, gas, banking, insurance, gaming, among others.

He participated in the management of commercial law companies, including those listed on the Warsaw Stock Exchange, such as NFI Foksal SA, Impexmetal SA. While serving as a member of the Management Board - commercial director at Impexmetal SA, which was an industrial group in the non-ferrous metals processing sector, he coordinated and managed commercial policy.

He has many years of experience as a member and chairman of the supervisory boards of commercial companies, including such companies as Telekomunikacja Polska SA, Giełda Papierów Wartościowych SA, Polskie Towarzystwo Ubezpieczeń SA, Bank Gospodarki Żywnościowej SA, Dwory SA (now Synthos SA), Huta Aluminium Konin SA, PESA Bydgoszcz SA and many others.

He was a candidate in 2018 in the elections to the Mazovian Regional Assembly, in 2019 in the elections to the European Parliament and the Parliament of the Republic of Poland.