Adam Maciejewski was appointed the new chief executive of the Warsaw Stock Exchange at the company's extraordinary shareholder meeting on Thursday. Earlier in the day, WSE shareholders officially dismissed Ludwik Sobolewski from the position.

Mr Sobolewski was suspended by the WSE's supervisory board in December 2012 on grounds that he and an employee encouraged listed companies to finance a movie in which his girlfriend had a role.

Adam Maciejewski had been acting CEO of the WSE since the suspension of Mr Sobolewski. He has been working for the WSE since 1994, as a management board member since 2006.

Mr Maciejewski will hold the new position until 2014, when a competition will be announced to find a new chief executive.

Poland A.M.