Wiesław Rozłucki joins XTPLs Supervisory Board

The former president and co-founder of Giełda Papierów Wartościowych (the Warsaw Stock Exchange) has been appointed to XTPL SA’s Supervisory Board. He will actively support the Company’s capital market activities and its general corporate governance.

– Why the decision to join such a young, emerging company? It’s because such innovative tech companies are exactly what is needed to secure the future and continued success of the Warsaw Stock Exchange. I’m impressed by the fact that the present-day Polish tech industry refuses to consider itself a second-rate player, and is boldly aiming directly for the global markets. Of course, endeavours of XTPL’s calibre do have intrinsic risks and numerous challenges, which are to be expected when dealing with breakthrough innovations. Nevertheless, what I see in XTPL is a fresh new quality, with experienced managers who understand well the international interactions between business and science – that’s how Wiesław Rozłucki explained his decision to join XTPL’s ranks.

International markets are the natural goal of the Company. Due to the platform-like nature of XTPL’s nanoprinting solutions, they can be implemented in many rapidly developing industries. The Company is continuously verifying new areas of application for its technology. In addition to the display or photovoltaic cell markets, it can be implemented in areas such as biosensors, anti-counterfeiting solutions, and microelectronics. The value of the printed electronics market alone in 2017 – which is one of the main application areas for XTPL’s technology – has been estimated at USD 29.3bn. In 2027, it is expected to reach USD 73.4bn.

– With his knowledge and experience, Wiesław Rozłucki will definitely support XTPL in quickly expanding our competences in the field of capital markets and general corporate governance. Our solutions are set to revolutionize the global industry. That is why we have long ceased thinking of ourselves as a start-up. We are heading for the global market and are currently entering the apex of our growth – emphasizes Filip Granek, President of XTPL.

The former President of the Warsaw Stock Exchange views his role in XTPL in a similar light, especially since the Company is on its way to become listed on the main market of WSE, while also preparing for a dual listing on the stock exchange in Frankfurt.

– My role is to actively support the Company – for example, to help further professionalize its structures and introduce a certain corporate flair – the good kind. The case of XTPL rings familiar with me, since I first began developing the Warsaw Stock Exchange at a stage when it was a less mature entity than XTPL is now –  Wiesław Rozłucki points out.

Dr Wiesław Rozłucki was the President of the Management Board of the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.) from 1991 to 2006. He currently works as an independent consultant, while also serving as the chairman of the supervisory boards of Bank BPH S.A. and Internet Media Services S.A., and a member of the supervisory boards of Orange Polska and Towarzystwo Ubezpieczeń na Życie Cardif Polska S.A. He is also the President of the Management Board of the Foundation of the Polish Institute of Directors (Fundacja Polski Instytut Dyrektorów), as well as the Programme Board of Harvard Business Review Polska. He was awarded the Order of Polonia Restituta Third Class (the Commander’s Cross) and the French order of merit, the L’Ordre National du Merite. He will replace Piotr Janczewski as Member of XTPL’s Supervisory Board.