University Education

2002 – 2004         Warsaw School of Economics, Collegium of Economic Analysis

Ph.D. in Economics

1995 – 1997            University of Minnesota, USA

Master of Business Administration

1992 – 1997            Warsaw School of Economics

M.A. in Economics

Executive Training

2005 – 2007           Chartered Financial Analyst (CFA)

Program completed (three levels), charter obtained

2001 – 2001           The Institute for Business Development – Center for Privatization

Study program for Financial Analysts (Polish equivalent of CFA)

1999                         Harvard University

John F. Kennedy School of Government

Strategic Public Sector Negotiations Program

Cambridge (MA), USA

1996                        The Margaret Thatcher Foundation

Scholarship at London School of Economics

Academic & other activities

1996 – present            Warsaw School of Economics

Collegium of Economic Analyses

Institute of International Comparative Studies

Assistant Professor (adiunkt)

  • Currently: Institutional Economics (in Polish). Markets, Corporations and Regulators (in Polish and English). Portfolio Management for Financial Advisers lectures
  • Previously: Microeconomics, Macroeconomics, Public Finance, International Comparative Studies, Business in Central and Eastern Europe lectures, M.A seminars

2016 – present             The World Bank / European Bank of Reconstruction and Development

  • World Bank consultant in national railway reform in Kazahstan (2019 – now)
  • World Bank consultant in national railway reform in Tanzania (2019 – now)
  • World Bank consultant in railway M&A project in Saudi Arabia (2019)
  • World Bank consultant in national railway reform in Thailand (2017)
  • Lecturer in various EBRD & World Bank seminars on railway restructuring (2017-2019)

Membership in professional organizations

  • Member of the CFA Institute (CFA Society of Poland)
  • Member of the American Economic Association
  • Member of the Polish Economists Association

Prizes & Awards

„Gold Laurel of Business” – an award recognized by the editors of the daily newspaper Super Express in the category of Personality of the Year. The distinction was awarded for „restructuring the PKP Group from an ineffective, overgrown state-owned company into a modern company with a pro-client approach, as well as improving the service standard and implementing a record-breaking investment program including modernizing railway stations and rolling stock

“The Bull & Bear Award” in 2014 – award by the Polish financial newspaper “Parkiet” for PKP Cargo, in the category “Debut of the Year 2013”, recognized for the successful IPO on the WSE.

”The person who changes the Polish industry” in 2013 – award by the Polish monthly economic magazine “Nowy Przemysł” and the website, recognized for the successful train station modernization program and implementing privatization processes.

”The Financier of the Year” of 2013 – award of “Gazeta Finansowa”, recognized for the courage and determination shown during the restructuring process and image change of the Polish State Railways (PKP S.A.)

”The Financier of the Year” 2011 – award of “Gazeta Finansowa”, recognized for investment success conducted without exposing the clients to excess risk (PKO TFI)


Author of numerous publications in macroeconomics, finance, and public finance. Full list of publications available upon request.


History, soccer