About the NBP
Member of the Management Board of the NBP
Dr Andrzej Raczko was born on 27 February 1953 in Kutno.
In 1977, he graduated from the University of Łódź specialising in Econometrics. In 1985, he obtained his PhD in Economics and then worked as an assistant professor at the University of Łódź. He collaborated with academic centres in the United Kingdom, France and Central European countries within the framework of EU research projects.
Since the 1990s he has worked in the banking sector, among others in LG Petro Bank SA, where he was CEO. In 1999-2001, working in PKO BP, he was in charge of the mortgage bank project, and in 2003 he was Vice-President of Bank Gospodarki Żywnościowej SA.
In 2001-2002, Dr Raczko was undersecretary of state in the Ministry of Finance. His responsibilities covered public debt management, financial negotiations with the European Union and co-operation with international financial institutions.
Minister of Finance in the final stage of Poland’s accession to the European Union (2003-2004).
After 2004 Dr Raczko served as Alternate Executive Director and subsequently as visiting scholar in the International Monetary Fund. He was also Chief Economist and Director of Research Department in the Polish Financial Supervision Authority.