National Bank of Poland - Structure

Structure

The structure and functioning of the National Bank of Poland are regulated by article 227 of the Constitution of Poland of 1997 and the National Bank of Poland Act of the same year. The President of the NBP is appointed by the Sejm, at the request of the President of the Republic of Poland, for a term of six years. The NBP President is responsible for the organisation and functioning of the National Bank. The same person cannot serve as President of the NBP for more than two terms of office. Apart from his function as the superior of the NBP staff, he is also the chairman of the Monetary Policy Council, the NBP Management Board and the Commission for Banking Supervision. He is also responsible for representing Poland in international banking and financial institutions.

Read more about this topic:  National Bank Of Poland

Famous quotes containing the word structure:

    The structure was designed by an old sea captain who believed that the world would end in a flood. He built a home in the traditional shape of the Ark, inverted, with the roof forming the hull of the proposed vessel. The builder expected that the deluge would cause the house to topple and then reverse itself, floating away on its roof until it should land on some new Ararat.
    —For the State of New Jersey, U.S. public relief program (1935-1943)

    I really do inhabit a system in which words are capable of shaking the entire structure of government, where words can prove mightier than ten military divisions.
    Václav Havel (b. 1936)

    With sixty staring me in the face, I have developed inflammation of the sentence structure and definite hardening of the paragraphs.
    James Thurber (1894–1961)