Press releases
27. 3. 2006

Staffing of managerial positions in the CNB’s new supervisory departments

At its meeting today, the Bank Board of the Czech National Bank made decisions regarding the dismissal and appointment of senior officers of the CNB's new supervisory departments.

The Bank Board decided to dismiss Milada Staňková from the post of Director of the Office of State Inspection in the Insurance and Pension Scheme Industry (ÚDPP) as of 3 April 2006. On 1 April 2006, this position will change into the post of Executive Director of the CNB's Insurance Companies Regulation and Supervision Department, which will be filled on the basis of the results of a currently ongoing selection procedure. Until the Executive Director is appointed by the CNB Bank Board, this department will be headed by the current Deputy Director and Head of the ÚDPP's Insurance Control Division (Department 32 of the Czech Ministry of Finance), Naděžda Krátká, who, on 1 April 2006, on the basis of the transfer of employment rights and obligations, will become Deputy Executive Director of the Insurance Companies Regulation and Supervision Department and will be put in charge of the Supervision Division.

The Bank Board furthermore dismissed Miroslav Vele from the post of Head of Pension Funds Control at the Office of State Inspection in the Insurance and Pension Scheme Industry.

Based on the transfer of employment rights and obligations, as of 1 April 2006:

  • Monika Šťástková will become Director of the Insurance Sector Regulation Division of the Insurance Companies Regulation and Supervision Department at the CNB's headquarters (currently Head of the ÚDPP's Methodology and Analytics Department);

  • Miroslav Sýkora will become Director of the Licensing Division of the Insurance Companies Regulation and Supervision Department at the CNB's headquarters (currently Head of the ÚDPP's Legal and Licence Department).

With effect from 1 April 2006, the Bank Board appointed:

  • Pavel Hollmann as Executive Director of the Capital Market Regulation and Supervision Department at the CNB's headquarters (currently Chairman of the Presidium of the Czech Securities Commission - CSC);

  • Libor Michálek as Director of the Collective Investment and Pension Funds Division of the Capital Market Regulation and Supervision Department at the CNB's headquarters (currently Director of the CSC's Collective Investment Department);

  • David Rozumek as Director of the Investment Services Providers Division of the Capital Market Regulation and Supervision Department at the CNB's headquarters (currently Director of the CSC's Investment Services Providers Department);

  • Václav Simon as Director of the Markets and Settlement Division of the Capital Market Regulation and Supervision Department at the CNB's headquarters (currently Director of the CSC's Public Markets Department and Securities Register, and Stock Exchange Commissioner);

  • Monika Strejcová as Director of the Sanction Procedures Division of the Capital Market Regulation and Supervision Department at the CNB's headquarters (currently Director of the CSC's Enforcement Department).

The post of Deputy Executive Director of the Capital Market Regulation and Supervision Department at the CNB's headquarters will be filled on the basis of the results of a selection procedure announced by the CNB on 13 March 2006. The CNB will announce an external selection procedure for the post of Director of the Securities Issues Division of the Capital Market Regulation and Supervision Department at the CNB's headquarters in the very near future.