Ireneusz Fąfara was elected by the supervisory board as the new president of Orlen. Witold Literacki became vice president for corporate affairs and first deputy president. Both will take up their positions on Thursday.
Ireneusz Fąfara / Leszek Szymański / PAP
As Orlen specified in Wednesday’s announcement, Ireneusz Fąfara was appointed president for the joint term of office of the management board, which ends on the date of the Ordinary General Meeting approving the company’s financial statements for 2025.
It was Fąfara who was recently mentioned as the favorite to become the president of Orlen. Previously, Krzysztof Zamasz was indicated as the main candidate.
The company emphasized that Ireneusz Fąfara is an expert with excellent knowledge of the fuel sector and the challenges related to the energy transformation. Fąfara previously worked for Orlen – from spring 2010, he managed the Lithuanian company of the then PKN Orlen – Orlen Lietuva, formerly Mazeikiu Nafta in Mazeikiu. As the President of Orlen Lietuva, he reformed the refinery in Mažeikiai and brought it to profitability – the company noted in a statement. He stepped down from his position at the beginning of 2018. At that time, the company, among others, reached settlements in long-term disputes with the main partners of the Mažeikiai refinery – Lithuanian Railways and the Port of Klaipėda. Before joining PKN Orlen, from May 2007, Fąfara was the president of Bank Gospodarstwa Krajowego.
Ireneusz Fąfara is a graduate of the University of Economics in Krakow, specializing in International Economic Relations, and postgraduate studies at the Lodz University of Technology. He completed his internship at the stock exchanges in Frankfurt and Dusseldorf. He completed courses in finance, capital markets and pension systems organized, among others, by: by the Association of Swiss Banks and the Austrian Central Bank. He has a securities broker’s license.
In the years 1985-1990 he worked in energy industry companies as an export specialist. From 1992 he worked at Bank Energetyki SA in Radom. In the years 1993-1995 he served as director of the Brokerage House there, and in September 1995 he became vice-president of the Management Board.
In 1998, he became a member of the Management Board for economic and financial affairs at ZUS. He supervised the receipt of contributions to the Social Insurance Fund, Open Pension Funds, the National Health Fund, the Labor Fund and the Guaranteed Employee Benefits Fund, and also managed the finances of the above-mentioned institutions and the Demographic Reserve Fund. In the years 2003-2006, he also served as member of the ZUS management board for IT.
He was also a member of the Supervisory Boards of, among others: ENERGO-UTECH SA in Poznań, Agencja Rynku Energii SA in Warsaw, Milmet SA, Kompania Węglowa SA, the PZU Group IT Center and the Supervisory Board of the National Health Fund.
Witold Literacki was appointed acting president of Orlen at the beginning of February this year. Literacki is a graduate of the University of Silesia, Faculty of Social Sciences, in 1994, and an MBA from the Lublin Business School in cooperation with the University of Central Lancashire in Great Britain in 2006. It was added that he is also an expert in the field of finance and taxes and has been professionally associated with the fuel and energy industry for many years.
Literacki served as financial director at PERN in 2022-2023. Previously, in the years 2020-2022, he was the financial director at Warszawskie Zakłady Mechaniczne PZL-WZM in Warsaw. In turn, in the years 2008-2020 he was the director of the tax office in Orlen.
In 2007-2008, he was a tax manager at RWS Stoen, and in 1999-2007, a senior tax audit manager at Carrefour Polska. He also worked at Arthur Andersen. He was also an inspector in the tax audit department of the Tax Office in Zabrze.
The Orlen Group is a concern with refineries in Poland, the Czech Republic and Lithuania, as well as a network of gas stations in these countries, as well as in Germany, Slovakia, Hungary and Austria.
It has an oil and gas extraction segment, a petrochemical segment and an energy segment, including renewable energy sources.
