The Monetary Policy Council (RPP), in a statement published today by the National Bank of Poland (NBP), appealed, among other things, for “respecting the role of the central bank authority, namely the NBP President”, as media reports indicate that three members of the NBP Management Board want amendments to the bank’s statute that would limit the powers of Adam Glapiński.
The National Bank of Poland (NBP) published today a communiqué titled “Statement of the Monetary Policy Council (RPP) on the situation within the NBP Management Board”.
RPP statement
The statement reads that “we appeal for refraining from escalating actions that undermine the nearly 30-year, well-established and stable relationship between the three constitutional bodies of the NBP, including respecting the role of the central bank authority, namely the NBP President”, and adds that – “creating unnecessary disruptions in these relations” would harm the central bank and that the potential consequences of such actions would extend far beyond the internal structure of the NBP.
The statement continues: “We call for calming emotions, exercising prudence, and avoiding any hasty actions whose inevitable consequence would be the irreversible loss by the NBP of its position, built consistently over several decades and stabilising the financial system, the economy, and the Republic of Poland. This would also threaten the high international prestige of the National Bank of Poland (NBP), for the strengthening of which all bodies of the central bank are responsible”.
The statement, dated 3 December 2025, was signed by the NBP President and Chairman of the RPP Adam Glapiński, as well as by its members: Ireneusz Dąbrowski, Iwona Duda, Wiesław Janczyk, Cezary Kochalski, Gabriela Masłowska and Henryk Wronowski. This means that the statement was signed by seven out of the ten members of the RPP.
Reaction to the actions of NBP Management Board members
On Monday, the portal money.pl reported that three members of the NBP Management Board – Piotr Pogonowski, Artur Soboń, and Rafał Sura – submitted at the beginning of December a draft resolution introducing a package of amendments to the statute of the central bank, aimed, among other things, at strengthening the powers of the Management Board as a collegial body and introducing organisational changes within the bank.
The portal reported that “the draft resolution proposes a number of changes to the NBP statute which, in practice, limit the authority of Adam Glapiński and some of his closest associates”, adding that “(…) the proposal in the resolution provides that bonuses and awards for the president and his two principal deputies would be decided each time by the bank’s Management Board”.
According to money.pl, the sponsors intended the Management Board to resolve the matter within three days, but “President Adam Glapiński scheduled the meeting only for 20 January 2026”.
The portal also reported that the initiative of some members of the Management Board prompted a reaction from President Adam Glapiński, resulting in the adoption of the RPP statement on 3 December.
NBP Management Board member Artur Soboń told the Polska Agencja Prasowa on Tuesday that “I am not a member of the RPP, but I could sign the appeal for calm and for avoiding unnecessary emotions around the central bank”.