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About Us

IRGiT is responsible for the financial settlement of exchange transactions and the safety of markets settled by IRGiT.

Authorities

Management Board

  • Andrzej Kalinowski - President of the Management Board

  • Łukasz Goliszewski - Vice-President of the Management Board

Supervisory Board

  • Adam Młodkowski – Chairman of the Supervisory Board

  • Piotr Borowski – Vice-Chairman of the Supervisory Board

  • Jarosław Obrzud - Secretary of the Supervisory Board

  • Dariusz Dudek – Member of the Supervisory Board

  • Piotr Krygiel – Member of the Supervisory Board

  • Sebastian Wijas – Member of the Supervisory Board

Timeline

Mission and vision

IRGiT Mission

Our mission is to ensure safe and timely performance of transactions concluded by our clients. As a committed team, we work with the Polish Power Exchange to support development of exchange markets taking into account the needs of market participants.

IRGiT Vision

We will develop and improve our offering, while taking into account international standards for clearing and expectations of our clients.

For shareholders

Towarowa Giełda Energii S. A. - holds 100% of shares

Structure

IRGiT’s organizational structure.

International cooperation

IRGiT is an active participant in international cooperation. During more than 10 years of our operation, we have been admitted as a member by three international associations bringing together clearing houses and other market participants. As a partner of the TGE, we take part in single intraday coupling (SIDC) and single day-ahead coupling (SDAC) projects that enable cross-border trade across Europe. We are also an active participant in the SEEGAS initiative established by the Energy Community, aimed at developing a model for cross-border gas trading. An especially significant aspect of our activity on the international arena is sharing the unique solutions applied by IRGiT in Poland, which we believe to be part of the growth strategy for countries of the CEE region. A large portion of our activity involves bilateral relations and sharing our know-how within the framework of business cooperation.

Corporate governance

IRGiT is compliant with the Principles of Corporate Governance for Supervised Institutions Rules by the Polish Financial Supervision Authority.

ESG Strategy

Year on year, companies are getting increasingly aware of their multifaceted responsibility. Accordingly, IRGiT, together with the entire GPW Group, not only focuses on shaping its business in a sustainable way, but also significantly contributes to the promotion of responsible behaviour by, among others, educating market participants and promoting value-based attitudes.

Reporting

IRGiT operates as a Clearing and Settlement House under authorization from the Polish Financial Supervision Authority (KNF) issued on 19 April 2010 and as an Exchange Clearing House under the notice referred to in Article 68a(14) of the Act on Trading in Financial Instruments of 19 April 2010. The long-term development path adopted by IRGiT calls for continuous improvement and pursuit to deploy solutions aligned with the highest market standards in clearing and settlement. Of key significance in this process are the rules and principles developed by leading international institutions.