President Appoints Sociologist Marcin Zarzecki to Monetary Policy Council
Zarzecki, former head of the Polish National Foundation, will replace Cezary Kochalski on the central bank's rate-setting body.

President Karol Nawrocki has appointed Marcin Zarzecki to the Monetary Policy Council, effective December 22, 2025, the Chancellery of the President of the Republic of Poland announced on Monday. Zarzecki served as the president of the Polish National Foundation from 2019 to 2024 and has been a deputy director at the IPN since 2024.
“By a decision dated December 15, 2025, the President of the Republic of Poland, Karol Nawrocki, has appointed Marcin Zarzecki to the Monetary Policy Council, effective December 22, 2025. The letter of appointment was presented during a ceremony at the Presidential Palace,” the president’s chancellery stated on its website.
It was added that Zarzecki is a sociologist, statistician, econometrician, social sciences methodologist, evaluator, and academic teacher. He served as deputy director of the Institute of Sociology at the Cardinal Stefan Wyszyński University in Warsaw, and from 2016 to 2019, he was the vice-dean of the Faculty of Historical and Social Sciences at UKSW.
From 2016 to 2018, he was the president of the Polish Evaluation Society, and during the 2016–2023 term, he was a member of the Council of the Zygmunt Wojciechowski Institute for Western Affairs in Poznań. He was an advisor in the consulting team for social research at the Chancellery of the Prime Minister. He also served as deputy director of the Department of Intellectual Property and Media at the Ministry of Culture and National Heritage.
According to the president’s chancellery, Zarzecki was president of the Polish National Foundation from 2019 to 2024. He is also a graduate of programs and courses in econometrics, statistical data analysis, artificial intelligence, and finance.
“Since 2024, he has been a deputy director at the Institute of National Remembrance – Commission for the Prosecution of Crimes against the Polish Nation. He heads the Department of Social Research Methodology and Statistics at the Faculty of Socio-Economic Sciences of the Cardinal Stefan Wyszyński University in Warsaw,” it was added.
On December 20 of this year, the six-year term of Cezary Kochalski as a member of the RPP expired. He was appointed in December 2019 by President Andrzej Duda.
The Council, in addition to its chairman—the President of the National Bank of Poland—consists of nine members appointed in equal numbers by the President of the Republic of Poland, the Sejm, and the Senate. A member’s term of office is six years. The position can be held for only one term.
The Monetary Policy Council is responsible for, among other things, setting the NBP’s interest rates, establishing annual monetary policy guidelines, and determining the reserve requirement rates for banks and cooperative savings and credit unions, as well as the interest paid on these reserves. It also defines the upper limits on liabilities arising from loans and credits taken by the NBP from foreign banking and financial institutions, approves the NBP’s financial plan and activity report, and establishes the principles for open market operations. (PAP)









