Develia: Andrzej Oślizło is the new CEO

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The Management Board of Develia, one of the leading developers operating on the Polish market, informed on 4 December 2020 that the Supervisory Board of the company appointed Mr. Andrzej Oślizło to the Management Board, entrusting him with the function of the President. The former interim President, Paweł Ruszczak, has remained on the Company’s Management Board, where he will again take up the position of a Member of the Management Board for Financial Affairs.

Andrzej Oślizło is a graduate of the University of Economics in Katowice (major in Economics) and the Silesian University of Technology in Gliwice (major in Computer Science). He completed MBA studies at the European University in Montreux, Switzerland. For over twenty years he has been managing business ventures in Poland and on foreign markets. He specializes in business management, investments, mergers and acquisitions, as well as strategies for foreign expansion in particular. In his career, he has successfully held the position of President and Member of the Management Board of companies from the following sectors: ICT, TSL, aviation, finance and banking (including Schenker Sp. z o.o., LOT S.A., Aviva S.A., Expander Advisors Sp. z o.o., Burietta Sp. z o.o.- Inelo Group). His professional experience also includes cooperation with Private Equity funds, including Trinity Management and Innova Capital, on behalf of which he held supervisory and management functions in the bodies of portfolio companies, and was responsible for the increase in their value and capital exits.

He sat on the supervisory boards: Burietta Sp. z o.o., Spółdzielczy System Ochrony SGB, Intrum Sp. z o.o., Gold Finance Sp. z o.o., BZ WBK – Aviva Towarzystwo Ubezpieczeń na Życie S.A., Expander Advisors Sp. z o.o., Casinos Poland Sp. z o.o.

Basic professional experience:

2018-2020 – President of the Board/Executive Chairman of Burietta Sp. z o.o. (Inelo Group)
2015-2017 – Vice-President of the Management Board of Aviva Towarzystwo Ubezpieczeń Ogólnych S.A.
2015-2017 – Vice President of the Management Board of Aviva Towarzystwo Ubezpieczeń na Życie S.A.
2011-2015 – President of the Management Board of Expander Advisors Sp. z o.o.
2009-2010 – Member of the Management Board of Polskie Linie Lotnicze “LOT” S.A.
2006-2008 – Business Development Director/adviser in the Central South Eastern Europe DPD (La Post Group)
2002-2006 – Vice-President of the Management Board of Schenker Sp. z o.o. (DB Group)
1999-2001 – Management Board Member/Managing Director VATECH ELIN EBG
1995-1998 – Portfolio Manager at Trinity Management (Managers of 3rd National Investment Fund)

In the discussed period Andrzej Oślizło also held other supplementary or temporary functions in company bodies:

2020 – currently Member of the Supervisory Board of Burietta Sp. z o.o.
2019 – currently – Member of the Supervisory Board of the Cooperative Security System SGB (cooperative)
2016 – currently – Member of the Supervisory Board of Intrum Sp. z o.o.
2018 – 2020 – Member of the Supervisory Board of Gold Finance Sp. z o.o. (Diuna Group)
2016-2018 – Member of the Supervisory Board of BZ WBK – Aviva Towarzystwo Ubezpieczeń Ogólnych S.A.
2016-2018 – Member of the Supervisory Board of BZ WBK – Aviva Towarzystwo Ubezpieczeń na Życie S.A.
2015-2018 – Member of the Supervisory Board of Expander Advisors Sp. z o.o.
2009-2011 – Member of the Supervisory Board of Casinos Poland Sp. z o.o.
2007/2009 – Member of the Board (temporary management) w: Via Cargo Logistic Sp. z o.o. (2008/2009), RC Union Spółka Akcyjna (2008/2009), DPD Slovenia/Croatia (2007)

Mr. Andrzej Oślizło does not conduct activity competitive to the company, does not participate in a competitive company as a partner in a civil law partnership or a partnership or as a member of a body of a capital company, does not participate in any other competitive legal person as a member of its body and is not listed in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register, he informed the developer in his announcement.

Successful third quarter

In the third quarter of 2020. Develia sold 358 units, compared to 310 a year ago. In the three quarters of this year, the company sold 781 units, compared to 928 units in the same period of 2019. The poorer result y/y for the three quarters is mainly due to the beginning of the second quarter, when due to the outbreak of the pandemic, the sale of new flats slowed down significantly.