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Grzegorz Bierecki Named World Council Chair at 2013 World CU Conference
Thursday, July 18, 2013 7:20 AM

Grzegorz Bierecki, president and CEO of the National Association of Co-operative Savings and Credit Unions (NACSCU), Poland's credit union trade group, has been named chair of World Council of Credit Unions' board of directors. Bierecki, who succeeded outgoing chair Manuel Rabines, general manager of Federación Nacional de Cooperativas de Ahorro y Crédito del Perú (FENACREP), formally accepted the chair's chain of office during the World Credit Union Conference general session on Tuesday in Ottawa.  

"A very long time ago, I chained myself to credit unions," said Bierecki, a Solidarity activist who was jailed for his political activity under Communist rule. "It was 24 years ago when I saw these words describing the credit union philosophy on the wall of a Kansas building — not for profit, not for charity, but for service. It was [with] this sentence that my study of credit unions began."  

Bierecki has played a key role in the rebirth of Poland's credit unions — or SKOKs as they are known in Poland — which in the course of 15 years became the largest non-bank financial network in the country. Bierecki has led Poland's credit union system as president of NACSCU since 1992. Today, 55 credit unions in Poland serve 2.6 million members under a unified marketing brand from a central back-office platform.  

"Credit unions are an example of love acting in the economy," Bierecki told the audience as he applauded their dedication toward helping others. "If love is intelligent, it can find a way to act that is prudent, right and profitable. I ask that you do not ever run out of such a love."