Mr. Rynkiewicz has extensive business experience and has been instrumental throughout his career in the areas of equity fundraising, mergers, acquisitions and Company leadership with a specific focus on Polish enterprises. Mr. Rynkiewicz graduated from the Warsaw University of Finance and Insurance with a degree in Finance and Banking. Since 1990 he has been President and a major shareholder of Castle Holdings Limited Sp. z o.o. ("CHL") in Warsaw, a private entity which provides consulting services to foreign investment funds in Poland. From 1991 to 2004 Mr. Rynkiewicz acted as a partner to "Invesco" Central Europe Assets Management, London, UK. During this partnership Invesco and CHL participated in many investment projects in Poland, such as the privatization, restructuring and growth of the largest beer companies in Poland Okocim & Zywiec, and one of the leading food companies in Poland Pudliszki S.A., a subsidiary of Heinz (a premier U.S. global food company) in Central Europe. In 2001 Mr. Rynkiewicz was a Board member of Elektrim S.A., one of largest mobile phone and cable telecommunications companies in Poland at that time. From 1992 to 1999 Mr. Rynkiewicz was President of the Supervisory Board of Zaklady Piwowarskie Zywiec S.A. and was involved in all business development strategies of the Zywiec Group in Poland including cooperation with strategic investors such as Heineken BV. |