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Earnings of NBP President Adam Glapiński and Fed Chairman Jerome Powell. Donald Tusk comments

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The leader of the Civic Platform, Donald Tusk, spoke on Monday about the salaries of the heads of the Polish and US central banks – the president of the National Bank of Poland, Adam Glapiński, and the head of the Fed, Jerome Powell. – The earnings of Mr. Glapiński are clearly higher than the earnings of his counterpart in the United States – he said.

Boss on Monday AFTER referred to the information on the remuneration of the President of the National Bank of Poland, Adam Glapiński.

– The remuneration of Mr. President (NBP Adam) Glapiński this year increased exactly as much as inflation – by 18 percent (in February 18.4 percent according to the Central Statistical Office – ed.). And I found out at the end (…) that the earnings of Mr. Glapiński are clearly higher than the earnings of his counterpart in the United States (Federal Reserve Chairman Jerome Powell – ed.) – said Tusk.

He added that “Chairman Adam Glapiński is perhaps the most expensive president in the world when it comes to central banks.” – Of course, the chairman of the Federal Reserve can laugh about it, but in Poland nobody is laughing – he said.

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Read also: Glapiński earned more. We know the remuneration of the head of the NBP

How much do the presidents of the NBP and the Fed earn?

Adam Glapiński as president of the National Bank of Poland grossed over PLN 1.3 million in 2022 – results from the information published on the website of the central bank. This is an 18 percent increase over the previous year.

The full salary of the central bank governor was last year PLN 1,317,379 gross. For comparison, in 2021 it was PLN 1,115,739 gross, in 2020 – PLN 946,871, and in 2019 – PLN 794,771.

Fed chairman Jerome Powell, in an interview with investor David Rubenstein, admitted that he earns about $ 190,000 a year (which, when converted into the Polish currency, is currently about 815,000 zloty). What’s more, he said that the salary he receives is fair, reported the most important business media in the world.

In turn, according to the Federal Reserve website, the salary of the Fed chairman in 2019 was set at $ 203,500. per year (around 875,000 zloty), and board members – at $ 183,100. annually (approx. PLN 785,000).

Main photo source: PAP/Mikołaj Kuras

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