Róża Milic- Czerniak is an associate professor at the private economic university in Warsaw and is a member of the Banking Ethics Commission at the Association of Polish Banks. Previously, she has held a number of managing positions in one of the largest banks in Poland, where she was responsible for developing capital management, product management and client profitability concerning costs of risk, capital and costs allocation. She also participated in several projects, for example on the introduction of ICAAP, etc. Prior to joining the bank, she worked at the Institute of Philosophy and Sociology of the Polish Academy of Science in Warsaw, where she researched economic behavior of households, including in periods of transition (participating in international surveys and projects). She is the author of several books and research papers and spent one and a half year in Germany (at the Hohenheim University in Stuttgart and University of Kiel) under the Alexander von Humboldt-Stiftung scholarship.