Mr Bauc is a graduate of the University of Łódź and the University of Windsor in Ontario, Canada. He was an intern at the London School of Economics and Wirtschafts-Universitat Wien. Mr Bauc holds a PhD in Economics from the University of Łódź.
In the years 1982-1991, he was an academic at the University of Łódź. In the years 1992-1997, he was an advisor and a project manager at the Center for Social and Economic Research (CASE), where he was a consultant of the National Bank of Estonia (in 1995), he worked as a USAID advisor at the Ministry of Finance of Mongolia (in 1996), Ministry of Finance of Romania (in 1997) and in Georgia (2000). From 1998 to 2000, he was a Secretary of State and First Deputy Minister of Finance at the Polish Ministry of Finance. In the years 1998-2000, he was a member of the Monetary Policy Council. From 2000 to 2001, he was Minister of Finance in Poland.
He served on a number of management and supervisory boards of companies. In particular, he was the president of management boards of Powszechne Towarzystwo Emerytalne Skarbiec – Emerytura S.A. (in the years 2002-2003), Skarbiec Investment Management S.A. (in the years 2004-2005), Skarbiec Asset Management Holding S.A. (in the years 2004-2006) and Skarbiec Towarzystwo Funduszy Inwestycyjnych S.A. (in the years 2004-2006). In addition, in the years 2006-2007 and 2008-2011 he held the position of the president of the management board and General Director of Polkomtel S.A. and, subsequently, until the end of March 2012, he was a management board member in that company. From August to December 2013 he was a deputy president of the management board of HAWE S.A. From December 2013 until December 2015, he has been a vice-president of the management board of Polskie Górnictwo Naftowe i Gazownictwo S.A.
Jaroslaw Bauc has been a member of the Supervisory Board of BNP Paribas Bank Polska S.A. since 1 July 2010 and since 30 August 2010 he has been its deputy chairman.
Since September 2014, he has been a member of the Supervisory Board of Bank Gospodarki Żywnościowej S.A. and from 2015 to December 2020 he was the Vice-Chairman of the Supervisory Board of BNP Paribas Bank Polska S.A.
Mr Jarosław Bauc meets requirements of Art. 22aa of the Banking Law Act dated 29 August 1997 (as amended).