Acting as a member of the management board of a financial institution is an area of particular interest to the Polish Financial Supervision Authority, which is reflected, among others, in indication of legal requirements that must be met by a member of the board, including the obligation of the Polish Financial Supervision Authority to approve the appointment of the president of the management board. The article presents the extremely important position of the Supreme Administrative Court, contained in the judgment of 31 October 2019 (ref. no. II GSK 2725/17) according to which (contrary to the current line of jurisprudence) a person subject to such approval has a legal interest because the content of the decision of the Polish Financial Supervision Authority directly shapes the situation of a natural person (a candidate for the position of a member of the management board or the president of the management board). Thus, the presidents of management boards of financial institutions subject to the approval procedure were granted subjectivity as part of the administrative procedure.