The Commission’s press release noted that the decisions were taken on Thursday, 18 July 2024.
New CEOs
“The Commission unanimously agreed to appoint: Artur Olech for the position President of the Management Board of the General Insurance Institution; Mirosław Czekaj for the position of President of the Management Board of Bank Gospodarstwa Krajowego; Bartosz Kublik for the position of President of the Management Board of Bank Ochrony Środowiska SA; Jarosław Mastalerz for the position of President of the Management Board of Powszechny Zakład Ubezpieczeń na Życie SA” – stated in the KNF press release.
In addition, the KNF agreed to the appointment Tomasz Grabowski for the position of president of the Cooperative Bank in Biecz. The announcement also stated that the Polish Financial Supervision Authority had approved the appointment of Krzysztof Łyskawa to the position of a member of the management board responsible for risk management at AGRO Ubezpieczenia – Towarzystwo Ubezpieczeń Wzajemnych and Jolanta Łotoszyńska to the position of a member of the management board of Vienna Powszechne Towarzystwo Emerytalne SA Vienna Insurance Group.
PZU Supervisory Board At the end of March this year, it announced the appointment of Artur Olech to the management board, entrusting him with the function of the company’s president, subject to obtaining the consent of the Polish Financial Supervision Authority. It was announced at the time that until such time as consent is obtained, Olech will be the company’s acting president.
Miroslaw Wait was appointed to the position of president of Bank Gospodarstwa Krajowego by Prime Minister Donald Tusk in mid-April this year. It was also announced at that time that Marta Postuła was the first vice-president of the management board of BGK.
Bartosz Kublik the supervisory board of Bank Ochrony Środowiska appointed him vice-president and entrusted him with managing the work of the management board at the beginning of April this year. At the same time, he was appointed president, subject to the consent of the Polish Financial Supervision Authority.
In mid-April, the Extraordinary General Meeting of PZU Życie dismissed the company’s supervisory board and appointed a new one, which on Friday changed the management board. Jarosław Mastalerz became acting president.
The Capital Group of Powszechny Zakład Ubezpieczeń is the largest financial institution in Poland and Central and Eastern Europe. The company has been listed on the Warsaw Stock Exchange since 2010. The group manages approximately PLN 300 billion in assets and provides services to approximately 22 million customers in five countries. The State Treasury has approximately 34.2 percent of shares in PZU.
National Economy Bank is a Polish development bank, whose 100% shareholder is the State Treasury. BGK is part of the Polish Development Fund. BGK’s task is to support the socio-economic development of Poland, as well as the export and foreign expansion of Polish companies. It has 16 branches in Poland and representative offices in Brussels, London, Frankfurt am Main and Amsterdam. BGK is, among others, the originator, co-founder and main shareholder of the Three Seas Fund.
PZU Życie is a subsidiary of the largest Polish insurer PZU. It specializes in life insurance, has over 30 percent market share, measured by the value of gross written premium and over 11 million customers. (PAP)