Bank Pekao named recently appointed board member Michal Krupinski as its CEO in waiting, pending regulatory approval, the bank said in a correction of a prior market filing.
Pekao had initially indicated only that Krupinski would be named to the board, naming him a deputy CEO.
Krupinski replaces long-time Pekao leader Luigi Lovaglio at the post. Deputy CEOs Diego Biondo and Stefano Santini resigned from their posts.
The changes follow the takeover of the bank from Italy’s Unicredit by the Polish consortium of state-controlled listed insurer PZU and the state investment vehicle PFR.
Krupinski had been appointed as CEO of PZU in January 2016 and was dismissed in March 2017.
