PZU insurer dismisses CEO Michal Krupinski, appoints Marcin Chludzinski as acting CEO

Listed insurer PZU saw its supervisory board dismiss CEO Michal Krupinski and name supervisory board member Marcin Chludzinski as acting CEO for an up to three-month period, the company said.“The Management Board of Powszechny Zakład Ubezpieczeń Spółka Akcyjna (PZU SA) hereby reports that on 22 March 2017 the Company’s Supervisory Board dismissed, effective as of 22 March 2017, Mr. Michał Krupiński from the function of President of the PZU SA Management Board. The resolution took force on the date of its adoption. The resolution does not contain information on the reasons for this dismissal” – we read in PZU Current Report No. 24/2017.