Alior appoints board member Chyczewski as CEO

WSE-listed, state-owned lender Alior Bank appointed board member Michał Chyczewski to become the bank's new CEO, pending Financial Supervision Authority (KNF) approval. Chyczewski was appointed to the company's board last week. He replaces Alior's founder and long-time CEO Wojciech Sobieraj who stepped down, following bank's takeover by state-owned lender PZU. “The bank will remain a growing institution, building its competitive advantage based on technological innovation,” Chyczewski said in a press statement.