Bank BPH President resigns; new one appointed

Richard Gaskin, the President of the Management Board of Bank BPH, has resigned from his position, the bank informed in a market filing on Tuesday. Additionally, five Deputy Presidents of the Management Board stepped down: Grażyna Utrata, Andras Bende, Mariusz Kostera, Mariusz Bondarczuk and Krzysztof Nowaczewski. As a  result, the Supervisory Board has appointed Grzegorz Jurczyk (the current Deputy President of the Management Board of Bank BPH) as the President of Bank BPH. Grzegorz Jurczyk graduated from the Warsaw School of Economics, majoring in Foreign Trade. From 2007 to 2009, he was Deputy President of the Management Board at GE Money Bank. After that he was the Deputy President of Bank BPH, responsible for the Marketing and Product Management Division and Sales Division. Since January 2013, Grzegorz Jurczyk has been responsible for the Commercial Banking Divison.