Bielecki to replace Wiśniewska at Bank Pekao

Maria Wiśniewska, the President of Bank Pekao, will leave her post on September 30 and be replaced by a former Prime Minister and the current director of EBRD Jan Krzysztof Bielecki. Wiśniewska has not revealed the reasons for resignation, but said her decision was not caused by conflicting development strategies within the bank. "I believe that Pekao's strategy dating from 1998 has been successfully completed," said Wiśniewska. She added that she was not retiring, but so far had not found another job. It is unclear whether further changes to the bank's management board would be made, but Pekao's spokesman said that,"The new president would decide on this issue." He added that as previously expected deputy president, Paolo Fiorentino, will be replaced by Luigi Lovaglio, the deputy president of Bulgarian Bulbank. (Parkiet, July 26-28, pp. 1) M.M.