BZ WBK appoints new CEO

Polish lender Bank Zachodni WBK, a unit of Spain's Banco Santander, has appointed Michal Gajewski as its new CEO after Mateusz Morawiecki, the former head of the bank quit to become deputy prime minister, the bank said late on Monday. Gajewski graduated from the University of Poznań, Chicago's Northwestern University and London Business School. Between 1992-2008 he worked at BZ WBK, where he climbed up the corporate ladder. Subsequently, he became a member of the board at Millenium Bank.