Crunch meeting over future of Pekao and Bank BPH

Polish banking experts are already considering which of the management boards will take control over the new entity, as this will influence future development of the bank. The question of personnel and how the reshuffle will be handled is of interest to both analysts and the banks' competitors. Everyone is convinced that the merger will be carried out by the management of Pekao. "I believe that the post of the president will require a compromise. Current heads of Pekao and BPH will take the posts of the CEO and first deputy president, respectively or similar to the headquarters - president and head of the supervisory board," claimed an independent analyst. (Puls Biznesu, pp. 1, 4-5) M.M.