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Former PM appointed PKO BP chief executive officer

The news ends weeks of intense speculation about the future of the former Prime Minister following his defeat in the Warsaw mayoral race last month. After the departure of its former CEO and three other senior board members in October, PKO BP has been headed by acting CEO Slawiomir Skrzypek, a close associate of Lech Kaczynski. Political support means he is set to win approval of the supervisory board, but KNB, the banking regulator, which must vet the appointment, could raise concerns about his lack of experience in senior management or banking. To sidestep this, Marcinkiewicz could be appointed 'acting CEO'. (Gazeta Wyborcza, p.1) R.M.

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