Pole to head Amplico Life for the first time
He will be the first Pole to fill the position in the company's history in Poland. The new president's chief plan is to continue the company's current strategy which has managed to improve Amplico's results since a quite poor period in 2004. "The source of our success is balanced development of our four sources of distribution: our own network, financial institutions, brokers, and individual agents," said Pastuszka. He went on to reveal that he hopes the company will manage to collect at least zl.1.5 billion in premiums this year. This 20% growth in revenues is to be triggered by investment products offered by Amplico Life. In Q1 this year the company, however, posted net profits of zl.60.5 million, a drop of 17.8% compared to the same period a year earlier. (Puls Biznesu, pp.1, 8) A.K.