PZU appoints Marcin Chludzinski as acting CEO

Poland’s biggest insurer PZU appointed supervisory board member Marcin Chludziński as the company’s acting CEO for the period of three months, the company announced. “Taking into account in particular good practices of corporate governance of public companies, the aim of the supervisory board is to assure professional and harmonious cooperation within the management and between the management and the supervisory board,” head of supervisory board Paweł Górecki said. Chludziński will replace Michał Krupiński who was dismissed on Wednesday. In a statement send to the press, Krupiński said that his dismissal came in a “crucial time” for the company, before the finalization of the Pekao SA takeover deal and before the works to issue PLN 3 billion bond tender have been finished.