Appearing CEO of Poland’s largest financial institution PKO BP resigns


April 6 (Reuters) – Poland’s largest financial institution PKO BP’s (PKO.WA) appearing Chief Govt Pawel Gruza will step down from his function on April 12, the financial institution mentioned on Thursday.

Gruza plans to remain on the financial institution’s administration board and proceed serving within the function of vice-president of the administration board however is not going to search the chief govt place or proceed to handle the work of the administration board, it mentioned.

Gruza had been awaiting approval from the nation’s regulator (KNF) to take over the CEO function ever since he was appointed appearing CEO on Aug. 9.

The gave no motive on Thursday for his determination to step down as appearing CEO.

The transfer marks the fourth departure on the high of PKO BP since Could 2021, when Zbigniew Jagiello shocked the market by resigning as chief govt after 12 years on the helm.

Since his departure, PKO BP has already had three CEOS: Jan Emeryk Rosciszewski, adopted by Iwona Duda after which appearing chief Gruza.

Reporting by Patrycja Zaras; enhancing by Jonathan Oatis and Susan Fenton

Our Requirements: The Thomson Reuters Belief Rules.