April 6 (Reuters) – Poland’s largest financial institution PKO BP’s (PKO.WA) performing Chief Government 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 won’t 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 performing CEO on Aug. 9.
The gave no cause on Thursday for his resolution to step down as performing CEO.
The transfer marks the fourth departure on the prime of PKO BP since Could 2021, when Zbigniew Jagiello stunned 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 performing chief Gruza.
Reporting by Patrycja Zaras; modifying by Jonathan Oatis and Susan Fenton
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