CEO of Poland’s second-largest lender resigns

Krupiński motivates his decision with the desire to continue his career outside of Poland. Rafał Guz/PAP

CEO of Bank Pekao SA, the country's second largest bank by assets, Michał Krupiński tendered a resignation effective immediately on Friday, motivating his decision with the desire to continue his career outside of Poland.

Mark Lusztyn, deputy CEO for risk, was named by Pekao's supervisory board as the new acting CEO, the bank said in a Friday press release.

Prior to joining Pekao management board in 2017, Lusztyn had worked for nearly ten years in the international structures of the UniCredit Group, the then parent company of Bank Pekao.

At the same time, two vice presidents of the management board, Michal Lehmann responsible for supervision of operations, and Piotr Wietmanski, in charge of strategy, resigned from their positions, effective immediately and without giving any reasons.

Marcin Gadomski joined the bank's management board to fill the risk management post, Pekao said.