The Supervisory Board of PZU SA on January 27 dismissed Artur Olech from the company’s Management Board, the company announced on its website.
Also, at the same time, a resolution was passed to delegate Andrzej Klesik, a member of the Supervisory Board of PZU SA, to temporarily act as president of the Management Board of PZU SA until the appointment of the president of the Management Board of PZU SA, but for a period not exceeding three months.
Both decrees entered into force upon adoption, the report emphasized.
According to the report, Andrzej Klesik is a graduate of the Catholic University of Lublin, Faculty of Social Sciences, (specializing in economics), and Harvard Business School, where he received an MBA degree. In addition, he has attended numerous training courses abroad related to the financial sector and management, including global training for partners and managing directors of The Boston Consulting Group. He has significant consulting experience in the financial and insurance sectors.
In particular, he has served as President of the Board of Inteligo Financial Services SA., Managing Director of The Boston Consulting Group in Warsaw, Member of the Board of Management of Bankgesellschaft Berlin Polska, President of the Board of Management of PZU SA, Deputy Chairman of the Supervisory Board and Chairman of the Audit Committee at NKBM Maribor, Chairman of the Supervisory Board of Best SA., led the first wave of restructuring of Ethnika, the largest insurance company in Greece, and since 2020 he is Managing Partner at Cornestone Partners, where he is responsible for several portfolio companies.
He also led the IPO of PZU, the largest IPO on the Warsaw Stock Exchange at the time.
PZU Group is one of the largest financial institutions in Poland and Central and Eastern Europe. The Group is led by Powszechny Zakład Ubezpieczeń SA (PZU), a company listed on the Warsaw Stock Exchange (GPW). The beginning of PZU brand traditions is considered to be 1803, when the first insurance company in Poland was founded.
In Ukraine it is represented by insurance companies “PZU Ukraine” and “PZU Ukraine Life Insurance”.
