Insurer PZU appoints former treasury minister CEO

Poland's Ministry of Treasury has appointed Michal Krupinski, a former deputy treasury minister, as CEO of state-owned insurer PZU S.A., reported Reuters.

Mr. Krupinski replaces Andrzej Klesyk who served as the head of PZU for eight years.

Mr. Krupinski was also a director at the World Bank and the Bank of America Merrill Lynch.

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