COURTESY OF BRE BANK
Poland's state-owned investment vehicle, Polskie Inwestycje Rozwojowe, which is to manage the Polish Investments program, finally has a CEO. The company's supervisory board has appointed Mariusz Grendowicz, the former chief executive of BRE Bank, to the post.
The Treasury Ministry had earlier stated that it would look for a banker with investment experience to head the vehicle. The competition was announced in January and 14 candidates applied.
Mariusz Grendowicz was recently a management board member at Bank BPH and a supervisory board member in companies from the Aviva insurance group. In 2008-2010, he headed Commerzbank's subsidiary BRE Bank.
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