2025-08-28 12:00
publication
2025-08-28 12:00
The change in the position of the President of PZU does not affect the schedule and does not suspend preparations for reorganization within the group, PZU is currently in the preparation phase to divide – said Tomasz Tarkowski, a member of the board temporarily performing the duties of the President of PZU.
“The change in the position of the president does not affect the schedule or stops the preparation. We are currently during work, we maintain the continuity of management not only in this project, but in all others. We are currently in the preparation phase to divide” – said Tarkowski at the conference.
Tomasz Tarkowski is the head of the company after early August, the supervisory board dismissed the current president of the company Andrzej Klesyk.
The Ministry of State Asset has justified appeal by the need for a more effective implementation of the development strategy. The process of searching for a new president began, the deadline for accepting applications in the competition is on September 5, 2025. Tarkowski announced on Thursday that he would not participate in this competition.
At the beginning of June, PZU SA and Bank Pekao signed a cooperation agreement, which will ultimately lead to reorganization and increase in the efficiency of the capital group. It was stated that the effect of a potential transaction would be the release of a capital surplus of up to PLN 20 billion.
The new group is to be the head of the bank, not the insurer. To achieve this, it will first be necessary to divide PZU SA by separating the holding company and in 100 percent. A company that has been dependent on her operating activities in the field of property and other personal insurance. Then the PZU SA holding company will be combined with Bank Pekao SA as a acquiring entity. Ultimately, one company will be listed on the WSE.
Shareholders of PZU SA (holding company) will receive Pekao shares currently owned by PZU, as well as the newly broadcast Pekao shares.
According to the memorandum, the implementation of this transaction, i.e. the merger of the Bank Pekao and PZU, after separating the operational activity, is to take place until June 30, 2026 (PAP Biznes)
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