PZU Appoints BofA Banker as CEO of Poland's Largest Insurer

  • Insurer faces pressure on earnings from new tax, lower income
  • Shares in the company have dropped 5.6 percent this year

PZU SA appointed Michal Krupinski, an executive at Bank of America Inc. and former deputy treasury minister, as chief executive officer of Poland’s largest insurer, in the latest change as Poland’s new government extends its influence over the economy.

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