The Supervisory Board of PKO Bank Polski conditionally appointed Iwona Duda President of the Bank's Management Board. The condition for an effective appointment is obtaining consent of the Polish Financial Supervision Authority. Until such consent has been secured, Duda will be the vice – president of the managment board of PKO Bank Polski, managing the work of the management board. Duda will take over on October 23. Until now, she was the President of the Management Board of Alior Bank. The Supervisory Board also appointed Wojciech Iwanicki to the position of vice-president of the Bank’s management board.
PKO Bank Polski is the undisputed leader of the Polish banking sector, and the value of its assets is nearly PLN 393 billion. In the first half of 2021, it generated PLN 2.4 billion of net profit. The company serves 11 million retail customers. It is the primary provider of financial services for all customer segments, achieving the highest market shares in savings (18.1%), loans (17.4%), in the mortgage market (around 20%) and in the market of private individuals' mutual funds ( 19.4 percent). Thanks to the development of digital tools, including the IKO application, which already has over 5.7 million active applications, PKO Bank Polski is the most mobile bank in Poland. The company strengthens its foreign presence through corporate branches operating in Germany, the Czech Republic and Slovakia, and through KredoBank operating in Ukraine.