ZASADY DOTYCZĄCE COOKIES

Annual report 2021

About Bank

Organizational and management structure

GRI[
  • 102-11
  • 102-18
  • 102-22
]

Bank Pekao and entities of the Pekao Group have an organizational structure adapted to the size and specificity of their operations. The scope of powers of the company’s governing bodies is set forth in legal regulations, and in particular in the Commercial Companies Code, the Banking Law Act, in the recommendations of supervisory bodies and in the Articles of Association of Bank Polska Kasa Opieki Pekao Spółka Akcyjna (hereinafter referred to as the Articles of Association): “Articles of Association of Bank Pekao”) as well as company statutes / agreements and internal regulations of Pekao Group entities.

General Meeting of Shareholders

The supreme authority of Pekao Bank is the General Meeting of Shareholders, which operates on the basis of the Commercial Companies Code and Pekao Bank’s Articles of Association.

The scope of competences of the General Meeting of Shareholders is defined in legal provisions, in particular, in the Code of Commercial Companies and the Banking Law, in recommendations of supervisory bodies and in the Bank Pekao Articles of Association. Resolutions are adopted by an absolute majority of votes, subject to the provisions of the Commercial Companies Code and of the Articles of Association of Bank Pekao.

Supervisory Board

The Supervisory Board exercises constant supervision over the activities of Pekao Bank. It is composed of seven to nine members appointed by the General Meeting for a joint term of three years. The organization and the manner of operation of the Board are specified in the Regulations of the Supervisory Board of Bank Polska Kasa Opieki Pekao Spółka Akcyjna.

The composition of the Bank’s Supervisory Board is as follows:

AS OF THE DATE OF THE REPORT FOR 2021 31/12/2021
Beata Kozłowska-Chyła
Chairperson of the Supervisory Board
Beata Kozłowska-Chyła
Chairperson of the Supervisory Board
Joanna Dynysiuk
Vice-Chairperson of the Supervisory Board
Joanna Dynysiuk
Vice-Chairperson of the Supervisory Board
Małgorzata Sadurska
Vice-Chairperson of the Supervisory Board
Małgorzata Sadurska
Vice-Chairperson of the Supervisory Board
Stanisław Ryszard Kaczoruk
Secretary of the Supervisory Board (independent member)
Stanisław Ryszard Kaczoruk
Secretary of the Supervisory Board
Sabina Bigos-Jaworowska
Member of the Supervisory Board (independent member)
Sabina Bigos-Jaworowska
Member of the Supervisory Board
Justyna Głębikowska-Michalak
Member of the Supervisory Board (independent member)
Justyna Głębikowska-Michalak
Member of the Supervisory Board
Michał Kaszyński
Member of the Supervisory Board (independent member)
Michał Kaszyński
Member of the Supervisory Board
Marian Majcher
Member of the Supervisory Board (independent member)
Marian Majcher
Member of the Supervisory Board
Marcin Izdebski
Member of the Supervisory Board
Marcin Izdebski
Member of the Supervisory Board

The Supervisory Board performs its duties on a collegial basis; however, in order to perform certain actions or to streamline its work it may appoint committees and teams from among its members. In addition, the Board may delegate one or more members of the Supervisory Board to exercise independent supervision to the extent determined by the Supervisory Board. The following functions within the Supervisory Board of Bank Pekao: Audit Committee, Nominating and Compensation Committee and Risk Committee. The committees appointed by the Supervisory Board submit annual activity reports to the Supervisory Board.

Management Board

The Management Board of Pekao Bank manages the Bank’s affairs and represents the Bank. All matters that are not restricted by law or the Articles of Association of Bank Pekao, to the competence of other bodies, fall within the scope of activities of the Bank’s Management Board. The Management Board is composed of five to nine members, appointed for a joint three-year term of office.

The Board of Directors of the Bank consisted of nine members and was as follows:

AS OF THE DATE OF THE REPORT FOR 2021 31/12/2021

Leszek Skiba
President of the Bank’s Management Board

Leszek Skiba
President of the Bank’s Management Board

Jarosław Fuchs
Vice-President of the Bank’s Management Board

Jarosław Fuchs
Vice-President of the Bank’s Management Board

Marcin Gadomski
Vice-President of the Bank’s Management Board

Marcin Gadomski
Vice-President of the Bank’s Management Board

Jerzy Kwieciński
Vice-President of the Bank’s Management Board

Jerzy Kwieciński
Vice-President of the Bank’s Management Board

Paweł Strączyński
Vice-President of the Bank’s Management Board

Paweł Strączyński
Vice-President of the Bank’s Management Board

Błażej Szczecki
Vice-President of the Bank’s Management Board

Błażej Szczecki
Vice-President of the Bank’s Management Board

Wojciech Werochowski
Vice-President of the Bank’s Management Board

Wojciech Werochowski
Vice-President of the Bank’s Management Board

Piotr Zborowski
Vice-President of the Bank’s Management Board

Piotr Zborowski
Vice-President of the Bank’s Management Board

Magdalena Zmitrowicz
Vice-President of the Bank’s Management Board

Magdalena Zmitrowicz
Vice-President of the Bank’s Management Board

  • President of the Bank Management Board Leszek Skiba convenes and chairs meetings of the Bank Management Board, presents the position of the Bank Management Board to the Bank authorities and in external relations, in particular to the State authorities. Leszek Skiba, President of the Management Board of the Bank, coordinates the work of the members of the Management Board of the Bank, issues orders in accordance with the provisions of the Bank’s internal regulations.
  • The President of the Management Board of the Bank supervises the following areas of the Bank’s operations: internal audit, compliance risk, corporate communication, investor relations, security, legal risk, strategic projects, human resources management, as well as macroeconomic analyses and digital transformation.
  • The President of the Bank’s Management Board, Leszek Skiba, is appointed as the Member of the Management Board responsible for the implementation of the obligations set out in the Act on counteracting money laundering and financing of terrorism.
  • Marcin Gadomski, Vice President of the Management Board of the Bank, supervises the activities of the Risk Management Division and is responsible for overseeing the risk management process (banc assurance).
  • Vice-President of the Management Board of the Bank, Paweł Strączyński, supervises the activities of the Financial Division and has been appointed as a member of the Management Board to whom violations will be reported and who will be responsible for the day-to-day operation of the Breach Reporting Procedure (the so-called whistleblowing).
  • Jerzy Kwieciński, Vice President of the Management Board of the Bank, supervises the activities of the Corporate Banking, Markets and Investment Banking Division.
  • Wojciech Werochowski, Vice President of the Bank’s Management Board, supervises the activities of the Retail Banking Division.
  • Magdalena Zmitrowicz, Vice President of the Management Board of the Bank, supervises the activities of the Corporate Banking Division.
  • Jarosław Fuchs, Vice President of the Management Board of the Bank, supervises the Private Banking and Investment Products Division
  • Piotr Zborowski, Vice-President of the Management Board of the Bank, supervises the Strategy Division.
  • Błażej Szczecki, Vice-President of the Management Board of the Bank, supervises the activities of the Technology and Operations Division and coordinates activities aimed at appropriate risk management regarding the ICT environment security.

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