Supervisory Board

Wojciech Kostrzewa (President of the Supervisory Board, idependent)

Entrepreneur and manager with experience in the financial, media, and technology sectors.

President of the Polish Business Roundtable and a member of the Main Council of the Lewiatan Confederation. Shareholder of Billon Group Ltd and owner of Wydawnictwo Pascal sp. z o.o. Member of the board of directors of Stadler Rail AG, vice-chairman of the supervisory board of ERGO Hestia SA, member of the supervisory board of Gremi Media SA, and member of the advisory board of Squirro AG.

From 1999 to 2018, affiliated with the ITI Group as a member of the board of directors, president, and CEO. From 2005 to 2017, chairman and vice-chairman of the supervisory board of TVN SA. From 2020 to 2022, a member of the supervisory board of CANAL+ Polska SA.

Between 1990 and 2004, president and vice-president of BRE Bank SA (mBank), member of the regional board of Commerzbank AG, and president of the Polski Bank Rozwoju SA. Advisor to Minister of Finance Leszek Balcerowicz from 1989 to 1991. From 1984 to 1991, successively an assistant and research associate at the University of Kiel (Germany). Graduated in economics from the University of Kiel and also studied law at the University of Warsaw.

Wojciech Kostrzewa meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Jan Zimowicz (Vice-President of the Supervisory Board)

A manager with nearly 15 years of experience as a member of the management board or in managerial positions of leading insurance companies and banks belonging to international capital groups - Aegon, Nationale-Nederlanden, and Credit Agricole. From 2023 to 2024, he was a member of the supervisory board of a financial advisory company. Since April 2024 – a Member of the Management Board of PZU S.A.

Jan Zimowicz specializes in sales and marketing management, development of insurance products, executing merger and acquisition processes. He has experience in creating business strategies for large companies, digitization and implementation of extensive IT systems gained at Oracle and Accenture.

Author of publications in sector-specific media and frequent participant of panels and member of the Insurance Forum Program Council. He has extensive expert knowledge and experience in the field of insurance market rules, legal regulations, and supervisory guidelines. A long-term member of the Life Insurance Committee at the Polish Insurance Association.

Jan Zimowicz is a graduate of the Warsaw School of Economics in International Economic and Political Relations and the Warsaw University of Technology at the Faculty of Electronics and Information Technology. He holds an Executive MBA diploma issued by the Business School of the Warsaw University of Technology in cooperation of HEC Paris, London Business School, NHH Norwegian School of Economics. He also completed a senior management program at Singularity University in Mountain View, California.

Jan Zimowicz meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Radosław Grabowski (Member of the Supervisory Board, independent)

Professor, habilitated doctor of legal sciences, academic teacher, legal advisor, scientist - specialist in constitutional and comparative law. Initially (since 1997) associated with the UMCS Branch in Rzeszów, currently with the University of Rzeszów, employed at the Institute of Legal Sciences of the University of Warsaw, currently heads the Department of Constitutional Law. Reviewer in habilitation and doctoral proceedings, supervisor of doctoral and master's theses.

Author, co-author, and editor of almost 200 scientific publications - monographs, collective studies, articles, reviews, and glosses. Expert and author of dozens of legal opinions for numerous central administration authorities, including the Sejm, the Senate, the President of the Republic of Poland, the Supreme Audit Office. An active participant in many national and international scientific projects, currently the manager of a project aimed at creating a publicly available Internet Service for Civic Education. Co-founder and scientific secretary of the Review of Constitutional Law magazine.

Radosław Grabowski meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Maciej Gutowski (Member of the Supervisory Board, independent)

Prof. Maciej Gutowski graduated from the Faculty of Law and Administration of the Adam Mickiewicz University. He earned a Master of Laws degree in commercial law from the Central European University in Budapest, earned his doctorate and then obtained his habilitation in civil law.

In 2015 he was awarded the title of professor of law. He is an employee of the Department of Civil, Commercial, and Insurance Law at the Faculty of Law and Administration of the Adam Mickiewicz University. From 2013 to 2021, he was the dean of the Poznań Bar Association, from 2015 to 2018 he was the chairman of the editorial board of “Palestra - Pismo Adwokatury Polskiej” legal periodical, and from 2018 to 2021 he was the editor-in-chief. He runs his own law firm in Poznań. In 2016, he was awarded the Golden Paragraph 2015 for the best attorney by “Dziennik Gazeta Prawna” daily legal newspaper.

In 2017, he became a member of the program council of the Wiktor Osiatyński Archive and since 2017 he has been a member of the Social Codification Commission.

Prof. Maciej Gutowski meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Artur Kucharski (Member of the Supervisory Board, independent)

For 14 years, he has been an independent member of supervisory boards, including in public companies listed on the Warsaw Stock Exchange. In his duties, he chaired Audit Committees in 4 listed companies (including Alior Bank) and, as a member, participated in the work of advisory committees of supervisory boards - the risk committee, the nomination and remuneration committee, and the strategy and development committee.

Artur Kucharski is a graduate of the Warsaw University of Technology and the University of Westminister, he has experience in auditing, consulting, and supervision. In 2000 he became a member of ACCA and in 2011 received an Executive MBA.

Currently, Artur Kucharski is a member of the supervisory boards of the following companies: Asseco South Eastern Europe SA (since 2016), Budimex SA (since 2020), Asseco Data Systems SA (since 2022), and Grupa Azoty SA (since 2024). Previously, from 2002 to 2010, Artur Kucharski worked in the advisory department of PwC Polska sp. z o.o., and between 1995 and 2002 in PricewaterhouseCoopers sp. z o.o., as an auditor in the audit department.

Artur Kucharski meets all the requirements set out in Article 22aa of the Act of August 29, 1997. - Banking Law (Journal of Laws of 2023, item 2488).

Tomasz Kulik  (Member of the Supervisory Board)

A graduate of the Faculty of Finance and Management at the Warsaw School of Economics. He holds an MBA from the University of Illinois and completed the Warsaw - Illinois Executive MBA program. A member of The Association of Chartered Certified Accountants (ACCA) and graduate of the Advanced Management Program at Harvard Business School in Boston.

He has been involved in financial markets since the beginning of his professional career, where he held many positions in regulated institutions in the insurance, banking, and asset management sectors. He has been associated with the PZU Group since 2012, where he currently serves as the Group's Chief Financial Officer and a member of the Management Board supervising the areas of finance, data warehousing and information management, investments, capital management, and investor relations. In 2013-2016, he was the Financial Director, Member of the Management Board of TFI PZU SA responsible for finance, operations, and IT.

Previously, he was long-time associated with the Aviva Group (formerly Commercial Union), where he was responsible for areas related to financial controlling, risk management, and operations. He participated in and was responsible for projects related to the creation of the Aviva Direct brand and the development of the direct sales channel, as well as the establishment and development of the Aviva Services Excellence Centre, providing services related to modeling and actuarial analyses as well as financial reporting for Aviva Group companies.

Tomasz Kulik is also a member of the Supervisory Board as the Chairman of the Management Board of Towarzystwo Funduszy Inwestycyjnych PZU SA (TFI PZU SA).

Tomasz Kulik meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Waldemar Maj  (Member of the Supervisory Board)

A graduate of the Faculty of Technical Physics and Applied Mathematics at the Warsaw University of Technology, he holds a PhD in physics from the Institute of Physics of the Polish Academy of Sciences and an MBA from Harvard University. He worked in banks in the USA, Switzerland, and Poland and in the strategic consulting company McKinsey in Warsaw. He was an advisor to the Minister of Finance. In 2003-2005 he was the President of the Management Board of DZ Bank Polska SA, in 2005-2007 Vice-President of Bank BGŻ SA, in 2007-2008 Vice-President of the Management Board of PKN Orlen SA. Since 2009, he has his own business and sits on supervisory boards. Since January 31, 2025, he has been the Deputy Chairman of the Supervisory Board of PZU Życie SA.

Waldemar Maj meets all the requirements set out in Article 22aa of the Banking Law Act of August 29, 1997 (Journal of Laws of 2023, item 2488).

Robert Pusz (Member of the Supervisory Board)

Director of the Risk Department of PZU SA and PZU Życie SA responsible, among others, for shaping and implementing the risk management strategy, implementing appropriate policies, and risk management principles in the PZU Financial Conglomerate, comprising insurance companies and banks. Since the beginning of his professional career, his scope of work is in actuarial sciences and risk management.

For 26 years, he has been professionally involved in the insurance market, of which for over 20 years he has been working for the PZU Group. For the past 6 years, he has been the Director of the Risk Office in the PZU Group. Previously, for 2 years, he was responsible for risk management at Aegon TU na Życie SA and Aegon Powszechne Towarzystwo Emerytalne SA, including serving as a Member of the Management Board of the insurance company. Prior to this period, he was responsible for risk management at TUiR Allianz SA and TU Allianz Życie Polska SA for 3 years. In PZU Group companies, he is a Member of the Supervisory Board of TUW Polish Zakład Ubezpieczeń Wzajemnych and Chairman of the Supervisory Board of Polski Gaz Towarzystwo Ubezpieczeń Wzajemnych and Polski Gaz Towarzystwo Ubezpieczeń Wzajemnych na Życie. In the past, he was a Member of the Supervisory Board of Alior Bank SA, chairing the Risk Committee.

Licensed actuary. A graduate of the Faculty of Mathematics, Informatics, and Mechanics at the University of Warsaw, postgraduate studies in Business Insurance at the University of Economics in Krakow and in Spatial Information Systems at the Warsaw University of Technology. He obtained the Artificial Intelligence Professional Certificate from Stanford University. For several years, as a representative of the Polish Association of Actuaries in the Actuarial Association of Europe and chairman of the Solvency II Subcommittee in the Polish Insurance Association, he helped implement the Solvency II system. He was awarded for his services to insurance (PIA).

Robert Pusz meets all the requirements set out in Article 22aa of the Act of August 29, 1997. - Banking Law (Journal of Laws of 2023, item 2488).