WARSAW, June 14 Supervisory board at Poland's second-largest lender Bank Pekao SA dismissed on Wednesday its Chief Executive Officer Luigi Lovaglio following a takeover by state-run entities of the bank from Italian UniCredit.
The bank said in a statement that former CEO at Poland's biggest insurer PZU SA, Michal Krupinski, was named deputy CEO at Pekao.
Krupinski served as PZU CEO at the time when the state-run insurer along with the state-controlled fund PFR decided to buy a decisive stake at Pekao. (Reporting by Marcin Goclowski; Editing by Lidia Kelly)
REFILE-India's Infosys says reassessing long-term goals due to tougher market
Bengaluru, June 24 Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.