Home » Business » PZU Appoints Bogdan Benczak as President – Key Details

PZU Appoints Bogdan Benczak as President – Key Details

by Priya Shah – Business Editor

PZU Names ​Bogdan Benczak as New President ⁣of⁣ the Management Board

Warsaw – The supervisory board of Worldwide Insurance Company, a joint-stock company, has appointed Bogdan ‌Benczak as the​ new President of the Management Board of PZU SA, effective September 24, 2025. The⁢ appointment is contingent upon approval from the Polish Financial Supervision Authority (KNF).

Until KNF ⁢approval is granted,Benczak has been entrusted with the duties of the President​ by the Supervisory Board,to the extent permitted by law. The resolution appointing Benczak is effective immediately and the term⁢ will last for three years, beginning September 25, 2025.

Benczak brings extensive experience in the insurance sector, including previous roles within the PZU Group. From 2008-2015,he led the Foreign Operations Office and the PZU Business Advancement Office. he also served as president of UAB PZU Lietuva (2010-2014) and UAB PZU Lietuva Gyvybes Draudimas⁢ (2009-2017), and managed AAS Balta as president ‍(2014-2017) while together serving as managing director for foreign operations ⁢at PZU SA.

Prior to returning to PZU, Benczak held positions including a board⁣ member at AB Lietuvos Draudimas (2015-2017), a member of the board and president of Ergo Insurance SE and Ergo Life insurance SE (2018-2022), and general⁤ director at ADB Gjensidige Lietuva (2023-2024). ‌As of February 2025, he was the managing director of ‌corporate affairs within the PZU Group.

Benczak is a graduate of the Faculty of Law at the university of‍ Warsaw, and has completed post-graduate studies at the academy of ‌Economics in Krakow and an MBA program at the University of Gdańsk.

The appointment follows reported dissatisfaction from PZU employees, ​represented by trade ⁤unions, who expressed concerns ⁣to the⁤ Ministry of ​State assets regarding the actions of ⁢the previous president, as reported by Strefainwestorow.pl. These concerns centered on changes to annual prize principles and critical comments regarding remote work.

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