Paweł Pytel has been appointed chairman of the board and Marcin Żółtek has been named as a member of the board of Aviva Powszechnego Towarzystwa Emerytalnego (Universal Pensions Company) Aviva BZ WBK SA. The decision was taken at the company’s AGM.
Paweł Pytel was a member of the board and the finance director of Aviva PTE. He has been acting as chairman of the company since 4 September 2009.
He graduated from the Warsaw University of Technology and completed postgraduate studies at the University of Amsterdam. He received a Master of Science in Business from the Business School at the Warsaw University of Technology. Between 1995 and 2000 he worked in the financial services department at PricewaterhouseCoopers where he specialised in auditing insurance companies. Between 2000 and 2007 he was deputy director of the finance department at Commercial Union Polska – Towarzystwa Ubezpieczeń na Życie (Life Insurance Company) SA. From the start of 2008 he was financial director at Aviva PTE and he has been a member of the board since March 2008.
Marcin Żółtek, who has been appointed as a member of the board, is an investment director at Aviva PTE.
Marcin Żółtek graduated in applied mathematics from the Department of Mathematics, IT and Mechanics at the University of Warsaw. He completed a number of courses, including: risk management, Derivative University LSE, bank evaluation. Between 1993 and 1998 he worked at the Mathematics Department at the University of Warsaw. He then worked in the Debt Instruments Department and the Company Finance Centre at Bank Pekao SA for a year. He has worked as a securities market analyst in charge of the securities portfolio and as an investment director at Commercial Union PTE (now Aviva PTE) since May 1999.
The appointment of Marcin Żółtek as a member of the board will require the approval of the Financial Supervisory Committee.
