June 2, 2023


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A revolution in the board of Allure Bank, it's time for the Bekau people

A revolution in the board of Allure Bank, it’s time for the Bekau people

This is another change at the highest level and in a short period of time at Allor Bank – after its departure to PKO BP, Iona Duda Chairman, Maciej Brzozowski, Vice President, as of October 23, headed the bank.

– On November 10, 2021, the Supervisory Board appointed Grzegorz Olszewski to the Board of Directors of the Bank for the position of Vice-Chairman of the Board, with effect from November 11, 2021. At the same time, the Board appointed Grzegorz Olszewski to the position of Chairman, subject to approval by the Polish Financial Supervisory Authority and on the day the approval was issued, The bank wrote in a statement shortly before midnight on Wednesday. Grzegorz Olszewski manages the business of the Board of Directors until approval of the Polish Financial Supervisory Authority.

By decision of the Supervisory Board, the new members of the Board of Directors and Vice-Presidents of the Bank will be: Rafał Litwińczuk (starting from 15 November); Marek Majesk (from November 16) and Bowie Timchizen (from November 11, 2021).


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The new head of Allor Bank, Grzegorz Olszewski, in 2019-2020 worked at Bank Pekao as a member and deputy chairman of the bank’s board of directors, previously associated with the PZU group including. As Director of PZU Życie Investment Products Sales Office and Advisor to the President of PZU. Previously, he worked at Allure Bank, where he supported the implementation of new competitive solutions in the areas of investment funds, treasury products and the forex market. In 2012, he took over as Director of Investment Products Sales at Alior Bank’s Brokerage House, where he carried out, among other things, the IPO of Alior Bank, the promotion of the Alior Trader platform or the provision of an investment advisory service.

Rafał Litwińczuk was a member of the Board of Directors of Pekao Bank Hipoteczny from July 2018 to November 2021Where he oversaw the field of finance.

As of April 2019, Marek Majesk is the Managing Director of Pekao Bank’s Corporate Client Division.

To date, Paweł Tymczyszyn has been an agent and director of the Corporate Services division of Bank Pekao. Managing the legal department (including services for Pekao Group companies), purchasing department, real estate department, banking department. Previously, he held the position of Managing Director of the Legal Department of Pekao Bank.

The fact that the new members of the board of directors of Allure Bank were associated with Bekao Bank is not accidental – almost 32 per cent. Alior shares are owned by PZU, which in turn controls 20%. Pekao Bank shares.

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