OREANDA-NEWS. April 7, 2008. The Supervisory Board made a decision that the composition of the Management Board will be increased in number to five members and appointed Mrs Lidia Jablonowska-Luba to the position of Vice-President.

She will be responsible for finance and risk division (CFRO). The new Vice - President will take up this post as from April 15, 2008 onwards.

With the support of KBC as a strong and stable shareholder, Mrs Lidia Jablonowska-Luba will continue to pursue Kredyt Bank’s strategy and will focus on the further implementation of the bancassurance concept and the continued growth and development of the bank, together with the Country Team and the rest of the Management Board, in close co-operation with Warta, KBC Group NV’s insurance subsidiary in Poland.

Mrs Lidia Jablonowska-Luba graduated from Mathematics Institute of Gdansk University obtaining master degree. In the years 1994-2001 she was the Vice President of Schroder Salomon Smith Barney Polska. In 2002 she assumed the position of the Head of Financial Institutions & Public Sector Division in Bank Handlowy w Warszawie S.A. responsible for marketing and risk management for banks, insurance companies, pension and investment funds as well as public sector institutions. From November 2003 to March 2008 she was a Member of the Management Board and Chief Financial Officer of Bank Handlowy w Warszawie S.A. She was responsible for the Bank's finance from the management and legal regulations point of view, operating risk management, equity management and implementation of the New Basel Capital Accord.