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Banking
BPH's Wancer best-paid banking CEO,
survey shows
Bank BPH's Józef Wancer is the best paid chief executive of publicly traded Polish banks that reported personal compensation of their senior managers, a survey of executive compensation by PARKIET shows. Mr. Wancer, who received over 3 million zloty last year, presided over BPH's market expansion that saw the bank report record earnings of 788 million zloty in 2004. He wasn't the best-paid banking executive however. That title went to Mr. Sunil Sreenivasan, former vice CEO of Bank Handlowy, Polish unit of Citigroup. Mr. Sreenivasan is reported to have earned almost twice as much in wages and other perks, some 5.9 million zloty in total. Bogusław Kott, the CEO of Bank Millennium is in the fourth place despite the talk that he might...
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