Komerční banka has nominated Jan Pokorný to the position of Chairman of the Board of Directors and CEO of Modrá pyramida stavební spořitelna. On 15 November 2009 he will take over the position of Adviser to the CEO and on 1 January 2010 he will take over as Chairman of Board of Directors and CEO, provided that the appointment is approved by the Supervisory Board of MPSS and receives prior consent from the Czech National Bank.

Jan Pokorný (43) has been working for Komerční banka since 1991. From 2003 to 2005 he held the position of Director of Distribution, and between 2006 and 2009 he worked as First Vice President for Central and Eastern Europe at SG Private Banking S.A. in Switzerland.

André Légér, current Chairman of the Board of Directors and CEO of Modrá pyramida stavební spořitelna, will keep his position until the end of 2009. Afterwards, he will retire at his own request.

Komerční banka is one of the best run universal banks in Central Europe. It provides comprehensive services to clients in the areas of retail, corporate, and investment banking. The Komerční banka Group's 8,890 employees serve 1,636,000 clients, who can use an extensive network of 397 points of sale throughout the country. Komerční banka currently operates 680 ATMs and more than 966,000 of its clients use one of direct banking channels.

Komerční banka is part of the Société Générale Group, one of the largest banking groups in the euro zone (in terms of market capitalisation), whose 163,000 employees serve more than 30 million individual clients worldwide.