Germany Commerzbank Recommends CEO Change At Polish BRE Bank

WARSAW -(Dow Jones)- Germany's Commerzbank (CBK.XE) plans to recommendchanging the chief executive of Polands' BRE Bank (BRE.WA), in which it holds amajority stake, BRE said in a statement.

Commerzbank will recommend Mariusz Grendowicz replace current CEO SlawomirLachowski, who's term ends March 14.

Grendowicz is a banker with track record at ABN Amro (ABN) and most recentlyas vice-president of Bank BPH (BPH.WA).

-By Marek Strzelecki; Dow Jones Newswires, +48 22 622 2767; marek strzelecki@dowjones.com

(END) Dow Jones Newswires 03-04-08 0214ET Copyright (c) 2008 Dow Jones & Company, Inc.

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