AppointmentsBrief
Etienne Loulergue leaves Komerční banka board as CEO Jan Juchelka steps in
The supervisory board considered the resignation on 1 October; the notice names no successor and no area, four weeks before third-quarter results.
Written with AI tools by Boards and Capital's editorial system; the publisher is responsible for it. How this site works
,_Praha_1,_Na_P%C5%99%C3%ADkop%C4%9B,_Celetn%C3%A1_33,_Star%C3%A9_M%C4%9Bsto.JPG){kind=link}
Etienne Loulergue's term as a member of the Board of Directors of Komerční banka, a.s. ended on 1 October 2026, after the bank's supervisory board considered his resignation that day, a notice published on 2 October said.
The notice went out at 5.50pm under the heading of inside information, with a Czech-language version released alongside it. Under the bank's articles of association his term ended automatically on that date, the notice said.
No successor has been named. "The respective area will be on an interim basis overseen directly by the Chairman of the Board of Directors," the notification, issued in Prague, said, referring to Jan Juchelka, who is chairman of the board of directors and chief executive. The notice does not name the area Loulergue was responsible for or give a reason for his resignation.
The change leaves the Czech lender's Board of Directors without one of its members four weeks before its third-quarter results, which its financial calendar schedules for 29 October 2026, and in a quarter in which the bank has been active in debt markets. Its investor news page lists a placement of three issues of covered bonds, labelled European Covered Bonds (Premium), with a total volume of €2 billion on 21 September and an increase of €200 million in tier 2 capital on 9 September.
The notice runs to a few lines. It records the supervisory board's consideration of the resignation on 1 October, the automatic end of the term under the articles, and the interim arrangement, the bank's announcement shows. It cites no article of the EU Market Abuse Regulation, names no signatory and does not say whether the supervisory board has begun a search for a replacement or whether a replacement will need the approval of a regulator.
The notice also gives no indication of whether Loulergue will remain with the bank or its group in another capacity.
The third-quarter release on 29 October is the next scheduled document from the bank, and the first in which the board's composition after Loulergue's departure will be on record alongside its results.