Luminor appoints Wojciech Sass as Chief Executive Officer

Luminor is pleased to announce the appointment of Wojciech Sass as Chief Executive Officer and Chair of the Management Board effective Monday, 18 March 2024. His predecessor, Peter Bosek, will resign from the Board and as CEO the day before.

Wojciech Sass is an acclaimed international business leader with widespread experience in the financial services industry and deep operational knowledge of retail and business banking, IT systems, and processes. He joins Luminor from Aion Bank, a digital bank operating out of Belgium, which he co-founded and where he served as Chief Executive Officer. Wojciech’s Sass’s previous roles also include Chief Executive Officer of Nationale Nederlanden Poland, Vice President of the Management Board of BNP Paribas Bank Polska, and Head of BCG Poland.

Nils Melngailis, Chair of the Supervisory Council of Luminor, said:          
‘I am delighted to welcome Wojciech to Luminor as our next chief executive. His appointment is the culmination of an extensive global search process led by the Supervisory Council. Wojciech joins Luminor with an impressive track record of transformation and innovation, and a proven ability to work across global markets to deliver results.

‘Despite still being a relatively young bank, Luminor has made a lot of progress on its mission to improve the financial wellness of its customers, and the Baltic region, and I am confident that Wojciech is the right leader to take Luminor to the next level.

Wojciech Sass added:   

‘I am pleased to have been appointed to lead Luminor as we build the bank around our customers – Baltic people and businesses. With its compelling story, strong foundations, and dedicated employees, Luminor’s prospects are exciting.

Mr Sass, a Polish citizen, holds a Master of Science degree in Operations Management awarded by Cracow University of Technology and a Master of Business Administration degree awarded by London Business School. He will relocate to Tallinn with his family. His appointment is subject to regulatory approval.

About Luminor
Luminor is the leading independent bank in the Baltics and the third-largest provider of financial services in our region. We serve the financial needs of individuals, families, and companies. We are here to improve the financial health of our customers and our home markets, and to support their growth.     

Further information about us can be found at www.luminor.ee