OLB strengthens management board team

Following the agreed merger with Bremer Kreditbank (BKB), the Oldenburgische Landesbank(OLB) has announced the new members of the management board team.

The management team consists of five people, which the supervisory board will soon adopt in a binding manner.

Axel Bartsch, OLB supervisory board chairman and current CEO of BKB, becomes chairman of the executive board. Karin Katerbau, manager will continue to be responsible for finance & controlling as well as organisation.

Wolfgang Klein will be the new deputy chairman of the executive board. He was formerly chairman of the Austrian Bawag P.S.K. and Deutsche Postbank. Klein will also be responsible for private banking and retail business.

OLB sales director Hilger Koenig, previously also responsible for private banking and wealth management, will now be in charge of corporate banking. Jens Rammenzweig, board member of BKB takes over the areas of risk management and information technology.

Bartsch, Klein and Rammenzweig will resign from their mandates in the OLB supervisory board in order to take on the planned new roles.

ABOUT THE AUTHOR
Ridhima Sharma
Ridhima Sharma speaks German and is DACH Correspondent for InvestmentEurope. She has more than 8 years of experience in the media industry. Before joining us, she was working in India and covering automotive and lifestyle sectors. Over the years many of her stories have been published in various magazines across India.

Read more from Ridhima Sharma

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