The Management Board of ProCredit General Partner AG, the sole managing entity of ProCredit Holding AG & Co, has been expanded to four members.
Hubert Spechtenhauser (born 1962) has been a Manager for the ProCredit group since November 2021 and holds many years of professional experience with management responsibility gained in several international banking groups.
Hubert Spechtenhauser’s professional career has included management positions within the UniCredit Group, the Landesbank Hessen-Thüringen (Helaba) Group and the Commerzbank Group. He possesses extensive expertise in the areas of risk management, finance, group development and corporate governance, as well as in asset management, leasing and investment financing.
As a member of the Management Board of ProCredit Holding AG & Co KGaA, Hubert Spechtenhauser is responsible for Group and PCH Risk Control, Group Financial Risk Management, Group Operational Risk Management and Legal.
“I am very pleased that we have been able to attract Hubert Spechtenhauser for the ProCredit group. With his extensive and longstanding experience in several international banking groups, Hubert Spechtenhauser brings new perspectives and additional competencies to the group. The entire Supervisory Board and the rest of the Management Board are looking forward to continuing to work with him,” said Dr Claus-Peter Zeitinger, Chairman of the Supervisory Board.
The expansion of the Management Board was resolved at the Supervisory Board meeting on 11 February and is effective as of 1 March 2022.
Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.: +49 69 951 437 138,
About ProCredit Holding AG & Co. KGaA
ProCredit Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The anchor shareholders of ProCredit Holding AG & Co. KGaA include the strategic investors Zeitinger Invest and ProCredit Staff Invest (the investment vehicle for ProCredit staff), the Dutch DOEN Participaties BV, KfW Development Bank and IFC (part of the World Bank Group). As the group’s superordinated company according to the German Banking Act, ProCredit Holding AG & Co. KGaA is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit: www.procredit-holding.com.