Management Board contracts of Petrobelli and Ampaw extended until 2027
Supervisory Board Chairman Axel Bartsch emphasises continuity of the cooperation
Summary
Giacomo Petrobelli and Marc Ampaw continue successful work in Corporates & Diversified Lending
Supervisory Board Chairman Axel Bartsch emphasises continuity of the cooperation
The Supervisory Board of Oldenburgische Landesbank AG (OLB) has decided to extend the contracts of the two members of the Board of Managing Directors of the Corporates & Diversified Lending segment, Giacomo Petrobelli and Marc Ampaw, for another three years, until 2027. This extension of the contracts of the operational Board Members underscores the appreciation for their proven expertise and represents a clear endorsement of OLB's strategic development.
"I am delighted that the very successful collaboration with Giacomo Petrobelli and Marc Ampaw will continue for a further three years. Together with their teams, they are making a significant contribution to OLB's profitable growth. Both enjoy our full confidence due to their results for OLB, their expertise and many years of experience," says Axel Bartsch, Chairman of the Supervisory Board.
Giacomo Petrobelli has been a member of the OLB Board of Managing Directors since 1 July 2022. He had previously held the position of Chief Representative of the Bank since January 2020. Marc Ampaw joined OLB in April 2020 and has been a member of the Board of Managing Directors since then.
About OLB
OLB is a universal bank with a nationwide presence in Germany and more than 150 years of history in north-west Germany. Under the OLB and Bankhaus Neelmeyer brands, it serves around one million customers in the two strategic business areas of Private & Business Customers and Corporates & Diversified Lending, both in person and via digital channels. The institution has a network of 80 branches nationwide and employs around 1,700 people.
With total assets of over EUR 30 billion, OLB became a significant financial institution at the beginning of 2025 and has since been directly supervised by the European Central Bank. Since January 2026, OLB has been part of TARGO Deutschland GmbH and is thus part of the cooperative Crédit Mutuel Alliance Fédérale, one of the largest and financially strongest banking groups in Europe.
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