OLB Ensures Stability Amid Management Changes

Oldenburgische Landesbank AG (OLB) has announced key leadership changes. Effective end of June 2026, Marc Ampaw, Chief Investment Officer, stepped down from the Management Board. The decision, taken by mutual agreement, sees CEO Christophe Jéhan assuming Ampaw’s responsibilities on an interim basis.

This shift follows discussions on OLB's management structure; both parties concluded to halt the expansion of Ampaw’s responsibilities, agreeing instead on a transition that prioritizes long-term development. CEO Jéhan emphasized OLB’s commitment to stability and sustainable value creation through this change.

Marc Ampaw expressed pride in OLB's transformation achievements and confidence in the bank's future. The transition is set to be orderly, with business operations continuing uninterrupted. OLB remains focused on strategic goals, including its integration with TARGOBANK, aiming to strengthen its market position.