Katerbau is going to leave BRE in H1 2012

Katerbau is going to leave BRE in H1 2012

During its meeting on December 8th, 2011, the Supervisory Board of Oldenburgische Landesbank nominated Ms. Karin Katerbau as Member of the Board of Managing Directors.

Pending the consent of BRE Bank’s Supervisory bodies,Karin Katerbauwill presumably take on her new position on the management board of Oldenburgische Landesbank in midyear 2012.Karin Katerbau will continue all the statutory duties of her current post until the Annual Shareholders Meeting of BRE Bank ensuring a smooth and efficient transition of responsibilities to her successor, whose appointment will be announced in due course.Karin Katerbauis the Chief Financial Officer of BRE Bank since September 2008.Cezary Stypułkowski, President of the Management Board of BRE Bank said, “Karin has been an extraordinary leader of our Finance Area and she will be greatly missed. Her hard work and devotion to BRE Bank has been a key factor contributing to the success of our organisation. I wish her all the success in her future role, which will be a formidable challenge but also an opportunity to bring her career closer to home.”