ProCredit General Partner AG Welcomes Christian Dagrosa to Management Board, Thanks Dr Gabriel Schor for his Service

Christian Dagrosa

(PRESS RELEASE) FRANKFURT, 2-Jan-2023 — /EuropaWire/ — ProCredit Holding AG & Co. KGaA (ETR: PCZ), a German company that is the parent company of the ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs), has announced the appointment of Christian Dagrosa as a member of the Management Board of ProCredit General Partner AG, a subsidiary of ProCredit Holding AG & Co. KGaA, effective January 1, 2023. At the same time, Dr Gabriel Schor stepped down from the Management Board by mutual agreement upon the expiration of his contract on December 31, 2022. Dr Schor had been a member of the Management Board since 2004 and was responsible for finance, investor relations, and supervisory reporting. Prior to this, he was Managing Director of Internationale Projekt Consult GmbH, a founding shareholder of ProCredit Holding.

Hubert Spechtenhauser, Chair of the Management Board of ProCredit General Partner AG, comments: “We are very grateful to Gabriel for the tremendous commitment he has made to the ProCredit group over the last three decades since its inception, and that he is prepared to continue his involvement with the group. Christian has been a valued member of the Management team for three years, and consequently his appointment to the Board at this time was a logical development.”

Christian Dagrosa (born 1987) has been working for the ProCredit group in various management positions since 2017. His previous professional positions include several years working for the auditing firm KPMG in Financial Services.

In his new function as Chief Financial Officer (CFO) of ProCredit Holding, Christian Dagrosa will be responsible in particular for Finance and Investor Relations.

“The ProCredit group has become a kind of second home for me over the past few years, so I am especially pleased about my new appointment. It is certain that economic and political integration between Western and Eastern Europe will accelerate in the coming years, and for Europe, the reconstruction of Ukraine is one of the many major tasks we will be facing in the future. I see ProCredit uniquely positioned to play an important role in addressing these challenges and am therefore optimistic about the short- and medium-term outlook for our group”, said Christian Dagrosa.

The ProCredit group would like to express its gratitude to Dr Gabriel Schor and wishes him all the best in the future.

Contact:
Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.: +49 69 951 437 138,
E-mail: Andrea.Kaufmann@procredit-group.com

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.

SOURCE: ProCredit Holding