REG - Nova Ljubljanska - ECB gives consent to Reinhard Höll as NLB’s CTO

Nova Ljubljanska Banka dd LjubljanaAnnouncement

04/06/2025 08:00

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RNS Number : 3751L  Nova Ljubljanska Banka d.d.  04 June 2025

Nova Ljubljanska Banka, d.d.

ECB gives consent to Reinhard Höll as NLB's CTO

Pursuant to the Rules of the Ljubljana Stock Exchange and Article158 of the
Market in Financial Instruments Act, relating to the Article 17 of the
Regulation (EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana
announces;

ECB gave its consent to the appointment of Reinhard Höll as the seventh
member of the NLB Management Board and Chief Transformation Officer (CTO). He
will begin his five-year term of office after signing the contract, presumably
in the next few days.

 

Höll, who was appointed by the NLB Supervisory Board in February 2025, joined
NLB in June and has so far performed the functions of the Assistant to the
Management Board. Now, after receiving approvals, the new CTO will focus on
driving the management of projects, outlined within the NLB Group business
strategy presented a little over a year ago and initiated earlier this year.
The strategy foresees doubling NLB Group's balance sheet, revenues, and
profits by 2030, to reach more than EUR 50 billion in total assets, recurring
revenues of more than EUR 2 billion, and a targeted profit of more than EUR 1
billion, combining organic growth with selected M&As in SEE.

 

The new CTO will (at the end of the transition period) also direct his
attention to IT governance to help the Group achieve ambitious IT strategy
targets. Those targets include providing the foundation for a truly
cross-functional agile operating model, building Group-wide capabilities for a
mobile/digital first bank around architectural enablers, upgrading the
infrastructure to a highly resilient hybrid-cloud model, establishing a
foundation for data-driven decision-making and (Gen)AI, and becoming the
powerhouse of the region for digital talent, originating at least 90% of new
regular transactions in an E2E digitized way.

 

About the new CTO

 

Reinhard Höll (1983) is an experienced professional with 20 years of
background in international banking groups, and as well a consultancy firm
with expertise in retail and corporate banking, growth transformation,
technology modernisation, organisational design, operating models, and risk
management. He began his career at Commerzbank (2004), where he focused mainly
on corporate banking, before transferring to Lehman Brothers (2007) and later
to Standard Bank (2008), where he began working in his role as a Credit
Portfolio Manager in its Treasury and Capital Management team in London and
Johannesburg. He joined the management consulting firm McKinsey & Company
in 2012, where he currently holds the position of a Partner, serving banking,
payment players, fintechs, and technology players, as well as investors across
Europe. Furthermore, he also leads McKinsey's Financial Services Private
Capital work in Europe.

 

NLB Management Board also consists of Blaž Brodnjak, CEO; Archibald Kremser,
CFO; Andreas Burkhardt, CRO; Hedvika Usenik, CMO Retail; Andrej Lasič, CIB;
and Antonio Argir, CGPO.

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com/) ) as of 4 June 2025.

Investor Relations

 

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