Eriola Bibolli has assumed the position of Chair of the Supervisory Board of ProCredit Holding AG as of 1 March 2026, succeeding Hubert Spechtenhauser, who retired at the end of February.
Spechtenhauser had served as Chair of the Supervisory Board since November 2022 and played a key role in shaping the strategic and operational direction of the group. During his tenure, ProCredit implemented major structural changes, including a transformation of its legal structure in 2023 and a broader strategic repositioning presented at the group’s Capital Markets Day in 2024.
“Over the past five years, Hubert Spechtenhauser has made a decisive contribution to strengthening ProCredit and placing the group on a stable footing for the future,” said Rainer Ottenstein, praising his strategic vision and long-standing experience in international finance.
Ottenstein added that the appointment of Bibolli from within the organisation reflects the strength of ProCredit’s internal culture. “With Ms Bibolli, we have found an ideal candidate who represents stability while advancing digitalisation, scalability and dynamic growth across the group,” he said.
Born in Albania, Bibolli joined the ProCredit group in 2001 and has spent more than two decades working across its markets in Southeast and Eastern Europe. She became a member of the Management Board of ProCredit Holding in 2023, initially serving as Chief Risk Officer. In that role, she led a comprehensive redesign of the group’s risk management strategy and structures.
Later the same year, Bibolli assumed responsibility for a broader strategic portfolio covering retail and MSME banking, Group IT and digital transformation, where she led the development of a new digital strategy aimed at strengthening the group’s retail banking model and accelerating technology-driven growth.
“ProCredit has been my professional home for more than two decades,” Bibolli said at the start of her mandate. “Our success will depend on how boldly and agilely we evolve in a world shaped by rapid change and digital acceleration, while remaining true to the values that define us.”
Headquartered in Frankfurt, ProCredit Holding operates a network of banks focused on small and medium-sized enterprises and retail clients across Southeast and Eastern Europe, including markets such as Serbia, Albania, Bosnia and Herzegovina and North Macedonia.
Following his retirement, Spechtenhauser will remain connected to the group as a member of the supervisory boards of several ProCredit banks.
