Thomas Hücker will resign from the Executive Board of OVB Holding AG at his own request due to personal reasons

Cologne, 31 March 2022. COO Thomas Hücker (56), who has been on the Executive Board since 2014, asked the Supervisory Board to terminate his contract, which would have run until the end of December 2023, early as of 31 May 2022. The Supervisory Board respects his decision and agreed to the termination of the contract today. Mr Hücker’s responsibilities will be assumed on an interim basis by CEO Mario Freis from 1 June 2022.

Mr Hücker is leaving the company at his own request for personal reasons. The Executive Board and the Supervisory Board regret Mr Hücker’s decision and would like to thank him for his many years of commitment, his successful efforts toward the further development of the company and his consistently constructive cooperation, and wish him all the best for the future.

About the OVB Group

The OVB Group, with its holding company headquartered in Cologne, is one of Europe’s leading financial advisory groups. Since being founded in 1970, OVB’s business activities have focused on long-term, comprehensive and above all customer-oriented financial consulting for private households.

OVB works with more than 100 high-performance providers and uses competitive products to serve its clients’ individual needs, from subsistence and property/asset insurance to pensions and asset building and growth.

OVB currently operates in 15 European countries. 5,603 full-time financial advisors support 4.13 million clients.

OVB Holding AG and its subsidiaries generated brokerage income of 320.7 million and EBIT of €21.8 million in 2021. OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.

OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.

This press release is also available on the Internet at: www.ovb.eu è Public Relations è Press Releases..