diff --git a/.github/release-please-manifest.json b/.github/release-please-manifest.json
index 2d2b6b2e..149a4cfd 100644
--- a/.github/release-please-manifest.json
+++ b/.github/release-please-manifest.json
@@ -1 +1 @@
-{".":"1.20.0"}
+{".":"1.20.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 030617fe..c7a18079 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.20.1](https://github.com/hetznercloud/hcloud-cloud-controller-manager/compare/v1.20.0...v1.20.1) (2024-08-23)
+
+
+### Bug Fixes
+
+* populate ingress private ip when disable-private-ingress is false ([#715](https://github.com/hetznercloud/hcloud-cloud-controller-manager/issues/715)) ([8d29153](https://github.com/hetznercloud/hcloud-cloud-controller-manager/commit/8d291534a1adbb8bc9df0db7e5bd9f432ff2de6e))
+
 ## [1.20.0](https://github.com/hetznercloud/hcloud-cloud-controller-manager/compare/v1.19.0...v1.20.0) (2024-07-08)
 
 
diff --git a/chart/Chart.yaml b/chart/Chart.yaml
index 990417af..a7f865f8 100644
--- a/chart/Chart.yaml
+++ b/chart/Chart.yaml
@@ -1,4 +1,4 @@
 apiVersion: v2
 name: hcloud-cloud-controller-manager
 type: application
-version: 1.20.0
+version: 1.20.1
diff --git a/deploy/ccm-networks.yaml b/deploy/ccm-networks.yaml
index 204aa8bf..cfb86fee 100644
--- a/deploy/ccm-networks.yaml
+++ b/deploy/ccm-networks.yaml
@@ -91,7 +91,7 @@ spec:
                 secretKeyRef:
                   key: network
                   name: hcloud
-          image: docker.io/hetznercloud/hcloud-cloud-controller-manager:v1.20.0 # x-release-please-version
+          image: docker.io/hetznercloud/hcloud-cloud-controller-manager:v1.20.1 # x-release-please-version
           ports:
             - name: metrics
               containerPort: 8233
diff --git a/deploy/ccm.yaml b/deploy/ccm.yaml
index 3920f34a..91555ebd 100644
--- a/deploy/ccm.yaml
+++ b/deploy/ccm.yaml
@@ -83,7 +83,7 @@ spec:
                   key: robot-user
                   name: hcloud
                   optional: true
-          image: docker.io/hetznercloud/hcloud-cloud-controller-manager:v1.20.0 # x-release-please-version
+          image: docker.io/hetznercloud/hcloud-cloud-controller-manager:v1.20.1 # x-release-please-version
           ports:
             - name: metrics
               containerPort: 8233