diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1ded9acf..5ffafa70 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.2.0](https://github.com/GoogleCloudPlatform/alloydb-python-connector/compare/v1.1.2...v1.2.0) (2024-06-25)
+
+
+### Features
+
+* add support for lazy refresh strategy ([#337](https://github.com/GoogleCloudPlatform/alloydb-python-connector/issues/337)) ([fbf0179](https://github.com/GoogleCloudPlatform/alloydb-python-connector/commit/fbf017933dfa0297cd57eff31b9061135d9637f2))
+
 ## [1.1.2](https://github.com/GoogleCloudPlatform/alloydb-python-connector/compare/v1.1.1...v1.1.2) (2024-06-12)
 
 
diff --git a/google/cloud/alloydb/connector/version.py b/google/cloud/alloydb/connector/version.py
index 7918eae2..eb5bf16e 100644
--- a/google/cloud/alloydb/connector/version.py
+++ b/google/cloud/alloydb/connector/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "1.1.2"
+__version__ = "1.2.0"