diff --git a/charts/ingress-nginx/README.md b/charts/ingress-nginx/README.md
index 1820f7145c..f034ea8af5 100644
--- a/charts/ingress-nginx/README.md
+++ b/charts/ingress-nginx/README.md
@@ -270,10 +270,10 @@ metadata:
 | controller.admissionWebhooks.namespaceSelector | object | `{}` |  |
 | controller.admissionWebhooks.objectSelector | object | `{}` |  |
 | controller.admissionWebhooks.patch.enabled | bool | `true` |  |
-| controller.admissionWebhooks.patch.image.digest | string | `"sha256:a9f03b34a3cbfbb26d103a14046ab2c5130a80c3d69d526ff8063d2b37b9fd3f"` |  |
+| controller.admissionWebhooks.patch.image.digest | string | `"sha256:aaafd456bda110628b2d4ca6296f38731a3aaf0bf7581efae824a41c770a8fc4"` |  |
 | controller.admissionWebhooks.patch.image.image | string | `"ingress-nginx/kube-webhook-certgen"` |  |
 | controller.admissionWebhooks.patch.image.pullPolicy | string | `"IfNotPresent"` |  |
-| controller.admissionWebhooks.patch.image.tag | string | `"v1.4.4"` |  |
+| controller.admissionWebhooks.patch.image.tag | string | `"v1.5.0"` |  |
 | controller.admissionWebhooks.patch.labels | object | `{}` | Labels to be added to patch job resources |
 | controller.admissionWebhooks.patch.networkPolicy.enabled | bool | `false` | Enable 'networkPolicy' or not |
 | controller.admissionWebhooks.patch.nodeSelector."kubernetes.io/os" | string | `"linux"` |  |
diff --git a/charts/ingress-nginx/values.yaml b/charts/ingress-nginx/values.yaml
index 258c0ffa5d..659149d1f4 100644
--- a/charts/ingress-nginx/values.yaml
+++ b/charts/ingress-nginx/values.yaml
@@ -796,8 +796,8 @@ controller:
         ## for backwards compatibility consider setting the full image url via the repository value below
         ## use *either* current default registry/image or repository format or installing chart by providing the values.yaml will fail
         ## repository:
-        tag: v1.4.4
-        digest: sha256:a9f03b34a3cbfbb26d103a14046ab2c5130a80c3d69d526ff8063d2b37b9fd3f
+        tag: v1.5.0
+        digest: sha256:aaafd456bda110628b2d4ca6296f38731a3aaf0bf7581efae824a41c770a8fc4
         pullPolicy: IfNotPresent
       # -- Provide a priority class name to the webhook patching job
       ##