Sascha Ternes

Sascha Ternes/ Partner- Banking / Financial Services / Real Estate

Sascha, a citizen of Germany, has 20 years of management experience in emerging markets, with a proven track record in the area of finance and banking. He resides in Georgia since 2007, where he initially served as CFO and later as CEO of ProCredit Bank Georgia (the 3rd largest bank in the country, the market leader in MSME lending) and subsequently as Deputy CEO of Bank of Georgia (the country’s largest bank, listed on the London Stock Exchange, FTSE 250). Since 2015 Sascha has been the Managing Partner of TERNES Real Estate Fund, the pioneer in collective investments for creating high-yielding real-estate portfolios in Georgia. Prior to relocating to Georgia, Sascha held various senior executive positions over the course of 13 years in a German Technology Group that focused on international development and investment. Here he was responsible for the implementation and supervision of numerous operations in 10 countries, with duties including assignments to Central and Eastern Europe and the Middle East. Sascha has a background in finance and business administration and was awarded with an honorary doctoral degree, affirmed by the German Ministry of Education & Science. Sascha is a Board Member of Georgia’s Financial Supervision Agency (FSA). He also serves on a volunteer basis as Chairman of the German Business Association (DWV) in Georgia as well as a Chairman of the German International School Tbilisi and as Board Member of the Independent Directors Association in Georgia, all organizations which he co-founded.

Sascha Ternes

Sascha Ternes/ Partner- Banking / Financial Services / Real Estate

Sascha, a citizen of Germany, has 20 years of management experience in emerging markets, with a proven track record in the area of finance and banking. He resides in Georgia since 2007, where he initially served as CFO and later as CEO of ProCredit Bank Georgia (the 3rd largest bank in the country, the market leader in MSME lending) and subsequently as Deputy CEO of Bank of Georgia (the country’s largest bank, listed on the London Stock Exchange, FTSE 250). Since 2015 Sascha has been the Managing Partner of TERNES Real Estate Fund, the pioneer in collective investments for creating high-yielding real-estate portfolios in Georgia. Prior to relocating to Georgia, Sascha held various senior executive positions over the course of 13 years in a German Technology Group that focused on international development and investment. Here he was responsible for the implementation and supervision of numerous operations in 10 countries, with duties including assignments to Central and Eastern Europe and the Middle East. Sascha has a background in finance and business administration and was awarded with an honorary doctoral degree, affirmed by the German Ministry of Education & Science. Sascha is a Board Member of Georgia’s Financial Supervision Agency (FSA). He also serves on a volunteer basis as Chairman of the German Business Association (DWV) in Georgia as well as a Chairman of the German International School Tbilisi and as Board Member of the Independent Directors Association in Georgia, all organizations which he co-founded.