Frankfurt am Main, October 09, 2020 – As of December 1, 2020, Sascha Malsy (39) will lead the Real Estate Finance division for Germany, Austria and the Czech Republic. Malsy succeeds Michele Monterosso, who will be developing a new sector as Global Sector Lead for Construction.
Malsy is currently Head of Capital Structuring & Advisory Germany and Austria in the Strategic Products business unit within ING's Wholesale Banking division. Prior to joining ING in April 2017, Malsy was a senior banker in the Advisory division of Commerzbank.
"The extensive experience, especially in structuring of capital market transactions, of Sascha Malsy will help us to further strengthen the Real Estate Finance sector," says Joachim von Schorlemer, Deputy Chairman of ING Germany and responsible for Wholesale Banking. "In addition, with his support we would like to further expand our expertise in providing advisory services of new financing structures in the real estate sector."
ING is one of the leading financiers of commercial real estate in the real estate finance sector worldwide with a business portfolio of about 28 billion euros.
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About ING Wholesale Banking Germany
ING Wholesale Banking Germany comprises the corporate clients business of ING in Germany and is part of the ING Group’s worldwide Wholesale Banking network with offices in more than 40 countries. ING Wholesale Banking offers banking services for large, internationally operating corporate clients. In addition to traditional banking products such as Corporate Lending and Transaction Services, ING is a world leading name in structured & project financing concepts, complemented by capital market solutions. ING Wholesale Banking Germany has approximately 300 employees based in the headquarters Frankfurt am Main who oversaw a credit volume of EUR 35 billion by the end of 2019. More information about ING Wholesale Banking Germany: www.ingwb.de