Georgia's ProCredit Bank recently announced the appointment of Asmus Rotne as general director, replacing Sascha Ternes, who resigned earlier this month.
Rotne's career with the ProCredit group started in 2002 at ProCredit Bank Georgia, where he served as deputy general director. He later held the same position at ProCredit Bank Romania and then went on to become chairman of the management board of ProCredit Bank Moldova. Rotne then became the general director of ProCredit Bank Armenia in 2011.
"I am pleased that my career with the ProCredit group started in Georgia," Rotne said. "The activities of the ProCredit banks vary according to country-specific differences, but the main principles and business model of the ProCredit group remain the same in all countries of operation."
Rotne said ProCredit Bank is the house bank for small- and medium-sized enterprises.
"Along with my colleagues, we will continue to strengthen our position in the market and offer customers a wide range of high-quality services tailored to their needs," Rotne said.
Rotne received a bachelor's degree in political science from Aarhus University in Denmark in 2000 and a master's degree in regional studies centering on Russia, Eastern Europe and Central Asia from Harvard University in 2002.
Ternes has served as general director of the bank since 2012 and was a member of its management board starting in 2007.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme