Part  of  LBBW

Birgit Erle

Chief Risk Officer

A portrait of Birgit Erle smiling at the camera.
Copyright: privat

Risk management is not a hindrance - it is the enabler of sustainable growth.

Birgit Erle, Chief Risk Officer

Sascha Klaus has been a member of the Executive Board of Landesbank Baden-Württemberg (LBBW) since 1 August 2025 and is responsible for real estate and infrastructure financing. He also acts as the CEO of Berlin Hyp, in which the entire real estate financing business is bundled (so-called "Anstalt in der Anstalt"). Sascha Klaus has been the CEO of the predecessor company Berlin Hyp AG since 1 October 2016.

Sascha Klaus most recently worked at Hypothekenbank Frankfurt (formerly Eurohypo). As a member of the Board of Management, he was responsible for the commercial real estate financing business from 2012 onwards, as well as for Public Finance and Treasury from 2014 onwards. Simultaneously, he was a member of the Divisional Board for non-core assets at Commerzbank.

The Luxembourg-born Franco-German Sascha Klaus joined the Deutsche Bank Group in 1990. While completing his training, he also obtained a degree in business administration from the Frankfurt School of Finance & Management.

In 2000, he moved to Dresdner Kleinwort in New York, where he held the position of Head of Financial Institutions – Group Risk Management from 2003 onwards. In mid-2008, he returned to Europe, where he was appointed to the Board of Management of the Eastern European holding company after holding various national and international management positions in risk management at Dresdner Bank/Commerzbank Group.

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