Triumph Taps Hanley as SVP/ABL, Commercial Factoring

John Hanley has joined Triumph Commercial Finance as its senior vice president responsible for managing client relationships for the asset- based lending and commercial factoring business units.

Capital One Snags Underwriting Leaders from Key, Santander

Capital One appointed Todd Hammond to its Underwriting and Portfolio Management team and will welcome Brian Schwinn to the team.

CIBC Adds Rosenstrauch to San Francisco ABL Team

CIBC named Derek Rosenstrauch managing director of Business Development, Northern California Region, for its Asset-Based Lending Group.

HBC Taps Three Industry Vets to Open ABL Office in Atlanta

Huntington Business Credit hired Guy Camerlengo, Matt Simon and Todd Pacifico to head its new ABL office in Atlanta.

Encina Business Credit Taps Clifford as COO

Chris Clifford has joined Encina Business Credit as its chief operations officer.

Kaplan Joins CIT Northbridge 

Elijah Kaplan joined CIT Northbridge Credit to lead its business development efforts across the Northeast.

GE Capital Vet Brandt Joins Gordon Brothers 

Gordon Brothers, the global advisory, restructuring, and investment firm, appointed Michael Brandt its new chief operating officer.

CIBC Appoints Barr Head of Business Development on U.S. ABL Team

Brandon Barr joined CIBC’s U.S. Asset-Based Lending team as head of Business Development/Strategy. Barr joined CIBC in 2011, leading a U.S. Private Banking team in Chicago which served business owners and entrepreneurs. He then transitioned to Specialty Finance in 2015, where he led origination efforts for commercial clients.

Encina Adds Williams to NE Region Team

Dan Williams has joined Encina Business Credit as a managing director. He and Sean Sheehan will co-lead origination efforts throughout the Northeast, focusing on New York and Boston. They will report to Rob McMahon, Encina’s chief commercial officer.

WFCF Promotes Morrone, Pfeiffer to Lead Channel Finance Division

Wells Fargo Capital Finance promoted Jack Morrone to division manager and to head of Business Development. Daniel Pfeiffer will lead the bank’s Channel Finance division.

BMO Harris Hires Ganann as Managing Director



BMO Harris Bank hired Michael Ganann as managing director, Retail Originations, Asset-Based Lending. In this role, he will lead the nationwide coverage efforts of BMO clients and prospects in the retail industry.

Simhauser Joins California Bank of Commerce Northeast ABL Team

California Bank of Commerce added Mark J. Simshauser to its asset-based lending team, known in the market as CBC Business Credit. Simshauser will serve as senior vice president of Business Development.

Loughlin Joins People’s United ABL Team as VP/Underwriter

Andrew Loughlin joined People’s United Bank as a vice president and underwriter on its Asset-Based Lending team. He will be based in Manhattan and will be responsible for new business underwriting.

Opus Bank Taps Taylor to Succeed Greig as CEO/President

Paul W. Taylor has been appointed chief executive officer and president of Opus Bank. A 34-year banking and finance veteran, he most recently served as chief executive officer and president of Denver-based Guaranty Bancorp. Taylor succeeds Paul G. Greig, chairman of Opus’ board of directors, who has served as interim chief executive officer and president of Opus Bank since November 2018. 

J.P. Morgan Appoints Kresse Head of CCBSI International Banking

J.P. Morgan appointed Andrew Kresse as head of CCBSI International Banking, expanding its commercial banking business in the European and Asia-Pacific markets.

DeSantis Joins Newtek as Director of Credit Operations

Newtek Small Business Lending has hired James DeSantis as director of Credit Operations. DeSantis will report to Peter Downs, chief lending officer, and will be responsible for supervising all aspects of credit and credit underwriting across Newtek’s various lending programs.

White Oak Adds Goletz to ABL Originations Team

White Oak Commercial Finance appointed Michael Goletz director of ABL Originations, covering the Midwest U.S. region.

Monroe Capital Hires Patil as Managing Director

Alex Patil has joined Monroe Capital’s originations team as managing director, West Coast Region. He joins Steve Hinrichs in the firm’s Los Angeles office.

Abraham to Succeed Lammers as Head of Byline Bank SBC

Thomas Abraham, currently senior vice president, SBA Sales Manager of Byline Bank Small Business Capital, will succeed Bruce Lammers in leading the bank’s government guaranteed lending business.

Hercules Capital Promotes Jadot, Kuo to Leadership Roles

Hercules Capital promoted R. Bryan Jadot to head of Life Sciences Venture Lending and Steve Kuo to head of Technology Venture Lending.