SAN FRANCISCO, March 3, 2016 /PRNewswire/ -- Bank of the West announced today that Kalee Chrissanthos has joined the Bank's Commercial Banking Group as the Asset-Based Lending (ABL) team's managing director and business development officer. In this role, Chrissanthos will be responsible for identifying companies in need of ABL solutions across the country, drawing on her extensive network of relationships and deep syndications experience.
"Kalee joining Bank of the West is an important step in continuing to strengthen and expand our ABL team and capability," said Ted Dunn, executive vice president in charge of syndications and ABL in Bank of the West's Commercial Banking Group. "Having a seasoned executive join our team allows us to continue to deliver smart, customized financing solutions for companies seeking financial flexibility."
Chrissanthos joins Bank of the West from Wells Fargo Capital Finance where she spent the last 14 years structuring and syndicating ABL transactions. She will add further depth and breadth to the expertise of the existing ABL team, which includes Tony Lee, managing director, Bruce Chik, director, and Christine From, vice president.
Bank of the West's ABL experts help deliver liquidity solutions for companies in need of working capital support beyond traditional bank financing. With 100-plus years of combined ABL experience, it uses an in-depth understanding of collateral and cash flow cycles to help build customized solutions for companies undergoing growth through new products or market expansion, high leverage, potential acquisitions, and recapitalizations or turnarounds.
About Bank of the West Commercial Banking Group:
Bank of the West's Commercial Banking Group team meets the rapidly changing needs of growing businesses with annual revenues of $25 million and higher. With specialized sector expertise, the Group anticipates and tackles the challenges businesses face in industries including agriculture, healthcare, commercial real estate, manufacturing, religious institutions, and technology. The Commercial Banking Group offers clients personalized relationships and community ties of a local bank backed by the international capabilities of BNP Paribas.
About Bank of the West:
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $76 billion in assets as of December 31, 2015. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees.
Deposit and loan products offered by Bank of the West, Member FDIC. Member FDIC and Equal Housing Lender.
SOURCE Bank of the West