COLUMBUS, Ohio, June 9, 2023
/PRNewswire/ -- The Huntington National Bank ("Huntington") announced today the addition of a
fund finance banking team to support its sponsor finance business
within the Commercial Bank. The 10-person team will significantly
boost Huntington's capabilities by
providing strategically important financing directly at the fund
level and expanding coverage across the sponsor ecosystem.
The team, led by managing director Brad
Boland, is based in Charlotte,
NC and New York City.
Boland is an industry veteran with prior leadership roles at Wells
Fargo and Bank of America. He became managing director of Signature
Bank's Fund Banking Division in 2019.
"We are committed to enhancing our sponsor coverage and
positioning Huntington for success
as we respond to the growth of institutional ownership," said Tizu
Menelik, executive managing director of Huntington Specialty and
Corporate Banking. "The addition of this highly successful team,
which will further help broaden our offering and better serve our
clients, is an exciting step toward that commitment."
The new team brings decades of experience in subscription
finance and will offer new and existing sponsors a broader range of
options for financing as we leverage the broader Huntington banking platform.
"Huntington is uniquely
positioned to leverage its subscription finance business for
greater fee opportunities across Middle Market, Corporate, and
Capstone," said Scott Kleinman,
president of Huntington Commercial Bank. "The addition of this team
better positions Huntington to
serve the full range of needs across commercial clients and is yet
another example of our targeted strategic investments to expand our
commercial expertise and capabilities."
About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a
$189 billion asset regional bank
holding company headquartered in Columbus, Ohio. Founded in 1866, The
Huntington National Bank and its affiliates provide consumers,
small and middle–market businesses, corporations, municipalities,
and other organizations with a comprehensive suite of banking,
payments, wealth management, and risk management products and
services. Huntington operates more
than 1,000 branches in 11 states, with certain businesses operating
in extended geographies. Visit Huntington.com for more
information.
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SOURCE Huntington Bancshares Incorporated