Bank Leumi USA appoints three experienced factors to New York lending team


Bank Leumi USA yesterday announced the appointment of three vice presidents, Mitchell Meth, Ralph Mascia, and Mary Ellen Bianco, to a new middle-market lending group headed by Scott Morello, first vice president. All three have similar backgrounds in factoring and asset-based lending and will focus on business development in the apparel industry.

"We are pleased that these experienced lenders have chosen to join our expanding team. We expect them to have an immediate and positive impact on our activities in this market," said Dr. Zalman Segal, chief executive officer of Bank Leumi USA.

Mitchell Meth has more than 30 years' experience in credit, sales and marketing with such organisations as GMAC Commercial Credit, Heller Financial and Natwest Commercial Services. Ralph Mascia has worked for HSBC Business Credit, Heller Financial and CIT Group. Mary Ellen Bianco also worked for GMAC Commercial and Heller Financial and is also an attorney.



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