Capital One Bank announced the appointment of Ronald Pagoto as director, BDO for Capital One Business Credit, a unit of the Commercial and Specialty Finance group. Pagoto brings more than 20 years of sales and portfolio experience to Capital One, having previously worked at Cole Taylor, Wells Fargo Bank, Textron, GMAC, CIT and GE Capital.

In this new role, Pagoto is responsible for business development of asset-based loans for middle market and upper-middle market companies in the Northeast and Mid-Atlantic regions. He is based in New York City and reports to Barry Fein, SVP.

“Ronald has invaluable experience in the New York metropolitan area as well as the New England and Mid-Atlantic markets; he’s a superb addition to our team,” said Fein. “His industry knowledge and lending expertise will help our team as we continue to build out our platform and provide clients with the financing solutions they need.”

“I am delighted to join the Capital One Bank team as it continues to strengthen its asset-based lending capabilities,” said Pagoto. “It’s a unique opportunity to work for a leader in the specialty finance space, and I look forward to strengthening our customer relationships.”

Pagoto is a member of the TMA and the ACG.