Joseph Lehrer was named senior vice president for Citibank’s Asset Based Finance group. He is responsible for Citi Commercial Bank’s Asset Based Finance presence in the Midwest.

He is focused on sourcing, structuring and closing ABL solutions for companies with minimum revenues of $150 million and credit facilities of $35 million or greater, for working capital, growth, re-financings, restructurings, acquisitions or re-capitalizations. A particular focus is on businesses with international operations due to Citibank’s global reach.

Lehrer has more than 25 years of experience in the commercial finance industry. He was with JPMorgan for more than 10 years and held various leadership positions within the bank including head of the restructuring group for Bank One Capital Markets. Previously he was a senior vice president at Bank of America Business Capital, and most recently he was with Fifth Third Bank’s ABL group.

Lehrer is active in many trade associations and holding various leadership positions with the Commercial Finance Association. He is currently vice chair of the Convention Planning Committee, past member of the Executive Committee and past president of CFA’s Midwest Chapter.