Daily News: December 10, 2013

Siena Expands ABL Platform with Kastner Hire

Siena Lending Group continues to expand its asset based platform with today’s announcement of the hiring of Barry A. Kastner as EVP and Southeast regional manager.

Kastner, a highly seasoned ABL veteran, will be focused on originating transactions and new banking partners, primarily in the Southeast Region of the U.S. His previous experience includes over 30 years with Congress Financial / Wachovia Capital Finance, where he served in increasing capacities, including COO. Kastner’s experience also includes senior management and business development positions with TD Bank, Keltic Financial and Salus Capital.

Kastner has received industry honors, including the Distinguished Achievement Award in Banking and Finance from B’Nai B’rith International, and the National Jewish Health Humanitarian Award at the New York Financial Industries Dinner, where he was recently inducted as a trustee.

He is a past president of the New York Chapter of the Commercial Finance Association, and is a frequent speaker and instructor on topics related to asset-based lending.