Bringing ABL to the Middle Market… A Conversation with the Head of Citi Commercial’s Expanding ABL Unit

In this Q&A with ABL industry veteran John DePledge, the new business head and national sales manager for Citi Commercial Banks’ ABL unit discusses his plans for the team, his build-out strategy and why the ABL market is going to get more competitive in the near future.

John DePledge to Head Expanded Citi ABL Unit

Citi Commercial Bank announced the expansion of its asset-based lending unit and named John DePledge as new ABL leader. The leadership team includes Miles McManus and Rich Levenson as the group’s national underwriting manager and national portfolio manager, respectively.