Chemical Bank added Ben Pugliesi, James Cannella and Michael O’Malley as business development managers of the Asset Based Lending team.
“We are very excited to bring not just one, but three highly experienced team members on board,” stated Ray Temple, director of Asset Based Lending at Chemical Bank. “Each individual has key strengths that will be significant in furthering our division’s mission to put Chemical Bank’s asset based lending capabilities at the forefront of the industry.”
Pugliesi comes to Chemical Bank with almost 25 years of experience in the financial services industry. Most recently, he served as senior vice president, business development officer with KeyBank Business Capital and PNC Business Credit and as director in the Automotive Group at GMAC Commercial Finance (now known as Ally Commercial Finance). He will be responsible for ABL business development throughout Michigan and Indiana and will operate out of Chemical Bank’s Troy office.
Cannella possesses more than 30 years of experience in the financial industry. He comes to Chemical Bank after six years with KeyBank Business Capital (First Niagara), where he served as senior vice president, New Business Development. Prior to that, Cannella was president of Asset Based Lending at Huntington Bank. He will be responsible for ABL business development throughout Ohio, western Pennsylvania and upstate New York and will operate out of Chemical Bank’s Cleveland office.
O’Malley has worked in the financial industry for almost 30 years. He comes to Chemical Bank from Wintrust Financial, where he was senior vice president, relationship manager for more than three years. Prior to that, he was with the Wells Fargo Business Credit division for 19 years. O’Malley will be responsible for ABL business development throughout Illinois, Minnesota, Missouri and Wisconsin and will be located in Chicago.
