Roberto Cortese, chief operating officer of TFG Financial, a provider of alternative equipment financing in Canada, was named president and will replace Jim Case as a business leader. Case, who is the CEO for Travelers Financial Group, will continue in his role as CEO.
Cortese joined the Travelers Financial Group in December 2005. He previously worked as CEO of Coast Capital Savings Auto & Equipment Finance; as a founding member, vice president and general manager of DLL Canada; and in other senior positions, including managing director of Danka Financial Services, CitiCapital and Newcourt.
“Roberto is the right leader for TFG Financial,” Case said. “He has extensive industry experience, a proven record of strong leadership and business development skills will help TFG Financial Corporation strengthen existing partnerships and create new strategic alliances. I am confident in our future and in Roberto’s leadership as we continue to grow and expand our business offerings.”
“I speak for everyone in TFG in thanking Jim for his leadership and dedication to the group of companies,” Cortese said. “I am excited to assume this new role and for the future of the company with such an extremely talented team.”
Cortese continues to sit on the Coast Capital Savings Auto & Equipment Finance board of directors and is an advisor to other businesses within Travelers Financial Group.
TFG Financial, formerly known as Travelers Financial Corporation, was founded in 1986.
