Bibby Financial Services (BFS) expanded its executive leadership team with the addition of Todd Ferrara as executive vice president, head of Change & Project Management – North America, Jeff Mitchell as senior vice president Business Development, Laura Benson as vice president/underwriter and Brian Albach as vice president/BDO.

Ferrara comes to BFS after spending 14 years at Bank of America, where he served in various roles across the enterprise, including senior vice president of operations and process improvement for the Legal, Compliance and Regulatory Relations team. Ferrara’s role within BFS involves overseeing the strategic initiatives for North American business units, including governance and strategy of the HR function, as well as working on the four-year strategic plan.

Mitchell brings more than 27 years of commercial finance and banking experience from both bank and privately-held commercial finance companies. He served as business development manager at Crestmark Bank for the state of Florida and has recent senior executive experience at Action Capital in Atlanta. Mitchell is responsible for further expanding the BFS ABL business in the Southeast.

Benson will work as a member of the deal team, assisting Business Development and working closely with Risk and Portfolio Management in the underwriting and approval of ABL deals throughout the U.S. and Canada. She also will oversee the structure and underwriting of complex factoring transactions. Benson brings more than 20 years of broad experience offering a practical working knowledge of asset-based lending, corporate and commercial finance. Most recently she served as a vice president in underwriting at Citizens Bank in Boston.

Albach returns to BFS Midwest with more than 20 years of experience in financial services in multiple industries. Albach most recently was a vice president for The Park National Bank where he was responsible originating and closing new business in the factoring and ABL space while managing internal and external referral relationships.

“The additions we’ve made to our executive level and mid-level personnel are a testament to Bibby Financial Services’s continued growth in and commitment to the North American region,” said Ian Watson, CEO of Bibby Financial Services for North America. “We take great pride in serving the diverse industries and business structures in the United States and Canada and see these hires as an integral part of our expansion strategy.”