CIBC has added Mark Buren as managing director, Business Development in Baltimore.
“CIBC has had an established market presence in the Mid-Atlantic region through our Private Wealth Management teams in Washington D.C. and Baltimore for many years,” said Bruce Denby, managing director and group head of U.S. Asset-based Lending at CIBC.
“Mark’s strong asset-based lending experience and understanding of the market will allow us to deliver very client-focused commercial banking solutions to family-owned or sponsor-backed, middle market companies throughout their various business life stages.”
Buren joins CIBC from AloStar, a division of Cadence Bank, where he most recently served as director. There, he was responsible for business development of asset-based lending opportunities for middle market companies who were experiencing either growth or a transition within their business.