eCapital appointed David Gladu president and head of its factoring group in North America. In the new role, Gladu will lead the expansion and advancement of eCapital’s factoring portfolio and divisional initiatives.

Gladu has more than 25 years of experience in factoring, asset-based lending, equipment financing, real estate financing and leasing across multiple industries.

“David’s appointment marks the culmination of a meticulous search for the right individual to lead our factoring group,” Marius Silvasan, CEO of eCapital, said. “It is the latest strategic move in our initiative to assemble the industry’s best and brightest executive team, further propelling our growth trajectory. David’s forward-thinking leadership approach aligns seamlessly with our vision for eCapital’s future.”

Before joining eCapital, Gladu served as the senior vice president and chief risk and operating officer at Mitsubishi HC Capital, where he oversaw various functions, including credit, collection, asset management, and governance and compliance. Prior to Mitsubishi, Gladu had a 17-year career with GE Capital, where he held various senior leadership roles.

“As an emerging player in the fintech sector, eCapital’s impressive factoring portfolio presents an amazing foundation to build upon,” Gladu said. “I strongly resonate with our mission to serve SMBs, and I’m eager to contribute to the next phase of eCapital’s evolution in the factoring space, paving the way for even greater success.”