People’s United Bank hired Gregory Russano as senior vice president, regional manager for People’s United Business Capital. Russano will be responsible for a new business team covering New Jersey and Pennsylvania and will be based in Iselin, NJ.

Russano brings more than 25 years of secured lending experience to his new role. He previously held various new business development and relationship management positions with Santander Bank, Bank of America and National Bank of Canada. Russano is an active member of the CFA, TMA and ACG.

“Russano brings a proven track record and an extensive network to People’s United Business Capital, which will support efforts to build and grow the bank’s Asset Based Lending business in the NJ Metro area,” said Mike Maiorino, executive vice president of Specialty Lending.