Santander Bank appointed Brian Schwinn head of the bank’s asset-based lending and restructuring finance business in its Commercial Banking division. Schwinn will be responsible for growing the ABL business in Boston and New York and report to Robert Rubino, co-president and head of Commercial Banking.
Schwinn joined Santander as Commercial Banking’s chief credit officer in 2016. Prior to Santander, he spent 18 years at GE Capital holding several leadership positions, including London-based chief credit officer for Europe, the Middle East and Africa. Before that, Schwinn worked with UBS and JPMorgan Chase.
During his career, he has advised clients and managed portfolios across a wealth of different product categories including leveraged finance, securitization, asset-based lending, debt capital markets, real estate, commercial aviation and structured products.
“Our growth strategy in the U.S. is centered on being an effective life cycle financial partner to our clients and prospects,” said Rubino. “Asset-based lending, and our continued investment in growing its capabilities, is core to this strategy. Brian’s diverse experience, proven leadership and ability to collaborate effectively will serve us well as we continue to build a best-in-class asset based lending and restructuring practice. His industry knowledge and expertise will be instrumental in serving the financial needs of our clients.”