Webster Bank appointed Chris McKernan managing director of asset-based lending originations in an effort to expand its asset-based lending division. McKernan will report to David Viggiano, sales manager for asset-based lending in the west region for Webster Bank.

Based in Seattle, McKernan will cover the Pacific Northwest and Northern California areas, where he will focus on new client acquisition with established referral sources to deepen and expand existing client relationships and evaluate and structure prospective asset-based credit solutions.

“Expanding our lending activities in the Pacific Northwest is an important next step for the ABL team,” Viggiano said. “Chris’ deep experience in asset-based lending and commercial finance will help our team drive sales in that region.”

With more than 30 years of asset-based and commercial finance experience, McKernan has worked for FINOVA Capital, Guaranty Business Credit, LaSalle Business Credit, Marquette Business Credit, First Capital and First Business Bank.