MB Financial Bank hired Edward Weisto to join the bank’s ESOP Finance Group as senior vice president.

Weisto brings more than 20 years of experience in ESOP lending and debt capital market group development. He successfully guiding syndicated leveraged finance transaction teams for ESOP, private equity, institutional, private and public clients.

Prior to joining MB, Weisto served as senior vice president for Associated Bank’s Commercial Banking Group.

“We are very excited to welcome Ed to our growing team,” said Elizabeth Di Cola, SVP and managing director of MB Financial Bank’s ESOP Finance Group. “His career speaks for itself. With over two decades of recognized experience in delivering value to clients through ESOP and capital markets solutions, Ed is a significant addition to our team.”

MB Financial Bank’s national ESOP Finance Group specializes in providing middle-market business owners with strategic financing for an employee stock ownership plan (ESOP). The MB ESOP Finance Group consists of lending experts who understand how to navigate through the complexities of an ESOP in dynamic market conditions. By collaborating with an extensive network of ESOP community partners to develop financing solutions that are customized for the unique needs of each business, MB’s national ESOP Finance Group is an innovative and reliable financing source for all ESOP transactions.