White Oak Business Capital hired Carol Apicella as senior vice president and senior business development officer. Apicella will be responsible for expanding the firm’s markets in the Northeast and Mid-Atlantic.

“With over 25 years in the commercial banking and government contractor finance industry, Carol brings considerable knowledge and experience to WOBC,” said Kwesi Rogers, White Oak president and CEO. “I am confident that she will be a valuable asset to our team.”

Most recently, Apicella was a vice president with Triumph Business Capital. Prior to that, she served as vice president, managing director at Sterling National Bank, vice president at Wells Fargo Bank-Trade Capital Finance, as a commercial lender with PNC Bank, a finance marketing manager at GE Capital Corporation and a commercial client services representative with Exxon-Mobil Corporation.

“It has been rewarding to become a trusted business finance partner aiding in the resolution of turnaround and/or growth success for my clients,” said Apicella. “WOBC’s program, products and leadership will afford a continuum of success.”

Apicella has held positions in the Commercial Finance Association and been active in the Turnaround Management Association Chesapeake Chapter, National Contract Management Association Woodlawn Chapter, National Veteran Small Business Coalition and American Staffing Association.