Avidbank Expands Specialty Finance Division
Mounir Gad and Kevin Conway have joined Avidbank’s Specialty Finance division.
Mounir Gad and Kevin Conway have joined Avidbank’s Specialty Finance division.
Avidbank is further expanding its reach in the Northeast, adding Jeff Griffor to its Venture Lending team.
Gina Thoma Peterson will join Avidbank as executive vice president and chief operating officer.
Veteran technology banker and entrepreneur Mark Cameron has left Square 1 Bank to join Abidbank as senior vice president and division manager, Structured Finance Division. Mark Lange will join him.
Avidbank Specialty Finance provided Envoy Group with combined credit facilities of $5.5 million to provide working capital.
Avidbank has expanded its venture lending division with four hires. Teaming up with Executive Vice President and Division Manager, Sam Bhaumik, and Senior Vice President, Northeast Regional Manager, Bob Foley, are industry veterans Randy Churchill, Porter McKay, Mike Berrier and Holly Hayes.
Veteran banking executive, Joe Wilson joins Avidbank as the bank’s senior vice president, corporate banking division.
Veteran finance executive Sam Bhaumik joined Avidbank as executive vice president of the Venture Lending Group.
Avidbank Specialty Finance provided an accounts receivable line of credit and a senior term loan to Calyx Capital Partners.
Avidbank promoted Geoff Butner to executive vice president and chief credit officer. Butner will replace Ron Oliveira, who is pursuing other opportunities outside the Bank.