People

Mark Fagnani has more than 30 years of hands-on experience working with large bank groups, private equity sponsors, turnarounds, workouts and insolvencies. Over the course of his lending career, Mark has worked with companies in a multitude of industries including steel and aluminum, coal mining, transportation, plastic injection and blow molding, beverage distribution, retail, lighting and generic pharmaceuticals.

Mark was formerly a Managing Director and the Chief Credit Officer of Wachovia Capital Finance, a unit of Wachovia Bank. While at Wachovia he served as chairperson of the credit committee, the national field exam manager and head of the risk ratings and compliance group. As Chief Credit Officer, Mark had a hand in all of the portfolio’s problem loans and, as such, has played a key role in many bankruptcy cases, sales of businesses, restructurings and loan workouts.

After leaving Wachovia, Mark helped form HVB Capital, a subsidiary of Hudson Valley Bank, and subsequently spearheaded their sale to EverBank resulting in EverBank Business Credit. More recently, Mark was recruited to help establish an asset based lending business for Bank Leumi USA, serving as First Senior Vice President and Group Head of Leumi Business Credit.

Mark is a frequent lecturer and panelist. Most notably, he spoke on behalf of the World Bank and the Commercial Finance Association in China, instructing over 250 bankers on asset based lending. In addition to his speaking engagements, Mark is a regular contributor to The Secured Lender.