PKF O'Connor Davies Accountants and Advisors
PKF O'Connor Davies Accountants and Advisors
People

Mark Fagnani

Senior Managing Director, PKF Clear Thinking

“We combine disciplined analysis and proven process with an open-minded, creative spirit.”

Mark 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.

Professional Affiliations & Civic Involvement

  • Secured Finance Network
  • Association for Corporate Growth
  • Turnaround Management Association

Education