Capital One Bank announced that Ron Andersen has joined its Middle Market banking team in New Jersey as Senior Vice President. In this role, he will provide lending and commercial banking services to Capital One’s middle market customers in New Jersey. Andersen will report to Senior Vice President and Market Manager, Arlene Pedovitch.

“Ron is an outstanding addition to our team; he brings a wealth of experience, strong relationships and a track record of success,” said Pedovitch. “We are committed to serving the commercial banking needs of the New Jersey market, and Ron’s expertise in trade finance and deep knowledge of the local market will be an invaluable asset as we deliver superior execution to our New Jersey clients.”

Ron joins Capital One Bank from Santander Bank, where he maintained a similar position. Previously he helped establish and led the middle-market team in New Jersey for HSBC Bank, worked in the Trade Finance Group for United Jersey /Summit Bank, and worked in the commercial banking/international department for Valley National Bank.

“I am excited to join the Capital One Bank team as we expand our services and impact in New Jersey,” said Andersen. “I look forward to working with our clients to provide the personal service and financial solutions that they need.”

Andersen lives in Northern New Jersey with his wife and three children, and is a member of Business Forum International and Garden State Credit Associates.

Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $205.5 billion in deposits and $308.9 billion in total assets as of December 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels.