FGI Worldwide (“FGI”) announced the hiring of Richard Mahtani as Managing Director, FGI Finance. Mahtani joins deal team leadership in partnering with FGI’s global business development and underwriting teams to source and execute new asset-based lending (ABL) transactions.

With more than two decades of expertise in closing transactions for middle market, mid-corporate, and large corporate clients, including sponsor-owned companies, Mahtani brings experience spanning a wide range of sectors, including C&I, consumer products, government services, and staffing.

“We are excited to welcome Richard to FGI,” said Sami Altaher, President. “His track record of successfully guiding complex transactions and fostering client relationships will directly support our mission to deliver tailored, innovative financing solutions for our clients globally. We look forward to the impact Richard’s leadership, industry insight and expertise will have as we continue to grow.” 

“I am honored to join FGI and contribute to the impressive momentum the firm has built in recent years,” said Mahtani. “Since first meeting Sami at industry events 20 years ago, I have admired the vision and growth that have established FGI as a leader in domestic and international financing. Collaborating with this talented team, including my longtime colleague and friend, FGI Finance Managing Director, Ronnie Bloom, makes this chapter especially meaningful.” 

Prior to joining FGI Finance, Mahtani spent 23 years at Wells Fargo, serving as an ABL Relationship Manager, Senior ABL Underwriter, and most recently as Executive Director, where he closed over one hundred new transactions and add-on acquisitions for existing clients during his tenure. Mahtani holds a B.S. in Finance from the Fisher College of Business at The Ohio State University.