Truist Financial Corporation announced that Mark Cuccinello has joined the company as Head of Structured Credit, overseeing Asset-Based Lending, Working Capital Solutions, and Equipment Finance. In this role, Cuccinello will help advance Truist’s structured credit strategy by aligning more closely with the corporate and commercial banking teams to deepen industry relationships and help businesses grow, manage liquidity, and invest in their operations. He will be based in New York and report to Kathy Farrell, Head of Truist Asset Finance.

“Mark brings significant expertise and a proven track record of building high-performing teams that deliver results,” said Farrell. “His leadership further strengthens our ability to offer sophisticated solutions that support our clients and advance our purpose.”

Cuccinello has extensive experience in asset-based lending origination and risk. He joins Truist from JPMorgan Chase, where he led asset-based lending origination efforts in the Northeast, overseeing a team covering emerging growth, middle-market, mid-corporate, and specialized industry companies.

“Truist has built a strong structured credit platform with a clear focus on execution,” said Cuccinello. “I’m excited to build on that foundation and work with the team as we expand the platform to meet the evolving needs of clients and prospects.” 

Cuccinello’s appointment underscores Truist’s commitment to delivering best-in-class structured credit capabilities to clients across industries and its ongoing investment in its Wholesale Banking platform, which provides comprehensive solutions to commercial, corporate, institutional and high-net-worth clients.