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Fairchild Joins Citi Commercial Bank’s ABL Group

May 08, 2014, 07:11 AM

Nina Fairchild joins Citi Commercial Bank as a senior vice president based in New Jersey. In her new role, Fairchild will be responsible for expanding asset-based lending relationships throughout the Mid-Atlantic Region with middle market and mid-corporate U.S. businesses seeking revolving lines and term loans based on underlying assets.

This is a newly created position within the Citi Commercial Bank asset-based lending unit, which was announced in October 2013 under the leadership of banking veteran John DePledge. The specialty group, which continues to grow talent across origination, portfolio management and underwriting, collaborates with 100-plus U.S. Citi commercial bankers who offer ABL options in addition to other capitalization needs. Fairchild will work as a product partner with the commercial banking teams serving New Jersey, Pennsylvania, Maryland, Delaware and Virginia.

Fairchild brings more than 25 years of experience in asset-based lending and commercial banking. In an earlier role at Citi, she was awarded the “Citi Star” two years in a row for commercial banking in the Mid-Atlantic Region and the “One Citi” teamwork award in Philadelphia. A native of Staten Island, she has spent most of her career in New Jersey and Philadelphia. She is a member of the Philadelphia Chapter of the Association for Corporate Growth and serves on their Programs Committee. She is also an active member of the Turnaround Management Association.

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