Mark Fagnani

Senior Managing Director, PFK Clear Thinking

Mr. Fagnani 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, Mr. Fagnani 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.

Mr. Fagnani 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 chairman of the credit committee, the national field exam manager and head of the risk ratings and compliance group. As Chief Credit Officer, Mr. Fagnani had a hand in the 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 Mr. Fagnani helped form HVB Capital, a subsidiary of Hudson Valley Bank, and subsequently spearheaded their sale to EverBank resulting in EverBank Business Credit. More recently, Mr. Fagnani 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.

Mr. Fagnani is a frequent lecturer and panelist. Most notably, he spoke on behalf of the World Bank and the Secured Finance Network in China, instructing over 250 bankers on Asset Based Lending.