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CIBC Announces Promotion of Brandon Barr to ABL Group Head
February 8, 2024
By CIBC
CHICAGO, FEBRUARY 7, 2024—CIBC is pleased to announce the promotion of Brandon Barr to Asset-based Lending (ABL) Group Head. In this new role, Barr is responsible for providing strategic guidance on portfolio related matters and evaluating new business segments, in addition to managing the national business efforts for the ABL team. Barr, who joined CIBC in 2011, previously served as head of business development and strategy for the bank’s ABL Group.
“Brandon’s deep understanding of the industry and his proven track record of success make him the ideal candidate to lead our ABL team,” said Bruce Hague, Executive Managing Director and Co-President, Commercial Banking CIBC Bank USA. “We are confident that under Brandon’s leadership, we will further strengthen our position as a leader in asset-based lending, and continue to support the ambitions and success of our clients.”
In this new role, Barr will continue to build on the strong foundation established by Bruce Denby, who he will continue to report to, and Bob Corsentino. Corsentino is transitioning to a new part-time role as the senior director and credit risk advisor for CIBC’s US Commercial Banking and ABL teams. In this capacity, he will provide valuable insights and guidance in credit risk management, reporting to Bruce Hague.
About CIBC
CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the US, CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.
For further information:
Kristy L. Daube, Head of US Media Relations, 770-617-0591, kristy.daube@cibc.com.
Member FDIC and Equal Housing Lender. Loans are subject to credit approval. The CIBC logo is a registered trademark of CIBC, used under license. Investment Products Offered are Not FDIC-Insured, May Lose Value and are Not Bank Guaranteed
