Mr Flomen has been appointed as vice president and will be responsible for business development and for sourcing middle-market commercial borrowers, based in Toronto. Mr Flomen has 12 years of experience in asset-based lending, most recently with Accord Financial Group.
Mr Hiscock has been appointed as vice president and will be responsible for business development and for sourcing middle-market commercial borrowers, based in Toronto. He brings to the position 13 years experience in asset-based lending, most recently with CIT Business Credit Canada.
Mr Sharp has been appointed as vice president, responsible for business development and for sourcing middle-market commercial borrowers in Quebec and eastern Canada, based in Montreal. He brings to PNC 30 years of experience in asset-based, corporate and structured finance, most recently with Wachovia.
Mr Smith said: “Expansion of this team of asset-based lending experts in Canada demonstrates PNC’s commitment to the local business community. These specialists understand the challenges facing executives today and deliver a financing option backed by the reputation and financial stability of PNC.”
The appointments are part of the continuing growth of PNC Bank Canada Branch, the name under which US-based PNC Bank, does business in Canada.
