BMO Harris Bank announced today that it has hired Nima Michael Rassouli as a Director, Asset-Based Lending in Los Angeles, California. In this role, he will lead the coverage efforts and originating and closing Asset Based Facilities on the West Coast.

“Our Asset-Based Lending team has been experiencing exceptionally strong growth and the addition of someone to our new commercial banking office in Los Angeles will add to our capability as a nation-wide full service Asset Based Lender,” said Mike Scolaro, Head, Asset-Based Lending, BMO Harris Bank. “Nima is very well known on the West Coast, and he will bring tremendous experience and industry knowledge to our customers, and to our collective team.”

Rassouli, who earned a BA degree from UCLA and an MBA from the University of Southern California, has over 15 years of experience with ever-increasing roles in the Asset Based Lending business.  Nima joins BMO from East West Bank where he helped grow its Asset Based Business significantly.  His prior experience includes roles with Capital One, Wells Fargo Capital Finance and Bank of America Merrill Lynch.