Berkshire Bank announced a new addition to its Commercial Banking team. Kenneth Kaestner will serve as Senior Vice President, Asset Based Lending (ABL) Regional Leader of the mid-Atlantic.

Kaestner brings over 20 years of ABL experience to the Bank.  Prior to Berkshire Bank, Kaestner held the title of SVP, Team Leader and Relationship Manager at PNC Business Credit, a division of PNC bank.  In this role, he was responsible for managing a team, enhancing business development and contributing to overall growth for the company.

As SVP, ABL Regional Leader for Berkshire Bank, Kaestner will supervise a team of ABL relationship managers, portfolio managers and administrative support personnel to develop new ABL business relationships in the mid-Atlantic region. He will also utilize his regional and community knowledge to maintain and grow an existing customer base.

Kaestner holds a BS in Finance from the College of New Jersey and is a current board member of the Commercial Finance Association, Philadelphia Chapter.

"Kaestner will be instrumental in leading the Bank’s initiatives in driving growth and retention through an integrated sales and relationship strategy throughout the mid-Atlantic footprint," stated Michael D. Carroll, EVP, Commercial Lending. "We are thrilled to have an experienced professional to support Berkshire Bank's commitment to the region and our customer focused approach as we continue to grow and pursue our strategic objectives."