Wells Fargo Capital Finance, part of Wells Fargo & Company, announced today that Richard Zeni has joined its Loan Originations team in Canada as a business development officer. Based in Toronto, Zeni is primarily responsible for sourcing and structuring flexible asset-based financings for companies with credit needs of $5 million and above. He will cover Ontario and Manitoba provinces. In addition, Zeni will be responsible for sourcing financings for other specialty units within Wells Fargo Capital Finance, including retail, commercial finance, and technology. Zeni will report to Steve Bishop, executive vice president of Wells Fargo Capital Loan Originations for Canada.
“Richard has a great financial services expertise and a broad skill set that will bring a dynamic approach and innovative thinking to our team,” says Bishop. “Wells Fargo Capital Finance has been in Canada for more than 20 years. This is a very important market for our company and our business and we will continue to strengthen our capabilities and presence here in order to provide our customers with the financial resources and support they need to be successful.”
Prior to joining Wells Fargo, Zeni spent 12 years working at GE Capital Canada in their Corporate Finance Group, where he managed asset-based and cash flow relationships. He was also in charge of structuring and underwriting transactions with middle market companies throughout the country. Prior to GE, Zeni spent three years at PriceWaterhouseCoopers in their Corporate Finance Advisory Group, as well as three years as a senior auditor at Arthur Andersen. He is a Chartered Professional Accountant, Chartered Accountant, and a Chartered Financial Analyst and received his Bachelor of Business Administration with honors from the Schulich School of Business, York University. Zeni is also a member of various trade groups, and volunteers his time with several charitable organizations, including Level, the Daily Bread Food Bank, and the Good Shepherd Centre.
Wells Fargo has had a long history in Canada stretching back to 1858 with the opening of an express office in Victoria, British Columbia. Wells Fargo currently has over 600 Wholesale banking team members in Canada to serve corporate, commercial and financial institution customers. Wells Fargo currently operates 18 lines of business throughout Canada, including commercial banking, securities, commercial real estate and asset management?. The company currently has offices in across Canada with main offices in Toronto, Mississauga, Vancouver, Calgary and Montreal.
Wells Fargo Capital Finance is the trade name for certain asset-based lending services, senior secured lending services, accounts receivable and purchase order finance services, and channel finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior and junior secured financing, accounts receivable financing, purchase order financing and channel finance to companies across the United States and internationally.