Citibank, N.A. (Chicago) announced Joseph Lehrer has been named Senior Vice President for the Bank’s Asset Based Finance group. In this capacity Lehrer is responsible for Citi Commercial Bank’s Asset Based Finance presence in the Midwest.  He is focused on sourcing, structuring and closing ABL solutions for companies with minimum revenues of $150 million and credit facilities of $35 million or greater, for working capital, growth, re-financings, restructurings, acquisitions or re-capitalizations.  A particular focus is on businesses with international operations due to the global reach of Citibank.
 
Lehrer has over 25 years of experience in the commercial finance industry.  He was with JPMorgan for over ten years and held various leadership positions within the bank including head of the restructuring group for Bank One Capital Markets Inc.  Before that he was a Senior Vice President at Bank of America Business Capital and most recently he was with Fifth Third Bank’s ABL group.
 
Lehrer earned his BS in accounting from Indiana University, is a Certified Public Accountant (inactive) and holds FINRA series 7 and 63 securities licenses.

Lehrer is active in many trade associations and holding various leadership positions with the Commercial Finance Association (CFA) such as current Vice Chair of the Convention Planning Committee, past member of the Executive Committee and past President of CFA’s Midwest Chapter.