BMO Harris Bank announced it has hired Michael Ganann as Managing Director, Retail Originations, Asset-Based Lending. He will lead the coverage efforts in calling nationwide on BMO clients and prospects in the retail industry.

“Our Asset-Based Lending team has been experiencing exceptionally strong growth, and we see retail finance as an opportunity for even further growth,” said Mike Scolaro, Head, Asset-Based Lending, BMO Harris Bank. “Mike Ganann is very well known in the retail finance sector, and he will bring tremendous experience and industry knowledge to our customers, and to our collective team.”

Ganann, who earned a BBA in Finance from Baylor University and an MBA from Boston College, has over 20 years of experience, including 15 years in the Retail Finance ABL industry, and several years as a Technology Finance cash flow lender. Ganann joins BMO after more than seven years in a leadership role with Citizens Bank’s Retail Finance Group, where he helped grow the client base significantly.  His prior experience includes roles with Wells Fargo Capital Finance and Bank of America Retail Finance, and he began his career in retail asset disposition and inventory appraisal work in the Boston area.