CIBC added Ron Kerdasha, a business development officer with over 30 yeasrs of industry experience, as a new business development officer to its Asset-Based Lending team, furthering their commitment to serving middle market clients across the US.

In his role, Kerdasha leads asset-based lending originations in the Mid-Atlantic and Northeast, while expanding the bank’s referral source network and focusing on key relationships with middle market companies, private equity groups, mezzanine lenders, investment banks, turnaround consultants and other advisors. Prior to joining CIBC, he served as regional group head for Fifth Third Business Capital in the Northeast.

Kerdasha earned a Master of Business Administration from Fordham University and a Bachelor of Science degree in accounting from the University of Delaware. He is a member of the Association for Corporate Growth, SFNet, Turnaround Management Association and Small Business Investor Alliance.

CIBC’s Asset-based Lending team specializes in crafting financing solutions specifically for middle-market business owners and executives. Their breadth of products and services are tailored to clients interested in securing asset-based financing for acquisitions and mergers, recapitalization, balance sheet restructuring, business growth and more.