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CIBC Announces Promotions Within Asset-Based Lending Team

January 10, 2025, 08:15 AM
Related: Banking News, CIBC

CIBC US announced the promotions of Ron Kerdasha, Ramsey Naber and Susan Lanz within its Asset-based Lending (ABL) team. These promotions recognize their significant contributions and leadership abilities, reinforcing the bank’s commitment to helping clients reach ambitious possibilities.

Kerdasha, who has over 35 years of ABL industry experience, has been promoted to Regional Originations Manager, covering the Great Lakes to the Atlantic Coast. In this role, he leads the Eastern Region team strategy, focusing on sales, marketing and talent development. He joined CIBC in 2023 as managing director and senior business development officer, where he successfully led asset-based lending originations in the Mid-Atlantic and Northeast. He played a key role in expanding the bank’s referral source network and fostering important 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 and its predecessor MB Business Capital in the Northeast. He earned a Master of Business Administration from Fordham University and a bachelor’s degree in accounting from the University of Delaware. He is a member of the Association for Corporate Growth, Secured Finance Network, Turnaround Management Association and Small Business Investor Alliance.

Naber, who brings over 20 years of asset-based lending experience primarily focused on portfolio management and sales, has been promoted to Regional Originations Manager for the West Region, managing Chicago and regions west of the Mississippi. In this capacity, he will lead the Western team strategy, emphasizing sales, marketing, talent development, and spearheading prospecting efforts across the region. Naber joined the bank in 2022 as managing director and business development officer, where he was responsible for new deal originations and relationship development in the Western Region. Prior to joining the CIBC, Naber served as Asset Based Finance Group Manager at Opus Bank where he was responsible for all facets of the ABL business in the Western US. He received a bachelor’s degree in economics with an accounting emphasis from the University of California, Los Angeles. Naber currently serves as board member, secretary and membership chairman for the Secured Finance Network, Southern California Chapter.

Lanz, now serves as Head of Underwriting - ABL. As a cornerstone of the ABL Group, she collaborates closely with each team to structure proposals, navigate complex credits and provide deal guidance to team members. Her strategic oversight ensures that the bank continues to deliver innovative and effective financing solutions tailored to client needs. Lanz joined The PrivateBank (now CIBC) in 2008 as Managing Director—Underwriting and previously served as First Vice President, Underwriting Manager at LaSalle Business Credit. She earned a bachelor’s degree in accounting from the University of Illinois Urbana-Champaign.

These promotions reflect CIBC’s commitment to recognizing and nurturing talent within the organization. With their extensive experience and strategic vision, Kerdasha and Naber are poised to enhance the bank’s ability to serve clients effectively and drive continued growth within the asset-based lending sector.

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.





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