Capital One Bank announced that it has appointed Richard Levenson to the newly-created role of Senior Vice President of Portfolio Management in Capital One’s Commercial & Specialty Finance Group. Levenson is based in New York and will be responsible for a broad range of portfolio management activities on behalf of Capital One Business Credit, the Bank's national asset-based lending business.

"We are delighted to welcome Richard to the Business Credit group; his outstanding career and track record of success makes him a great fit with our high performing organization,” said Dan deBrauwere, Head of Capital One Business Credit. “His appointment reflects our commitment to develop a leading, national asset-based lending platform and expanding our commercial and specialty business nationwide.”

Levenson joins Capital One from Citibank, where he worked for the last two years as a credit director and national portfolio manager for its asset-based business. Prior to Citibank, he worked at Bank of America Business Credit for more than 30 years in a variety of portfolio- and credit-focused roles in the asset-based lending business, rising to the senior vice president level.

"The Business Credit team is on an exciting trajectory, and I look forward to working alongside this team of dedicated professionals who are committed to providing our ABL clients with superior service and the tailored financing solutions they deserve,” said Levenson.

Levenson holds a Bachelor of Science in Finance from the University of Maine at Orono.

Capital One Bank’s Commercial and Specialty Finance Business serves clients through a team of more than 200 associates who have expertise in technology, healthcare, security and defense, asset based lending, rediscount finance, municipal finance and equipment leasing and finance. Capital One Bank’s Commercial Business leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.