Renasant Bank is pleased to announce the expansion of its Asset Based Lending Division with the addition of two new team members and the promotion of a third. John Willis and Brian Gagel have joined the Business Credit Team
Willis has joined as Senior Relationship Manager in its Asset Based Lending Division. In his new role with Renasant, Willis will have responsibility for originating, underwriting, closing and managing asset based loans with the Southeastern U.S.
Gagel has been named Relationship Manager and he will initially have responsibility involving ABL loan operations, collateral analysis, and credit underwriting and account management.
Additionally, Rechelle Bates has been elevated to ABL Loan Operations Manager.
Mike Knuckles, Renasant ABL Division Manager, said, “We are delighted to have John and Brian to join our asset based lending group in Atlanta. They will be an excellent addition to our team. In addition, Rechelle’s promotion is well deserved and a reflection of her commitment to our team and her high level of engagement.”
Renasant Corporation, a 110-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $6 billion as of March 31, 2014. Renasant operates over 120 banking, mortgage, financial services and insurance offices in Alabama, Georgia, Mississippi and Tennessee.