People’s United Bank announced that former GE executives Patrick Lee and Tom Noto have joined the People's United Business Capital (PUBCAP) team in the New York Metro area. 

Lee joins PUBCAP’s Asset Based Lending Business Development team as a Senior Vice President, Senior Underwriter. Based in Iselin, NJ, he will help develop and underwrite new business in the Northeast. 

An industry veteran with a proven track record of success in a variety of functional and managerial roles, most recently Lee joined GE Capital as a part of the company’s acquisition of Merrill Lynch Capital. There he held senior roles in GE Corporate Finance and GE Antares as a team leader in credit risk underwriting of restructuring, ABL, and cash flow transactions, as well as portfolio management in GE Capital’s Loss Mitigation group. Previously, Lee served as a senior originator at Bank of America/Fleet Capital and CIT, where he also gained experience as an underwriting manager in the Business Credit group.

Located in the PUBCAP New York City office, Tom Noto, a 25-year veteran of GE and GE Capital, joins PUBCAP’s sales team in New York and Connecticut as a Senior Vice President, Business Development Officer.  He most recently served as Managing Director in GE Corporate Finance and additionally held roles of increasing responsibility in accounting, finance, business development and Six Sigma. 

Noto is a Graduate of GE’s Financial Management Program.

People's United Bank, N.A. is a subsidiary of People's United Financial, Inc., a diversified financial services company with over $39 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.