Customers Bancorp in Malvern, Pa., has formed a new loan syndications banking team, marking an expansion in middle-market lending.
The $20 billion-asset company said in a press release that it hired Kyle Silberman as a managing director and head of loan syndications. He previously served as head of syndications at Amerant Bank.
The team will largely focus on the commercial real estate, health care, fund finance, technology/venture and financial institution sectors.
“We are excited to announce the launch of this expanded team and to welcome Kyle to the bank’s financial services group, where he will bring his larger institutional expertise to our clients,” Sam Sidhu, Customers Bank’s president and CEO, said in the release.
“Kyle will leverage our robust network of financial institutions to structure and arrange investor groups to assist with the debt financing needs of capital-intensive transactions to help our clients take on tomorrow,” Sidhu added.