BHI has announced the appointment of Louis Barone as Senior Vice President, Team Leader of Middle Market General & Brand Financing.

Louis has more than 35 years of experience in all aspects of factoring, commercial finance and risk management. He was instrumental in establishing the factoring business and developing new product offerings at several well-known financial institutions. Louis will be instrumental in leading BHI’s General C&I and Brand Financing teams and continue expanding and managing markets.

Louis will report to Mitchell Barnett, EVP, Division Executive – General Middle Market & Brand Financing at the Bank’s New York City Headquarters.

Louis Barone says: “I’m joining BHI at an exciting time of steady growth, and I’m looking forward to applying my experience and expertise to help BHI expand its Middle Market footprint. I’m working alongside a great group of bankers who are committed to building genuine relationships with our customers and offering the best in banking services that will further contribute to continued success.”

Mitchell Barnett says: “As BHI grows its middle market presence, we are attracting great talent with sector expertise. Louisbrings a wealth of knowledge and experience, and he has an excellent reputation within the industry. I am confident that he will prove to be an invaluable member and play a vital role at BHI.”

Louis was most recently employed as Managing Director and Head of New Business Development at CIT Group. He holds a bachelor’s degree from New York Institute of Technology.

About BHI

BHI, the U.S. division of Bank Hapoalim, Israel’s leading financial institution, provides commercial lending solutions to Middle Market clients in the following sectors: commercial real estate; food and beverage; entertainment; apparel; healthcare and high-tech. In addition to its New York headquarters, the bank operates Representative Offices in the United States: Woodcliff Lake, New Jersey; Aventura, Florida; and two locations in California, downtown Los Angeles and Beverly Hills.