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Stock impact report

WebBank Announces Ken Laudano named SVP – Head of Credit Structuring & Counterparty Risk [Yahoo! Finance]

Steel Partners Holdings LP LTD PARTNERSHIP UNIT (SPLP) 
US:NYSE Investor Relations: steelpartners.com
Company Research Source: Yahoo! Finance
Ken joined WebBank in May 2024, and in this newly created role he will lead the team responsible for managing the credit risk of WebBank's asset finance lending portfolio. This includes review and approval of new counterparties and deal structures, effective challenge of the underwriting and cash flow modeling process, as well as proactive risk management of all asset finance credit exposures. Ken and his team will also work closely with the Asset Finance team on the due diligence of new deals, the ongoing monitoring and surveillance of existing deals, and the build-out of a robust asset finance lending infrastructure. He will also play a significant role in developing the future strategy of the Asset Finance business at WebBank. Ken brings more than 20 years of asset finance industry experience to the role, including extensive credit structuring, cash flow modeling, and portfolio management expertise. Before joining WebBank, Ken worked at East West Bank where he served as SVP / De Show less Read more
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