Mike Wiedemer, National Sales Director of First American Equipment Finance, has been elected to the Equipment Leasing and Finance Association’s (ELFA’s) Financial Institutions Business Council Steering Committee. He joins as First American CEO Alan Sikora completes his tenure on the committee. Sikora had served on the committee since 2012, most recently as its Chair.

“I am very grateful for the opportunity to serve in this role and further the good work of the association,” said Wiedemer.

The ELFA is the trade association representing the $1 trillion equipment finance sector. The Financial Institutions Business Council Steering Committee is one of the primary constituent bodies at the ELFA. The committees are an integral part of ELFA’s operations, providing critical input on the direction of the association and serving as a bridge between the membership and the Board of Directors and staff. The committee members are elected by the Business Council membership for a term of two years on a staggered basis.

The Financial Institutions Business Council Steering Committee represents member companies (commercial banks, investment banks, multi-line finance companies) engaged in the middle market and large ticket equipment finance sectors.

First American Equipment Finance is a wholly owned subsidiary of Los Angeles, CA-based City National Bank. First American is ranked among the largest equipment finance companies in the United States, and provides commercial equipment financing to the most creditworthy and sophisticated commercial borrowers in the country.