Kirk S. Phillips, President and CEO of Wintrust Commercial Finance, has been selected to serve as Chairman on the Financial Institutions Business Council Steering Committee for the Equipment Leasing and Finance Association (ELFA). This will be Phillips’ fourth year to serve on the council.

“I am truly excited to serve as chair for this year’s council,” Phillips said. “It has been an honor to serve with key industry leaders over the last few years, and I’m looking forward to continuing our work to address the growing challenges and demands of our industry.”

The Financial Institutions Business Council Steering Committee is one of five primary constituent bodies at 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, 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 bank-related and other financial institutions engaged in the middle market and large-ticket sectors, including commercial banks, investment banks, and multi-line finance companies. The committee analyzes the needs of companies in this segment and recommends to the board how to meet those needs.