Scottrade Bank Equipment Finance announced Jourdan Saegusa has been named as senior vice president and chief operations officer for the division.

“Jourdan has been the key architect of the system development activities since our inception and has helped chart the course for the platforms our company has and will utilize going forward,” said Fred Van Etten, president of Scottrade Bank Equipment Finance. “His experience in this industry and in helping clients grow their businesses is unparalleled.”

Saegusa was previously senior vice president of corporate development for Scottrade Bank Equipment Finance – responsible for the capital market and operational functions of the division. He has been with Scottrade Bank Equipment Finance since it began lease and loan originations in 2013. He has more than 20 years of experience in the leasing field, previously working in senior roles at Popular Equipment Finance, a subsidiary of Banco Popular North America (BPNA), until it sold to TCF Equipment Finance, a subsidiary of TCF Financial, in 2009.

The division of Scottrade Bank specializes in originating, structuring and syndicating commercial leases, loans and finance agreements for U.S. businesses nationwide. The division completed its first full year in business in 2014 and continues to grow in size and stature due to the growth in the economy and as capital expenditure spending continues to improve in the country.