First Midwest Bancorp, parent company of First Midwest Equipment Finance, announced it has appointed Mark Sander as President, effective immediately. Sander will continue in his current roles as Chief Operating Officer and a Director of the company, as well as President, Chief Operating Officer and a Director of First Midwest Bank.
“Mark’s appointment is a natural extension of the important role he has played over the past seven years in helping us deliver strong growth and business performance,” said Mike Scudder, Chairman and Chief Executive Officer of First Midwest. “His strategic insight and exceptional leadership will serve us well as we continue our position as Chicago’s premier commercial bank and execute on our vision of being our clients’ most trusted financial partner.”
Sander’s extensive experience and proven track record in the financial services industry spans more than 35 years. He joined First Midwest in June 2011 and has had direct management responsibility for the operating performance of First Midwest Bank, including oversight of the Bank’s Commercial, Consumer and Wealth Management lines of business, as well as Credit Administration, Operations, Information Technology, Marketing and Communications.
First Midwest’s principal subsidiary, First Midwest Bank, and other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services through locations in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa.
The company launched First Midwest Equipment Finance in 2015. First Midwest Equipment Finance was a re-brand of National Machine Tool Financial Corporation, a leasing company that First Midwest Bank acquired in 2014.