Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD) announced the hiring of Todd Eubanks as SVP, Underwriting and Portfolio Risk. As a member of the Executive Leadership team, he will be responsible for setting the direction of the company’s credit risk functions, culture and policies, helping to advance Accord’s credit strategy and the processes and controls designed to mitigate risks within the loan portfolio. Accord offers tailored financial solutions for a diverse set of client types, requiring a broad range of credit strategies.
“Todd’s proven track record managing risk, combined with his experience in effective management of credit strategies, will help us continue to strengthen our systems and solutions,” stated Simon Hitzig, President, Accord Financial. “He shares our passion for simplifying access to capital and will be a tremendous asset to our clients and our team.”
Todd brings over 20 years of credit risk management experience to Accord, most recently as a senior risk management executive at GE Capital where he led middle market lending and project finance transactions for private equity and corporate clients. He has an undergraduate degree in Civil and Environmental Engineering from the University of Michigan and an MBA in Finance from the University of Connecticut School of Business.
“Accord’s dedication to sustaining a strong credit culture and their commitment to strategic growth through excellence in analysis and execution is what drew me to the company,” stated Todd. “This is an exciting time to join such an innovative organization.”
About Accord Financial Corp.
Accord Financial is North America’s most dynamic commercial finance company providing fast, versatile financing solutions for companies in transition including factoring, inventory finance, equipment leasing, trade finance, and film/media finance. By leveraging our unique combination of financial strength, deep experience, and independent thinking, we craft winning financial solutions for both small businesses and medium-sized enterprises, simply delivered, so our clients can thrive. For 43 years, Accord has helped businesses manage their cash flows and maximize financial opportunities. www.accordfinancial.com