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Mike DiCecco – EVP, Huntington Bank on Strategic Alignment in Finance

May 13, 2019, 07:00 AM

VIDEO INTERVIEW: Mike DiCecco, Executive Vice President, Huntington Bank and President of Huntington Equipment Finance, discusses the importance of being strategically aligned with a bank parent, and the value of utilizing the data developed by banks to empower bank-owned equipment finance companies to successfully weather the next economic cycle.

DiCecco explains how finance companies and banks used to be “backward looking,” but today all parts of a bank must take a “forward looking” posture be best prepared for the future. DiCecco describes how he and his team have reflected upon the challenges faced during difficult economic cycles, and how the utilization of new data provided by Huntington Bank has re-energized his credit teams to identify future lending risks early. This strategy of aligning with the bank and strategically taking full advantage of all the data and resources a bank has to offer is enabling his team to anticipate customer behaviors under changing economic conditions.

Equipment Finance Advisor’s Thought Leadership Videos feature interviews with subject matter experts and leaders from bank-owned equipment finance companies, leasing companies, banks, independent commercial finance companies, consultants, service and product providers and more – offering their candid thoughts in interviews broadcast via Equipment Finance Advisor’s YouTube Channel.

Mike DiCecco
Executive Vice President | Huntington Bank
Comments From Our Members

Bob Rinaldi • View APN Profile
Since their latest CEO took the helm at Huntington, they have been more forward-looking than most all banks their size, especially in the C&I lending space. That combined with the aggressive and forward-looking management team at HEF under Rick Remiker and now Mike DiCecco and strategists like Jeff Elliott, it is no surprise that HEF is a great growth model for what banks can do in our industry If they have a non-conventional CEO! Great Team, Great Job Guys! Kudos.
5.14.2019 @ 8:24 AM

William Verhelle • View APN Profile
Very nice interview Mike! ... hope you and your family are well. - Bill
5.15.2019 @ 8:10 PM
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