Michael DiCecco, a 25-year banking veteran, has been named president of Huntington Equipment Finance, the bank announced today. Over the last decade, DiCecco helped to launch the bank’s equipment finance division and drive its growth to more than $2.4 billion in assets and more than $1.4 billion in annual new business volume.
DiCecco first joined Huntington in 2001 and most recently served as chief commercial officer and equipment finance product line executive. In his new role, he reports to Rick Remiker, executive vice president and executive managing director of Specialty Banking. DiCecco oversees a team of 68 professionals offering clients expertise in business aviation, railcar, lender finance and municipal finance.
“Michael understands the equipment needs of businesses and what is most cost effective for them in the leasing and financing of equipment,” said Remiker. “As a long-time resident of Cleveland, Ohio, Michael knows the Midwestern economy and the challenges and opportunities of businesses located here. He’s worked tirelessly to concentrate our talent in key industry sectors and position Huntington as a valuable asset to businesses across the Midwest.”
“Huntington has created a strong and experienced team of equipment finance professionals to help businesses make wise financial decisions about their equipment,” said DiCecco. “I am delighted to be spearheading equipment financing at Huntington.”
DiCecco serves on the Financial Institutions Business Council and Membership Committee of the Equipment Leasing and Financing Association. His involvement in the greater Cleveland community over the years has included service on the boards of The Centers for Families and Children, the American Heart Association. He has also worked closely with the United Way of Greater Cleveland and the Foundation of Independent Colleges.
DiCecco has a bachelor’s degree in business from the College of Mount St. Joseph and is a member of the Leadership Cleveland class of 2008.
Huntington Bancshares Incorporated is a $56 billion regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial products and services. The principal markets for these services are Huntington’s six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of more than 700 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,400 ATMs. Through automotive dealership relationships within its six-state banking franchise area and selected other Midwest and New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.