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Lakeland Bank Strengthens Asset Based Lending Team with Kaestner and Williams

December 04, 2023, 07:15 AM

Following the announcement of Kenneth Kaestner’s appointment to Lakeland Bank’s Asset Based Lending team in October, the Bank announced Diane Williams has also joined the team serving as Vice President, Senior Relationship Manager.

Williams earned her master’s degree in business administration from Rowan University and has 15 years of experience in asset-based lending, most recently having worked for Berkshire Bank. Williams started her banking career as a Credit Analyst with Lakeland Bank and is excited to be back.

She joins Kaestner, Senior Vice President and Team Leader for the Asset Based Lending Team, who brings 25 years of industry experience, and was most recently Senior Vice President and Asset Based Lending Regional Leader at Berkshire Bank overseeing the Mid Atlantic Market

Kaestner said, “I’m thrilled to be part of Lakeland Bank, an institution with a long history and strong reputation. The foundation is in place to be the premier Asset Based Lender serving lower middle market companies throughout the Mid-Atlantic and Northeast regions.”

Ron Krauskopf, First Senior Vice President, Group Leader of Specialty Lending, added, “With industry veterans like Diane and Ken leading the charge, I am excited for the Asset Based Lending team, what we can accomplish together and how the strength of our broad product offering will support existing and future customers.”

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