MB Financial Bank announced that Edward A. Dahlka, Jr. will retire from his position as president of Cole Taylor Equipment Finance (CTEF), a subsidiary of MB Financial Bank, effective March 1, 2015. Dave Drury, formerly managing director of CTEF, will head the organization.

“Our clients and our organization have benefited from Ed’s incomparable knowledge, experience and leadership and his retirement will leave a void,” said Mark Hoppe, president and CEO, MB Financial Bank. “We’re fortunate to have a highly experienced and successful industry leader like Dave Drury to continue CTEF’s forward momentum.”

Cole Taylor Equipment Finance is a subsidiary of MB Financial Bank. Cole Taylor Equipment Finance seeks direct equipment lending opportunities and syndicated deals in the $2 million to $20 million range.