Axos Bank, the nationwide bank subsidiary of Axos Financial, has introduced a Middle Market Banking Division, appointing Kristian (Kris) Ilkov as executive vice president and head of the new segment. The division aims to provide tailored banking and financing solutions to middle market clients in key industries.

Serving companies with revenues between $25 million to $3 billion in healthcare, gaming, aerospace and defense, Axos Bank’s Middle Market Banking division will provide industry-leading treasury management services, comprehensive banking services, and tailored financing solutions to middle market companies.

Ilkov joins Axos as executive vice president, head of Middle Market/Mid Corp Banking from Umpqua Bank, where he was responsible for serving clients in the Southwest region. Prior to Umpqua Bank, Ilkov spent 15 years at Bank of the West/BNP Paribas serving in various roles, including managing director and senior vice president.

“We continue to expand our commercial lending capabilities and talent base through opportunistic additions to our team,” David Park, executive vice president of Commercial Banking and Treasury Management at Axos, said. “We are confident that Kris has the relationships and expertise to grow our Middle Market team in a methodical and strategic way.”

“I’m excited about building and growing the Middle Market Banking Group at Axos,” Ilkov said. “We have a strong team in place, and we will look to enhance our expertise in select industries and geographies where Axos historically has not had a significant presence in. Axos’s entrepreneurial culture and strong reputation provide me with a strong foundation for success.”