Ex-CIT Managing Director to Lead Webster Debt Capital Markets

Webster named Paco Torrado senior vice president and head of Capital Markets. He is based in Manhattan, reporting to Andre Paquette, senior vice president and co-head of the Sponsor and Specialty Finance group.

“Paco is a seasoned debt capital markets professional who will be instrumental in developing Webster’s underwriting and distribution capabilities in the middle market,” Paquette said. “His 20-plus years of capital markets experience will certainly complement an already talented group of originations and structuring bankers in delivering outstanding deal execution for our customers.”

Prior to joining Webster, Torrado was with CIT Group as managing director, Capital Markets.

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