Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, hired Doug Nielsen as senior vice president and chief sales officer. Nielsen will be responsible for managing all new vendor business development activities and program relationship management, working closely with all Wintrust entities to support the growth and success of the organization.

“I’m thrilled to be joining the WSF team and to have the opportunity to further develop and expand WSF’s exceptional portfolio of clients across so many high-growth and high-yield industries,” Nielsen said. “Wintrust has built itself into a market leader by delivering innovative and reliable equipment finance and leasing solutions, and I’m looking forward to channeling my passion for business development into new opportunities and continued growth on behalf of our partners and customers.”

Prior to joining Wintrust, Nielsen, who has more than 35 years of experience, held various senior leadership roles with Key Equipment Finance, Bank of America, El Camino Resources and Highline Capital Group, among others.

“Doug’s industry knowledge and expertise will be vital as we continue to implement our strategic growth initiatives, and we couldn’t be more excited to have him on our team,” David Normandin, CLFP, president and CEO of Wintrust Specialty Finance, said. “Doug has built his career using data and insights to drive sustainable business growth, and I have no doubt that his leadership will fuel new growth for our business, motivate our team and further the stellar reputation of WSF as a whole.”

Editor’s Note: The original URL for this article had Nielsen’s last name misspelled. The error has been corrected. Monitor apologizes for the error.