Peapack-Gladstone Financial and Peapack-Gladstone Bank introduced a new member of the team of private bankers of Peapack Capital, a subsidiary of the bank, which focuses on equipment finance and leasing.

Rich Johnston, senior vice president, Capital Markets at Peapack Capital is now responsible for indirect originations of leasing and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries in addition to all out-bound syndications.

Johnston has over 25 years of leasing and structured finance expertise in the origination of middle market and large-ticket asset finance transactions in the primary and secondary syndication markets and on a direct basis.

He most recently served as director of Syndications at Sumitomo-Mitsui Finance & Leasing, responsible for all indirect originations for the New York branch of a $40 billion global finance company, originating $108 million in new business volume in the past year. Prior to that as senior vice president, Citizens Asset Finance, he originated $700 million in new business volume. Johnston also served in Capital Market roles at, AIG Commercial Asset Finance and Siemens Financial Services where he earned the President’s Club award for outstanding achievement on two occasions.

Peapack-Gladstone Financial is a New Jersey bank holding company with total assets of $4.17 billion as of June 30, 2017.