Kimberly Montgomery took over as the new vice president, Healthcare Originations leader for TIAA Commercial Finance at TIAA Bank.

Montgomery will be responsible for overseeing the healthcare equipment finance platform and client relationships and will report to Justin Tabone, senior vice president and originations group leader for TIAA Commercial Finance, who formerly oversaw the healthcare division.

“Kim has been instrumental to the success of our vendor finance programs and capital markets business. She has led the Indirect/Capital Markets team as vice president, originations leader since 2014,” said Tabone. “Kim’s long history of successes serving vendor relationships and developing healthcare programs has well prepared her for this new role overseeing healthcare originations.”

“I’m thrilled to lead TIAA Commercial Finance’s healthcare division,” said Montgomery. “I’ve spent most of my career in equipment finance and know what a difference it makes for our clients to have an industry-focused financial partner to help navigate the ever-changing healthcare environment. The equipment we finance helps save lives, so this work is particularly meaningful. I’m excited to lead this division and look forward to continued success.”

Montgomery has worked in the healthcare equipment finance space for more than 20 years, developing finance solutions to facilitate the implementation of healthcare technology. Prior to joining EverBank Commercial Finance, TIAA Commercial Finance’s predecessor in 2011, she spent 17 years at U.S. Bank Equipment Finance.