James Fenner has been named president and chief executive for GE Capital’s leveraged finance business, subject to regulatory approval.
Fenner will be responsible for leading and arranging mid market transactions and building close links with commercial partners such as Mubadala GE Capital and Ares Capital.
He replaces Thomas Greco, who has left to pursue opportunities outside of GE.
The position reports into Rich Laxer, EMEA president and chief executive for GE Capital.
“James is very highly-regarded in the financial industry, with over 20 years banking experience, and his leadership and customer focus will be invaluable as we continue to build our European leveraged finance franchise,” says Laxer. “GE Capital is one of only a few truly pan-European players with a range of products to support customers, such as our recent USD500m accounts receivable finance package for Alcan Engineered Products. James will be in key in delivering our strategy and strengthening our relationship with customers.”
Fenner was previously head of capital markets for GE Capital EMEA, a position that he held since October 2009.
Before joining GE, Fenner was the head of leveraged loan capital markets with Merrill Lynch, a position he held from 2005. Prior to that, he held a variety of roles with Deutsche Bank from 1986, ending as managing director of loan capital markets responsible for project finance, telecoms and leveraged finance.
