CIBC Appoints Buren Managing Director, U.S. Business Development

CIBC has expanded its U.S. asset-based lending capabilities with the addition of Mark Buren as Managing Director of Business Development in Baltimore.  

“CIBC has had an established market presence in the Mid-Atlantic region through our Private Wealth Management teams in Washington D.C. and Baltimore for many years,” said Bruce Denby, managing director and group head of U.S. Asset-based Lending at CIBC. “Mark’s strong asset-based lending experience and understanding of the market will allow us to deliver very client-focused commercial banking solutions to family-owned or sponsor-backed, middle market companies throughout their various business life stages.”

Buren joins CIBC from AloStar, a division of Cadence Bank, where he most recently served as Director. There, he was responsible for business development of asset-based lending opportunities for middle market companies who were experiencing either growth or a transition within their business.