FINANCE

Express Trade Expands Team With 1st SVP Appointment

Express Trade Capital Inc. named Ignatius “Nat” Marotta as first senior vice president for the New York–based finance company, which specializes in trade finance, factoring and purchase-order financing.

With more than 35 years of factoring and banking experience, Marotta’s career has included senior-level positions with CIT, HSBC and Bank Leumi.

“We are extremely fortunate to be able to attract talent of the caliber of Ignatius Marotta,” said Mark Bienstock, Express Trade’s managing director. “The combination of his superior reputation along with his new business and credit skills make him a welcome addition to our growing team of professionals.”

Founded in 1993, Express Trade recently opened a Los Angeles office, headed by Dina Davletshina.