October 16th, 2024, NEW YORK – Modern Banking Group (MBG) is excited to announce that banking industry veteran, Steven Caligor, has joined our Executive Management Team as Chief Lending Officer and Executive Vice President. In this role, Mr. Caligor will lead our commercial lending activities, drive growth strategies, expand relationships, and support credit and portfolio oversight. With over 30 years of experience in executive management, commercial banking, credit, and finance, Mr. Caligor brings a wealth of expertise to our team.
Prior to joining MBG, Mr. Caligor held executive leadership positions at various banks, including BHI (Bank Hapaolim), where he was Executive Vice President and Division Executive leading the bank’s national commercial real estate and healthcare divisions. In addition, he was First Senior Vice President at Bank Leumi USA, overseeing the C&I, healthcare, and equipment finance verticals. Mr. Caligor has also held various executive roles overseeing sales, credit, and portfolio management at Signature Bank, Monticello Asset Management, and Greystone and Co.
“We look forward to Steve’s professional energy, making an immediate impact on our operations and are thrilled he has joined MBG. Steven has a strong credit and strategy background alongside proven business development and lending experience across multiple verticals and industries. He comes with market presence, leadership experience, a comprehensive relationship banking background, and the ability to launch and guide new lending platforms. Steve’s diverse skillset offers MBG operating flexibility and management depth as we enter our next stage of portfolio and regional growth,” states Yair Talmor, CEO of MBG.
“I am excited to be part of MBG and working with Yair again. Collectively, we make a strong team as we have worked together at two other financial institutions with great success. I look forward to being a meaningful part of the Executive Team, an engaged leader and mentor to the staff, and helping advance MBG’s scale and operations. These are exciting times for MBG and I am thrilled to be part of it.” says Steve.
Steven holds an MBA in Finance and Investments and BBA in Marketing, both from The George Washington University.
About MBG
Modern Bank, N.A., is a privately owned, entrepreneurial bank that provides flexible, competitive and reliable senior debt financing solutions to commercial companies. Our experienced bankers specialize in working with lower middle-market companies and their owners to provide low-cost cash flow based financing solutions. Whether expanding a business, acquiring a company, or financing a new product, clients have come to rely on our deep credit market and industry knowledge, and the ability to provide tailored solutions for a variety of credit-related needs.
MBG is an Equal Housing Lender and deposits are insured by the FDIC. MBG is an Equal Opportunity Employer. We do not discriminate on the basis of any legally protected status and respect diversity.
