First Financial Bancorp (FFBC) in Cincinnati has promoted Brad Ringwald to president of corporate banking.
The corporate banking group provides asset-based lending, equipment financing, international banking, Small Business Administration lending and treasury management to clients at the $6.4 billion-asset First Financial.
First Financial also recently added cash flow management and mezzanine lending to the corporate banking group's repertoire of services. These products give First Financial a way to make loans based on cash flow to businesses involved in making acquisitions.
"It's an underserved market right now," Ringwald said of that line of business. He added that First Financial "can really gain some efficiencies when we put all of the corporate products into a single group."
Ringwald, who has 18 years of commercial banking experience, joined First Financial in 2006. He has been the president of First Financial's specialty finance group since the unit was established three years ago.
First Financial operates 110 banking offices in Ohio, Kentucky and Indiana. It is the second-largest bank based in Cincinnati, trailing only the $130 billion-asset Fifth Third Bancorp (FITB).