IBJ Schroder Business Credit Corp., New York, a subsidiary of IBJ Schroder Bank and Trust Co., hired William Lucas as an executive vice president and the manager of its equipment finance department.

He reports to Edward Fanning, president and chief executive officer of the subsidiary.

Mr. Lucas was the chief asset management officer at AT&T Capital Corp. Before that he was senior vice president and chief risk management officer at MetLife Capital Corp. He has 30 years' experience in the leasing and lending industry.

The Schroder subsidiary also hired Lyle P. Cunningham as a vice president in its Boston regional office. The company said he will work closely with the head of that office, senior vice president Edward Paslawski, on lending in New England.

Mr. Cunningham was a vice president in the national middle-market area of CoreStates Bank, which First Union Corp. bought in April.

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