Columbus, Ohio-based Banc One Corp. has hired Gerard B. "Jerry" Knell as vice president of asset-based lending for western Pennsylvania.

Mr. Knell, who worked for S&T Bank of Indiana, Pa., has 32 years of experience in commercial and corporate finance.

He will open an office for the western Pennsylvania commercial banking market and be responsible for providing secured credit to high-growth companies, relying primarily on inventories and receivables.

"Banc One views western Pennsylvania as a long-term growth opportunity that requires a full-time presence," Mr. Knell said.

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