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#3 -_ 1 (1)

January 17, 2023

Source: BHI

NEW YORK, Jan. 17, 2023 – BHI, a full-service commercial bank, announced that it has appointed Nitin Aeri as Head of Cash Management.  Aeri brings to BHI more than 20 years of experience in treasury and cash management across commercial, corporate and multinational client segments covering the management of product P&L, sales, risk, payment and collection products and technology, as well as implementation and service processes.

“Nitin is a seasoned executive who comes to the bank with an extensive career that spans all functions across cash management. His comprehensive and in-depth knowledge combined with his leadership experience will be an invaluable addition to the BHI team.  Nitin’s appointment is part of our ongoing growth and dedication to offering clients enhanced services and solutions,” said John Yoler, BHI Executive Vice President and Head of US Commercial & Industrial.

Aeri spent the previous 17 years with HSBC Bank USA, where he served most recently as SVP Global Liquidity, Payments and Cash Management, Commercial and Business Banking.  In that role, he coordinated a team of treasury management leaders in product, financing, risk management, servicing, implementation and sales, leading the bank’s cash management organization to meet targets for client acquisition and revenue.

Aeri also held the positions of US Product Commercialization Manager for HSBC’s Global Wallet service, Liquidity and Cash Management.  He earned his MBA in finance and accounting from Fordham University, the Gabelli School of Business, and a BS degree from the Ohio State University.

About BHI (www.bhiusa.com)

BHI, the U.S division of Bank Hapoalim, Israel's leading financial institution, provides commercial banking solutions to middle market clients in sectors including: commercial real estate; general, domestic and Israeli C&I; private equity; food and beverage; apparel; healthcare; corporate banking; and high-tech.  In addition to its New York headquarters, the bank operates U.S. Representative Offices in Woodcliff Lake, New Jersey; Miami, Florida; and Los Angeles, California.