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People’s United Bank is growing its team and bolstering its commercial banking capabilities in Boston.
The bank recently announced the addition of three bankers in the area to form a franchise finance, technology and private equity finance and not-for-profit finance teams. The three hires are John Dysart, Dave Dailey and Bruce Figueroa.
“As the financial needs of our clients evolve, we must provide the expertise they demand to ensure long-term success,” Patrick Sullivan, executive vice president of the Massachusetts market at People’s United, said in a statement. “Our clients increasingly require specialists who understand the complex challenges they face and can serve as advisors, helping them achieve sustainable growth.”
With more than 25 years of experience, Dysart will lead the newly formed franchise finance team, serving brand name food franchises nationwide. This includes experienced franchise owner/operators, franchisors, holding companies and private equity owned chains.
Dysart spent the past eight years as managing director for the restaurant finance group at Citizens Bank. Previously, he worked in various specialty finance roles at Pinnacle Commercial Capital, CBA Commercial and BB&T, among others.
With more than 20 years of experience, Dailey will lead the technology and private equity finance team, providing loans and full-service banking solutions to technology and private equity firms primarily in the Northeast.
He has experience building, transforming and rapidly growing multimillion-dollar businesses in technology, life sciences and private equity. Dailey previously held various roles at Silicon Valley Bank in Boston and Chicago, including senior relationship manager, senior credit officer, regional manager, national head of product sales and head of foreign exchange.
Figueroa will lead the not-for-profit finance team, focusing on educational institutions, human services, conservation, research and cultural organizations. He brings extensive experience in corporate and nonprofit banking, spending the past 24 years at Citizens Financial Group, where he led the bank’s nonprofit division. He also spent 12 years at Fleet Bank in various roles in corporate marketing/strategy and corporate and nonprofit banking.
