By Marie Browning
CAN Capital (formerly Capital Access Network) announced the appointment of Kenneth Gang as Chief Risk Officer. Gang will be responsible for overall risk management, including credit and operational risks, for CAN Capital.
Prior to joining CAN Capital, Gang was also Chief Risk Officer and founding executive in Global Lending Services, an automotive lender. He headed the company’s product development, score model development, decision sciences and analytics. Gang formulated growth strategies and launched several analytics-driven growth initiatives. Earlier in his career, he also provided his expertise to several companies including Hyundai Capital America, Wells Fargo Auto Finance, and HSBC North America.
Daniel DeMeo, Chief Executive Officer of CAN Capital, said, “We’re delighted Ken is joining our team with more than 20 years of credit and risk management experience. Gang brings to CAN Capital his entrepreneurial background and years of understanding credit risk assessment. He is an expert when it comes to credit policy, digital automation, and new market expansion and his competence will benefit CAN Capital’s future growth plans.”
Gang has 23 years of experience in comprehensive banking and consumer finance industry. He earned a B.S. in Marketing Management and Research and an M.B.A. in Finance and Accounting from the University of Illinois at Chicago.
About CAN Capital
Established in 1998, CAN Capital is the pioneer and market share leader in alternative small business finance. It has provided access to nearly $4 billion in capital for thousands of small- and medium-sized businesses. CAN Capital operates through its subsidiaries: CAN Capital Merchant Services, Inc. CAN Capital Asset Servicing, Inc., and PredictiFund, Inc.