McLane most recently was head of Asset-Based Capital Markets for Bank of America Merrill Lynch, and has been with the company and predecessor institutions for 15 years.
He is based in New York and reports to Laura Whitley, Middle Market Banking executive in Global Commercial Banking.
McLane leads a team of nearly 400 people in more than 20 offices responsible for asset-based loan origination, underwriting and portfolio management with clients in the US, Canada, Asia and Europe.
Whitley said McLane brings strong knowledge and deep passion for the asset-based lending business to this role.
"His expertise and leadership will be crucial as we work closely with clients to provide the best solutions in this still-challenging economy. Asset-based lending remains a powerful tool for businesses, offering a unique flexibility in structure that is valuable in any economic cycle," Whitley concluded.
