Wells Fargo Capital Finance has hired Daniel Pfeiffer as managing director of its supply chain finance sales team, which he will lead for the supplier finance and key accounts purchase programmes.

“With a focus on the large corporate marketplace, Pfeiffer will work with customers to deliver flexible, customisable financing structures that create working capital programmes to support growth and liquidity for buyers and sellers of products,” reads a statement issued by the company.

Pfeiffer, a 13-year veteran of banking and financial technology, joins Wells Fargo from Taulia’s supply chain finance business. Before his experience at Taulia, he worked as a director of treasury and trade solutions for Citibank, where he was last responsible for the cash management and trade business in a number of countries across the Caribbean.

Wells Fargo Capital Finance is the trade name for certain asset-based lending services, senior secured lending services, accounts receivable and purchase order finance services, and channel finance services of Wells Fargo & Company and its subsidiaries.