Michael W. Scolaro
Managing Director and Group Head of BMO Harris Bank's Asset Based Lending Group
Michael W. Scolaro is the Managing Director and Group Head of BMO Harris Bank’s Asset Based Lending Group. Since Mike joined the group in November, 2007, BMO Harris ABL team has grown from $500 million in commitments and 28 professionals to its present level of approximately $15 billion in commitments originated and managed by a talented staff of 60 professionals.
Prior to joining BMO, Mr. Scolaro served as Senior Vice President and Regional Manager of RBS Business Capital in Chicago. He has also held management positions at Bank of America Business Capital, Heller Business Credit and CIT Business Credit. Mike has served on numerous civic, professional and charity boards including HFS Chicago Scholars, the Secured Finance Network, the Association for Corporate Growth and as a three-term village trustee in his hometown of Northbrook, IL. Mr. Scolaro has an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University and a BBA in Finance from the University of Notre Dame.
He resides in Northbrook, Illinois with his wife, Barbara and is especially proud of his three daughters Allison (Matt) Beckwith, Christy Scolaro and Juliana Scolaro.