GE Commercial Finance announced that Nancy Ku has been named president and CEO, GE Commercial Finance China, marking the launch of a new integrated approach to the market for GE Commercial Finance.

"With Nancy's terrific track record in equity and corporate finance we will accelerate growth and expand our footprint in China, a critical market for GE," said John Flannery, president and CEO, GE Commercial Finance Asia.

Ku assumes this new position while maintaining her current responsibilities as president and CEO, GE Corporate Financial Services Asia.

GE Commercial Finance offers businesses around the globe an extensive array of financial products and services. With more than US$246 billion in assets and expertise in the middle-market, GE Commercial Finance provides loans, operating leases, financing programs and innovative structured capital to help customers grow.