Daily News: August 21, 2012

CIT Appoints Macaskill Managing Director of CIT Canada

CIT said it appointed Blake Macaskill as managing director of CIT Canada. In this role he will lead the development and execution of CIT Canada’s growth strategy and oversee the Canadian businesses of CIT Global Vendor Finance and CIT Corporate Finance. He will report to Ron Arrington, president of CIT Global Vendor Finance.

“Blake’s financial services industry expertise will be instrumental as we continue to grow our Canadian business,” said Arrington. “He will serve an important role in helping us achieve our goals as we look to capitalize on the scale and deep relationships CIT Canada maintains.”

Macaskill has more than 20 years of experience in the financial services sector, most recently with De Lage Landen, where he had responsibility for their office technology business.

Prior to DLL, Macaskill held senior positions with GE Capital Vendor Finance and GE Capital Fleet Services. He holds a Bachelor of Social Science degree in Marketing from the University of Windsor. He is a Six Sigma Green Belt.