CIT Group appointed Denise Menelly executive vice president and head of technology and operations, effective June 29. Raymond Matsumoto, executive vice president and chief administrative officer, will serve as the head of technology and operations in the interim. Menelly will serve on the company’s executive management committee and report directly to CEO Ellen Alemany.

“The appointment of Denise is another great step forward for CIT as she will lead our efforts to drive efficiencies in technology, operations and other corporate functions and determine key areas for innovation as we continue to make progress creating a leading national middle market bank,” said Alemany. “She will play an integral role as we continue to advance on our commitment to grow our core businesses and reduce our operating expenses. The addition of Denise to our team further strengthens our executive management committee and our organization.”

Before this appointment, Menelly spent six years with Bank of America Merrill Lynch, most recently as head of Enterprise Shared Services. In this role she managed and transformed functions shared by the bank’s corporate, commercial and consumer business lines. She joined Bank of America in 2010 as the chief operating officer for Corporate Banking and then became the global head of Commercial and Corporate Bank Operations, managing functions in more than 28 countries.

Prior to joining Bank of America, Menelly served as the head of operations for RBS Citizens and vice chairman of Citizens Bank. In these roles her responsibilities included the U.S.-based banking operations for Consumer Banking, Commercial Banking and Global Transaction Services.

Menelly also spent 12 years at Citigroup from 1996 to 2008, implementing technology and process changes while increasing her responsibilities in various operations and technology roles. These included global head of Securities & Fund Services (SFS) Operations and Client Delivery, head of Operations for the Commercial Business Group, head of CitiCapital Operations, head of Global Transaction Services Client Delivery and head of Domestic Cash Management Operations.

She began her career with Bankers Trust Company in 1983 and spent the next 13 years managing various operations and technology functions. When she left in 1996, she was the director of operations and the head of Global Treasury and Trade Operations.

Menelly said, “I’m thrilled to bring more than 30 years of experience in banking and financial services to CIT. As the company focuses on its strategic plan, CIT is facing some amazing opportunities. I’m excited to be a part of their team.