CIT Group announced the appointment of Ed Sperling as executive vice president and corporate controller for the company and CIT Bank. Sperling will report directly to chief financial officer Carol Hayles.

“I’m pleased to announce Ed’s promotion to the role of Controller. His career at CIT has spanned nearly three decades and this appointment demonstrates the depth of our finance team,” said Hayles. “As a key member of the controller’s leadership team, Ed led the centralization of CIT’s Global Accounting Operations and core finance functions, and built a strong control framework for the company’s accounting and reporting processes. More recently, he has been instrumental in the finance integration of OneWest Bank.”

Sperling will serve as the company’s principal accounting officer and will be responsible for managing the controller’s organization, including SEC and regulatory reporting.

Prior to being named to this position, Sperling was a senior vice president and deputy controller. Sperling has held numerous leadership roles at CIT in Corporate Accounting, Internal Audit, Credit, Financial Planning & Analysis, Investor Relations, Technology and Treasury.