Daily News: January 22, 2014

CIT Names Alemany to Board of Directors

CIT Group announced that Ellen R. Alemany has been named to CIT’s board of directors effective immediately. She will serve as a member of CIT’s audit committee.

Alemany is the former head of The Royal Bank of Scotland (RBS) Americas, the management structure that oversees RBS’ businesses in the Americas. She also served as chairman and chief executive officer for RBS Citizens Financial Group.

Prior to RBS, she served as chief executive officer for Global Transaction Services of Citigroup. She held a number of senior positions during her tenure at Citigroup including executive vice president for the Commercial Business group, president and CEO of CitiCapital. She also held a number of executive positions in Citigroup’s Global Corporate Bank, including Customer Group executive of North American markets, global industry head of Media and Communications, U.S. Industry head of Consumer Products, and executive vice president of Citibank and Customer Group executive for the Global Relationship Bank in Europe, based in London.