Daily News: August 6, 2019

CIT Names Martin as MD of Small Business Solutions Unit


Ken Martin has joined CIT Group as managing director of the Small Business Solutions unit, which is part of its Business Capital division, effective immediately.

Martin will lead the strategy and operation of the digital small business financing area of CIT.

“Ken is a seasoned commercial banker, strategic leader and collaborative partner,” said CIT Business Capital President Mike Jones. “I’m pleased to have him join the CIT team to lead the next chapter of our growth in serving small business customers across the country. Ken is a proven executive who also prioritizes customer, colleague and community engagement, which is core to our culture at CIT.”

Martin joins CIT from Berkshire Bank, where he was most recently a regional president. Prior to that role he was the chief lending officer responsible for all commercial banking activities. Previously, Martin was the managing director of Business Banking at Santander Bank.

Martin also served as the executive vice president and director of Commercial Enterprise Banking at RBS Citizens where he developed new business initiatives within Commercial Banking that involved creating the go-to-market strategy, advancing a high-performing sales culture, enhancing the client experience and delivering on business goals. Earlier in his career, Martin was the Northeast Commercial Banking regional executive at Bank of America.