NEW YORK, Sept. 8, 2021 /PRNewswire/ -- CIT Group
Inc. (NYSE: CIT) today announced that Eduard Vernède has
joined the company as managing director in CIT's Aerospace, Defense
& Government Services business.
In his new role, Vernède will largely be focused on CIT's
lending activity to serve the multibillion-dollar government and
defense contractor industry, as well as supporting the aerospace
segment. His responsibilities will include developing new client
relationships, identifying new target markets and ensuring
outstanding customer support and satisfaction. His coverage
territory will primarily focus on the Washington D.C. beltway region and adjacent
areas.
"Eduard is an experienced and accomplished financial
professional with demonstrated expertise in aerospace, defense and
government services," said John
Heskin, managing director and group head for CIT's
Aerospace, Defense and Government Services business. "We look
forward to his contributions as we reaffirm our commitment to
supporting this vital sector."
"We are pleased to have Eduard join our team of seasoned bankers
helping support our clients and growth in this dynamic industry
sector," said David Harnisch, head
of CIT's Commercial and Real Estate Finance business.
Vernède previously worked at Lloyds Banking Group, where he
directed the company's aerospace and defense group in North America. Prior positions included roles
at Royal Bank of Scotland and
ABN AMRO.
CIT's Aerospace, Defense & Government Services group,
part of the company's Commercial Finance division, provides
integrated financial solutions for manufacturers, suppliers and
service providers in the aerospace, defense, homeland security and
government services markets.
About CIT
CIT is a leading national bank focused on
empowering businesses and personal savers with the financial
agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a
financial holding company with over a century of experience and
operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC,
Equal Housing Lender). The company's commercial banking segment
includes commercial financing, community association banking,
middle market banking, equipment and vendor financing, factoring,
railcar financing, treasury and payments services, and capital
markets and asset management. CIT's consumer banking segment
includes a national direct bank and regional branch network.
Discover more at cit.com/about.
MEDIA RELATIONS:
John M.
Moran
212-461-5507
john.moran@cit.com
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SOURCE CIT Group Inc.