CIT Group Inc. has announced that Robert Rubino has been named president of CIT Bank, N.A., the banking subsidiary of CIT, and head of Commercial Banking, effective Feb. 25. Rubino will join the company’s Executive Management Committee and report to Chairwoman and Chief Executive Officer Ellen R. Alemany.
“Bob is a proven leader with nearly 30 years of banking expertise,” said Alemany. “His strategic and results-driven approach will support our efforts to further strengthen our business, as well as grow and drive synergies across the commercial divisions.”
Alemany continued, “CIT has made tremendous progress in transforming the company, refocusing on our core strengths and delivering for our customers. Bob’s experience will further complement these efforts as we advance our strategic plan and build on our leading market positions.”
Rubino will have responsibility for the oversight and growth of the commercial banking divisions, including commercial financing, real estate financing, equipment financing, commercial services and railcar financing.
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