CIT Canada Seeks Expansion Through Senior Appointments -
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Published on: 11/9/2006
Last Visited: 11/9/2006
TORONTO, Nov. 9 /PRNewswire-FirstCall/ -- CIT Canada, a division of CIT Group Inc. (NYSE: CIT) a leading global provider of commercial and consumer finance solutions, today announced the appointments of Mark Hart as Chief Sales Officer and Senior Vice President for CIT Commercial Finance, Canada; Peter Kinkartz as Managing Director and Head of CIT Capital Markets, Canada and Bruce Smith as Senior Vice President of CIT Vendor Finance, Canada. "These senior appointments reflect CIT's commitment to growing our business and expanding our relationships throughout Canada," said J. Daryl MacLellan, President of CIT Canada. "Canada represents an important area of growth for CIT's overall business strategy with above average investment and growth in key lending areas, such as vendor finance, natural resource development and corporate finance.
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* Mark Hart will collaborate with the various Business Unit leaders in Commercial Finance with an objective of increasing sales through a combination of strategy, best practices, cross selling and sales productivity.With 15 years financial services experience prior to CIT, Hart was a Group Vice President with SunTrust Bank in Atlanta and was responsible for the bank's Equity Wholesale Lending division.Before this promotion, he served as Vice President Business Development for SunTrust's International Factoring division.He also has held the position of Director of Sales at Coface, one of the world's largest credit insurers and a management position at CIBC Mortgages.