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CIT Group appoints Kenneth McPhail as EVP

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Staff Writer | New York, N.Y., USA | September 6, 2017
Kenneth McPhailSeptember 6, 2017, New York, N.Y., USA - CIT Group, a provider of commercial lending and leasing services, announced that Kenneth McPhail has been named executive vice president and chief strategy officer.
Mr. McPhail joins CIT from MUFG Union Bank where he was the managing director and head of Corporate Strategy and Development.

Prior to that role, Mr. McPhail served as the co-head of Depository Institutions at Bank of America Merrill Lynch where he was a strategic advisor to international and regional bank holding companies.

Mr. McPhail was at Citigroup as the head of Depository Institutions from 1995 to 2006 and began his career at The First Boston Corporation in 1985.

He received his bachelor's degree in economics from Brown University.