CIT Group announced the appointment of Nicholas (Nick) M. Small Managing Director of CIT Vendor Finance, US. He will report directly to Ron Arrington, Global President of CIT Vendor Finance.

In this role, Small will be responsible for providing leadership and direction to the US Vendor Finance team while implementing and executing a growth strategy for the region.
 
“Nick brings a wealth of experience to the role, having served in a number of international leadership positions within CIT Vendor Finance,” said Mr. Arrington. ”He will bring global best practices to his oversight of our US vendor finance business, while his deep knowledge of the leasing industry will be extremely valuable as we continue to focus on profitable growth in the US.”
 
Prior to this appointment, Small served as interim Managing Director of CIT Vendor Finance, Europe and Chief Operations Officer of CIT Vendor Finance. He also served as Director of Shared Services, overseeing the consolidation of the technology and service platforms of various CIT entities into one consolidated operation. Before this, he resided in Ireland and was Controller for the European financial accounting functions. His initial years at CIT were spent as CFO of CIT Vendor Finance, US.