First Citizens Bank announced that industry veterans Ed Littleton and Amber Olmsted have joined its Equipment Finance Group. Littleton, based in Jacksonville, is the new Head of Asset Management and Olmsted, based in Georgia, is Senior Vice President of Inventory Finance. Both report to Rod Versteegh, Head of Equipment Finance for First Citizens Bank.

As Head of Asset Management for Equipment Finance, Littleton oversees asset portfolio performance, including evaluations, end-of-lease operations and asset remarketing. In her role as senior vice president of Inventory Finance, Olmsted is responsible for scaling the newly formed inventory finance offering while strengthening OEM/Dealer relationships and delivering a best-in-class customer experience.

“Ed and Amber bring extensive industry experience to their roles, and we’re thrilled to have them join our leadership team,” said Versteegh. “Their deep expertise in their respective disciplines will be instrumental to our success as we continue to strengthen our business and serve the financing needs of our clients.”

Littleton joins First Citizens from Volvo Financial Services, where he spent more than eight years managing Remarketing and End of Lease. He brings more than 30 years of experience in construction equipment, commercial trucking, coach and automotive finance following roles at Nissan, Bank of America and World Omni Financial Corp. Littleton holds a B.S. in Finance from the University of North Texas and proudly served eight years in the United States Marine Corps Reserve.

With more than two decades of experience, Olmsted joins First Citizens after serving as Head of U.S. Commercial Finance Risk & Operations at DLL Group, where she led the organization responsible for the full commercial finance lifecycle across 350 vendor programs. Prior to DLL, Amber was the Global Credit Manager for Hewlett Packard Enterprise.

First Citizens Bank's Equipment Finance group supports original equipment manufacturers, vendors and small and mid-size businesses by providing equipment financing solutions via a distinctive inside/outside sales coverage model, seasoned supporting staff, technology-enabled platforms and market-leading structuring expertise.