CIT Group Names John Erickson President of Consumer Banking

CIT Group Inc. named John C. Erickson president of its consumer bank and head of operations in California.

Erickson, 54, will be based in Pasadena, California, and report to Chief Executive Officer Ellen Alemany, New York-based CIT said Monday in a statement. He was most recently vice chairman of Mitsubishi UFJ Financial Group Inc.’s U.S. division, where he worked for 31 years, CIT said.

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