Business & Policy | Finance & Economy

New Appointments Announced by CIT Commercial Services

Published: May 10, 2023
Author: DIGITAL MEDIA EXECUTIVE

As it continues to align its business to serve customers and future growth, CIT Commercial Services, a division of First Citizens Bank, has announced changes in its leadership.

Tom Fingleton, who has been the Northeast regional manager since March 2019, has been appointed chief strategy officer, responsible for all of CIT Commercial Services’ strategy, business development, and project management.

Fingleton initially joined the Commercial Services team in 2012 and has since held roles with increasing levels of responsibility. He held the positions of chief operating officer and senior vice president of strategy for seven years before being appointed Northeast regional manager.

“Tom is a proven leader and a valued member of our leadership team,” said Michael Hudgens, who serves as managing director and group head for Commercial Services. “We’re happy to benefit from his tactical skills and anticipate his continued contributions to the expansion of commercial services.Amna Mahmood, a managing director who has held the position of national underwriting manager for Commercial Services since 2019, will take over as Northeast regional manager. Since joining the Commercial Services group in 2007, she has progressively moved up the corporate ladder.

Mahmood’s new position include administration of the customer portfolio and the growth of new business in one of the most prominent and significant geographical areas for the company.

Amna has consistently shown exemplary customer focus and a profound grasp of how our services can benefit our clients, according to Hudgens. We’re convinced she’ll expand on that knowledge to support our company’s continued expansion. the crucial Northeast region for business.

Daniel Goll will take over for Mahmood as national underwriting manager, and he will be in charge of managing the underwriting for asset-based lending and factoring contracts for the company.

Goll started working with CIT Commercial Services in 2012, and since then, he has held a variety of responsibilities, including those in credit risk and underwriting.

Dan is a knowledgeable financial specialist, and Hudgens stated, “We have long valued his expertise and agility in supporting our clients in the pursuit of their business goals.” “We are happy to welcome him to this critical position and look forward to his continued success on behalf of our clients,” the statement read.

Hudgens, who continues to oversee Commercial, will receive direct reports from all three of these executives in their new positions. Services under the direction and sponsorship of Marc Heller, president of Commercial Services.

One of the top suppliers of factoring, working capital financing, supply chain financing, credit protection, and accounts receivable management to consumer product companies in the country is CIT Commercial Services, a subsidiary of First Citizens Bank.

 

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