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CIT Aerospace Appoints Leslie Chen Vice President, Sales
Thursday, July 25, 2013 08:30 AM

CIT Group Inc. (NYSE: CIT) a global leader in aircraft finance, today announced that CIT Aerospace has named Leslie Chen, Vice President, Marketing with responsibility for originating new transactions, and marketing the existing aircraft portfolio in Northern Asia. He is based in the Singapore office.

Chen joins CIT from Aviation Capital Group where he was Vice President, Asia, responsible for business development, aircraft leasing and asset management for the region. Prior to joining Aviation Capital Group, Chen was a regional sales manager at Thales Aerospace Asia. He also spent nine years as a commercial pilot for Singapore Airlines. Chen holds a B.S. degree in economics and management from The University of London, and an M.S. in applied finance from the University of Adelaide in Australia.

About CIT Aerospace
CIT Aerospace provides financing solutions to a broad spectrum of the global aerospace value chain ranging from operators of commercial and business aircraft to manufacturers and suppliers in the aerospace and defense industries as well as financial institutions.

About CIT
Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $35billion in financing and leasing assets. It provides financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lendingfactoringretail finance,aerospaceequipment and rail leasing, and vendor finance. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank, offers a suite of savings options designed to help customers achieve a range of financial goals.

C. Curtis Ritter
Director of Corporate Communications
(973) 740-5390

Matt Klein
Vice President, Media Relations
(973) 597-2020

Abby Cohn
Vice President, Marketing and Advertising