First Citizens BancShares, Inc. Announces Board and Management Appointments
March 10, 2021 at 08:38 pm
Share
First Citizens BancShares, Inc. announced welcoming two CIT leaders to executive ranks upon closing of the proposed merger transaction. Ellen R. Alemany, Chairwoman and CEO of CIT, will assume the role of Vice Chairwoman of the board of directors of the combined company, along with Vice Chairwoman Hope Bryant. In addition, CIT's Marisa J. Harney will become the seventh member of executive leadership team and assume the role of Chief Credit Officer for the combined bank.
First Citizens BancShares, Inc. is a holding company of First-Citizens Bank & Trust Company. The Company has four segments. General Banking segment delivers products and services to consumers and businesses through its network of branches and various digital channels. Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services, primarily to small and middle market companies in a range of industries, including energy, healthcare, tech media and telecom, asset-backed lending, capital finance, maritime, corporate banking, aerospace and defense, and sponsor finance. Silicon Valley Banking segment offers products and services to commercial clients in key innovation markets, such as the healthcare and technology industries, as well as to private equity and venture capital firms. Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.
FIRST CITIZENS BANCSHARES, INC. 
