Ellen Alemany
Ellen Alemany is the Vice Chairwoman of First Citizens Bank, one of the top U.S. financial institutions with over $100B in assets. Previously, she was the Chairwoman and CEO of CIT Group, where she led CIT’s multi-year strategic transformation to become a leading national bank. Ellen concentrated on the core activities of the company, and led the strategic acquisition of Mutual of Omaha Bank in 2020, which further strengthened the company’s deposit and commercial banking capabilities. Prior to her time at CIT, she headed The Royal Bank of Scotland Americas, the management structure that oversees RBS' businesses in the Americas. Ellen’s leadership and accomplishments have been heralded through recognitions that include being named to American Banker’s Most Powerful Women in Banking list and receiving the Leadership Legacy Award from the Center for Executive Succession at the Darla Moore School of Business.
Ellen Alemany Professional Experience / Academic History
Professional Experience
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Vice Chairwoman
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Chairwoman, CEO of the CIT Group
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CEO, Global Transaction Services
Academic History
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Doctorate of Humane Letters
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Honorary Doctorate
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Master of Business Administration
CIT GROUP
During her tenure at CIT, Ellen led the strategy to divest the company’s non-core operations.
She built the company's market-leading franchises, de-risk the portfolio and improved its operating efficiency.
She strengthened the funding profile, built and experienced management team and created a distinctive culture to empower employees.
EARLY CAREER
Ellen was a member of RBS Group's executive committee, and nine-member executive leadership team.
She held a number of leadership roles at Citigroup, including as CEO for Global Transaction Services, executive vice president for Commercial Business and president and CEO of CitiCapital.
She also held a number of executive positions in Citigroup's Global Corporate Bank, including customer group executive of North American markets.
She was Global industry lead of Media and Communications, U.S. industry head of Consumer Products, and customer group executive for the Global Relationship Bank in Europe, based in London.
She was the First District Representative on the Federal Reserve’s Federal Advisory Council during the financial crisis.
AWARDS AND RECOGNITION
2021 – Crain's New York Business Notable Women on Wall Street
2020 – Darla Moore School of Business Center for Executive Succession Leadership Legacy Award
2019 – Women's Bond Club Merit Award
2019 – The Center for Discovery honoree
2018 – Alemany was named the winner of the Peter G. Peterson award by the Conference Board's Committee for Economic Development
2013 – American Banker Lifetime Achievement Award
2012 – Connecticut Women's Hall of Fame 2010 Honoree
2011 – Foreign Policy Association Corporate Social Responsibility Award
2009 – Forbes Magazine "One of the World's Most Powerful Women"
2007– Treasury and Risk 100 Most Influential People in Finance
AFFILIATIONS
Board of Directors, Dun & Bradstreet
Board of Directors, FIS
Board Member, The Center for Discovery
Board of Trustees, The Conference Board
Global Board of Advisors, Operation HOPE
Board Member, Catholic Charities of the Archdiocese of New York