NEW YORK–CIT Group has appointed Randall Chesler president of CIT Bank, the company’s U.S. commercial bank subsidiary.
Chesler, who will be based in Salt Lake City, will report to CIT Bank’s board of directors in his new role. He is currently vice chairman of CIT Bank, and is succeeding John Taylor, who will assist in the transition before leaving the company to pursue other opportunities.
Prior to this appointment, Chesler served as CIT’s president of consumer finance and small business lending. Before joining CIT, he was president and CEO of Size Technologies, a consumer payments software company, and served in executive positions with Associates National Bank, Visa USA and Citibank.