Nelson Chai is the Chief Administrative Officer and head of Strategy for CIT Group Inc. with responsibility including overall corporate strategy, corporate sales and development, technology and the consumer finance business. Formerly, Mr. Chai, 41, was Chief Financial Officer at Bank of America Merrill Lynch & Co. Prior to the merger of NYSE and Archipelago, Mr. Chai was the Chief Financial Officer of Archipelago since June 2000. Prior to joining Archipelago in June 2000, Mr. Chai was Senior Vice President of Business Development and a member of the Executive Committee of Dade Behring, Inc., a leading manufacturer of medical diagnostics products. He joined Dade Behring in 1997 as Corporate Vice President of Worldwide Field Finance, where he was responsible for the finance organization for all company business operations.