Nelson J. Chai

Nelson J. Chai is President, CIT Group. He oversees CIT Corporate Finance, Vendor Finance and Trade Finance business segments as well as Technology for the Company. He also leads the Company's strategic planning and business development. He previously served as the Company’s Executive Vice President, Chief Administrative Officer and Head of Strategy.

Prior to CIT, Chai served as Executive Vice President and Chief Financial Officer of Merrill Lynch & Co., Inc. Before this, he was Executive Vice President and Chief Financial Officer of NYSE Euronext (NYSE: NYX) and its predecessor company NYSE Group, Inc., and was Chief Financial Officer of Archipelago Holdings.

He is a board member of the U.S. Fund for UNICEF and Thermo Fisher Scientific Inc.

Chai received a BA degree in Economics from the University of Pennsylvania and an MBA from Harvard University.