Duffy Rejoins CIT as Chief Human Resources Officer



CIT Group appointed James J. Duffy as executive vice president and chief human resources officer, effective immediately. Duffy, who previously held the role of global head of human resources at CIT prior to leaving in 2010, will serve on the company’s executive management committee and report directly to CEO Ellen R. Alemany.

“We’re pleased to have Jim return to CIT. He is an accomplished senior executive with more than 40 years of diverse responsibilities and valuable experience leading and managing Human Resources functions,” Alemany said. “Jim has a strong record and proven approach to helping companies improve talent acquisition and retention. His skills enhancing performance and total rewards management and diversity and inclusion programs will help drive profitable growth, deliver shareholder value and fuel employee engagement.”

Duffy also will advance strategies and programs to help promote a corporate culture that aligns employees with CIT’s business goals, facilitates sustained growth and complies with heightened regulatory requirements.

“I’m excited to bring my experience and knowledge back to CIT. This is a great organization that I’m proud to have the opportunity to help support through enriched HR processes and programs,” Duffy said.

Duffy was previously chief human resources officer at Ally Financial. Prior to Ally, Duffy was the chief human resources officer at CIT Group from 2006 to 2010.

Prior to joining CIT in 2006, he was the senior vice president of human resources for Citigroup’s Global Consumer Group. Before joining Citigroup, Duffy held senior HR positions at other major banking and manufacturing companies such as AlliedSignal, Ingersoll-Rand, Banker’s Trust and GE.


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