Kenneth McPhail

Kenneth McPhail is CIT's executive vice president and chief strategy officer. In this role, he has responsibility for strategic planning and initiatives, as well as mergers, acquisitions and divestitures that advance the company's goals. McPhail joined CIT in September 2017 and previously served as the managing director and head of Corporate Strategy and Development at MUFG Union Bank. From 2006 to 2015 he was the co-head of Depository Institutions at Bank of America Merrill Lynch and was a strategic advisor to international and regional bank holding companies. Prior to that, he had an 11 year tenure at Citigroup as the head of Depository Institutions. He began his career at The First Boston Corporation in 1985. He earned a bachelor's degree in economics from Brown University.