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CIT Group, First Citizens BancShares name post-merger chief credit officer

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CIT Group, First Citizens BancShares name post-merger chief credit officer

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes key C-level leadership changes, which are covered separately, and stories previously covered by S&P Global Market Intelligence.

Banking

Upon closing of the merger between Raleigh, N.C.-based First Citizens BancShares Inc. and New York-based CIT Group Inc., which is expected in the second quarter of 2021, Marisa Harney will become the chief credit officer for the combined bank and the seventh member of the bank's executive leadership team.

Harney currently is executive vice president and chief credit officer at CIT Group.

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Boston-based State Street Corp. appointed Staffan Ahlner global head of Collateral+, a part of the funding and collateral solutions group of State Street.

Ahlner previously led BNY Mellon Markets' global collateral management business.

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Todd Buehl has been appointed to the boards of Beloit, Wis.-based Blackhawk Bancorp Inc. and its subsidiary Blackhawk Bank.

Buehl is the CFO of ABC Supply Co. Inc.

Financial services

Cohen & Steers Inc. appointed Greg Bottjer executive vice president and head of global product strategy and development.

Bottjer most recently was senior managing director and head of product management and development at Nuveen.

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Q2 Holdings Inc. appointed Carlos Carvajal chief marketing officer.

Carvajal will succeed Will Furrer, who will continue to serve as Q2's chief strategy officer.

Carvajal joins Q2 from K2, where he was chief marketing officer.

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Redwood Trust Inc. board member Fred Matera was appointed Redwood's managing director and head of residential.

Matera resigned from the board Dec. 1. Following his resignation, the number of directors was reduced to eight.