Ellen Alemany

Ellen R. Alemany (born December 27, 1955) is an American banker. She is the former Chairman and CEO of RBS Citizens Financial Group and RBS Americas until her retirement in October 2013.^[1] Alemany returned from retirement in 2015 to become Chairwoman and CEO of CIT Group and Chairwoman, CEO and President of CIT Bank.^[2] Alemany also serves on the boards of Automatic Data Processing, CIT and Fidelity National Information Services.

Early life and education

Ellen Rose Alemany was born December 27, 1955 in New York City, New York to parents William P. Luciani and Lucy M. Luciani. She attended secondary school at the Academy of Mount Saint Ursula in The Bronx, New York. After graduating from the Academy of Mount Saint Ursula High School in 1973, Alemany enrolled at the University of Bridgeport where she graduated in three years in 1976 with a Bachelor of Arts degree in English Literature. Alemany was awarded her Master’s in Business Administration from Fordham University Graduate School of Business at night with a specialization in finance in 1980.^[3] Alemany completed the Credit Training Program at Chase Manhattan Bank in 1981.^[4] In May 2011, Ellen received an Honorary Doctor of Business Administration degree from Bryant University for her industry leadership and exemplifying "what being excellent in the world of commerce means."

Career

RBS Citizens Financial Group

Alemany joined RBS Americas as Chairman and CEO in 2007. In 2008, Alemany was named CEO of RBS Citizens Financial Group, the country's 12th largest bank by assets ^[5] and was appointed Chairman and CEO in 2009 (Source 4Q11 Regulatory 4-9C Filings). RBS Citizens is a commercial bank holding company regulated by the Federal Reserve Bank of Boston. Alemany managed 19,000 employees over a 12 state retail and commercial banking footprint stretching from New England through the Mid-Atlantic and into three states in the Midwest.

Alemany chaired the Board of Directors of RBS Citizens Financial Group and RBS Citizens, N.A.^[6] She was also a member of the Royal Bank of Scotland Group's Executive Committee, RBS's nine-member executive leadership team.

Citibank

Alemany joined Citibank in 1987 and held various positions including Executive Vice President for the Commercial Business Group, which includes CitiCapital, the Commercial Markets Group and the Commercial Real Estate Group. CitiCapital, where she also served as President and CEO, was the second-largest bank-owned leasing company in North America. Alemany also held a number of executive positions in Citigroup's Global Corporate Bank, including Customer Group Executive of North American Markets, Global Industry Head of Media and Communications, and U.S. Industry Head of Consumer Products, before being appointed Executive Vice President of Citibank and Customer Group Executive for the Global Relationship Bank in Europe, based in London, in 1999. She also served as Chairman and CEO for Citibank International plc, Citibank's European bank; Country Corporate Officer for the United Kingdom; and member of the Board of Citibank, N.A.

Other positions

Federal Advisory Council

Alemany was appointed as the First District Representative on the Federal Advisory Council that advises the Board of Governors of the Federal Reserve System. Alemany served a three-year term from 2008-2010.^[7]

Alemany served as Treasurer and Executive committee member of the Financial Services Roundtable, board member of The Clearing House Payments Company, board member of Depository Trust and Clearing Corporation and board member of The Equipment Leasing & Finance Association.

Current boards

Alemany has been serving on the board of Automatic Data Processing (ADP) since 2012. ADP is one of the largest providers of business processing and cloud based solutions to employers around the world.^[8]

Alemany joined the board of CIT in January 2014. CIT provides commercial financing, lending, leasing and advisory services to small and middle market businesses.^[9]

In 2014, Ellen joined the board of Fidelity National Information Services (FIS). FIS is the world's largest global provider of banking and payments technology, consulting and outsourcing solutions.^[10]

Alemany has been serving on the Center for Discovery Board of Directors since 2008.^[11]

2002-2010 March of Dimes, N.Y Division, Member of the Board of Directors^[3]

Awards and honors

• 2007 Alemany named to Treasury and Risk's list of the 100 Most Influential People in Finance (Bankers Redefining Their Role and Watching Their Backs).^[12]
• 2009 Alemany named to Forbes Magazine "One of the World's Most Powerful Women" list.^[13]
• 2011 Recipient of the Foreign Policy Association Corporate Social Responsibility Award.^[14]
• 2012 Connecticut Women's Hall of Fame 2010 Honoree.^[15]
• 2012 Alemany was honored by the Center for Discovery, a non-for-profit provider of educational health and residential services for children and adults with severe disabilities, for her leadership as a board director, advocate and parent.
• 2013 American Banker Lifetime Achievement Award. American Banker recognized Alemany's contributions and influence, naming her nine times to its annual list of the 25 Most Powerful Women in Banking.^[16]

References