Loan agency CIT Group has named Wahida Plummer as chief risk officer, responsible for all enterprise risk. She will report to CIT Chief Executive Officer Ellen Alemany and serve on the company’s executive management committee, effective immediately.

CIT's former Chief Risk Officer Robert Rowe has elected to leave the company to pursue other career opportunities and will remain with CIT over the coming weeks to ensure a smooth transition, the company stated in a press release.

Plummer joined CIT in 2017 as executive vice president in charge of regulatory matters and enterprise risk. Prior to joining CIT, Plummer had a nearly 20-year career in risk and compliance for financial institutions. She began her career at Citigroup and held a number of risk positions in the Global Transaction Services and CitiCapital divisions. She then joined RBS, Americas and served in several risk, credit, and compliance roles. Most recently she served as the head of the risk program office for Wells Fargo’s Consumer Lending Group.

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