CIT hires seasoned banking insider as its new general counsel

CIT Group Inc. named James Hubbard  the bank holding company’s general counsel and corporate secretary, effective this week. Hubbard will join CIT’s executive management committee and report to Chairwoman and Chief Executive Officer Ellen Alemany. Hubbard will have oversight over the legal function and all outside counsel relationships, as well as responsibility for all business and corporate legal matters.

Hubbard joins CIT from TIAA Bank where he was the general counsel and secretary. Prior to that role, he served as the general counsel and secretary for Everbank Financial Corp. Hubbard spent 23 years in various legal roles at Fifth Third Bancorp, including as the chief legal officer.  Earlier in his career he was with the Kaye, Scholer, Fierman, Hays & Handler law firm, as well as the Front & Jacobs law firm.