commitment to ramping up its European vendor finance business by
making a key internal promotion.
Kalvir Gosal, who was part of the Barclays vendor
finance team until CIT acquired the business in
January last year, has been appointed sales leader of the
expanded vendor finance business.
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A CIT statement said: “The role follows the announcement in
September 2007 that CIT was expanding its European vendor finance
headquarters in Dublin to support the continued growth of the
company’s vendor finance business across Europe.”
Julie Henehan, sales director of CIT’s vendor finance business
in the UK described the IT market as a “core channel for CIT”.
Prior to his seven year tenure at Barclays, Gosal worked at
Hitachi Credit as its vendor credit manager and also at Bank of
Scotland.
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