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Cormac Costelloe is a Managing Director of CIT Vendor Finance Europe. Based in Dublin in CIT’s integrated European Service Centre he is responsible for leading a European Senior Management charged with delivering significant volume asset and net income growth across the European equipment finance market where CIT has an established and significant presence particularly in the IT leasing and vendor finance space.
Areas of expertise:
Vendor financing programs
European and Asian finance programs
Costelloe joined CIT in September 2002 as Chief Credit Officer. He was responsible for all aspects of CIT’s European risk function. Before coming to CIT he held senior-level positions in Business Development Corporate Finance and Risk at ABN-Amro ING Barings Banque Paribas and Hewlett-Packard where he was responsible for the EMEA Credit Function and was part of the team that set up Hewlett-Packard’s captive bank in Ireland’s International Financial Services Centre.
Costelloe holds a BA degree in Commerce and an MBA degree in Banking and Finance from University College Dublin.
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