CIT Group Inc. announced that Eduard Vernède has joined the company as managing director in CIT's Aerospace, Defense & Government Services business. In his new role, Vernède will largely be focused on CIT's lending activity to serve the multibillion-dollar government and defense contractor industry, as well as supporting the aerospace segment. His responsibilities will include developing new client relationships, identifying new target markets and ensuring outstanding customer support and satisfaction. His coverage territory will primarily focus on the Washington D.C. beltway region and adjacent areas. Vernède previously worked at Lloyds Banking Group, where he directed the company's aerospace and defense group in North America.