Richard Couch

Richard Couch

Formal First Name

Richard Couch is Chief Financial Officer of CIT Group, one of the nation's leading specialty and commercial finance companies. In his role as CFO of a $36B asset and $1.5B revenue commercial banking segment, Richard leads the strategic planning, budgeting and forecasting, management and external reporting, and financial strategy of the Commercial banking divisions. He is a financial leader with exceptional success and global experience leading financial solutions for numerous institutions. Prior to joining CIT, he was CFO of Commercial banking at Santander bank, where he led financial management and strategic planning of $30B asset/ $800mm revenue Commercial banking businesses. Richard has acquired both public and private sector leadership experience from organizations such as CITigroup, GE Capital, American Express, and the New York CITy Housing Authority.

Professional Experience

Academic History


  • Richard leads CIT’s commercial finance, real estate finance, business capital, treasury services, and rail car leasing.

  • He also executed a restructuring and cost efficiency plan, integrated Mutual of Omaha Bank’s commercial banking businesses.



  • Richard was Executive VP and CFO of New York City Housing Authority, where he headed organization turnaround efforts and stabilized conditions for North America's largest public housing authority.

  • He instituted a new strategic planning and budget process for a $3.2B annual operating budget and $4.7B five-year capital plan.

  • He also led budgeting, strategy, accounting & reporting, risk management, performance management, and business development.

  • He directed a staff of approximately 300 professionals, and led energy sustainability, investment strategy and treasury activities.



  • He was CFO and Fixed Income Business and Managing Director for Neuberger Berman, where he developed recap plans and balance sheet restructuring.

  • He spent 10 years at Citi, where he held numerous roles most recently as Managing Director of Corporate Strategy and Restructuring.

  • He was a Manager of Business Development and M&A of American Express, where he developed acquisition strategies for the company.

  • He started his career as a Private Equity Associate at GE Capital where he had exposure in business valuations, discounted cash flows, financial modeling, conducted market research and financial analysis for Private Equity transactions and portfolio investment sales.



  • Member, Energy Committee of the Briarcliff Manor School District

  • Entrepreneur and Small Business Mentor, business">Small Mentor NY