CIT Group Inc. announced it has named Christopher DeRosa as a Business Development Officer in the West Coast office of its Commercial Services business.

DeRosa, a Vice President, will be based in Los Angeles, CA, and will focus on business development across a wide range of verticals supported by Commercial Services, including apparel, footwear, housewares, consumer electronics, health and beauty aids, and more. He will report to Darrin Beer, Western Regional Manager for CIT Commercial Services.

“Chris is a skilled and experienced financial professional with a deep understanding of how factoring and asset-based lending can support the needs of a wide range of businesses,” Beer said. “We look forward to Chris’ contributions as we continue to grow our business in the western region.”

DeRosa first joined CIT in 2000 as a Credit Officer and has held a variety of positions since, including account executive and client service officer.  He also spent one year as a Vice President at Wells Fargo Capital Finance. DeRosa is a graduate of Loyola Marymount University and holds an MBA from University of La Verne.