Ellen R. Alemany is chairwoman of First Citizens BancShares, Inc. and First Citizens Bank & Trust Company. Previosuly, she served as the chairwoman and CEO of CIT Group, Inc. from 2016 to2022. She led CIT’s multi-year strategic transformation to become a leading national bank which included the merger with First Citizens in 2022, one of the top 20 U.S. financial institutions with more than $100 billion in assets.

Alemany formerly headed The Royal Bank of Scotland (RBS) Americas, the management structure that oversees RBS' businesses in the Americas. She also served as chairman and CEO for RBS Citizens Financial Group, Inc. Prior to RBS, she served as CEO for Global Transaction Services at Citigroup. Alemany held a number of senior positions during her tenure at Citigroup, including executive vice president for Commercial Business and president and CEO of CitiCapital. She also held a number of executive positions in Citigroup's Global Corporate Bank, including customer group executive of North American markets, global industry head of Media and Communications, U.S. industry head of Consumer Products, and customer group executive for the Global Relationship Bank in Europe, based in London. 

Alemany received her MBA in finance from Fordham University. She serves on the boards of Fidelity National Information Services, Inc., The Center for Discovery and the Partnership for New York City. She also serves on the Board of Advisors for the Mayor’s Fund to Advance New York City and the Board of Trustees for The Conference Board.