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Friday, November 27 - 2009
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CIT Global appoints new Managing Director for its Middle East Operation

CIT Global announced the appointment of Mr. Amr Hazem as the Managing Director for its Middle East operation. In this position Mr. Hazem will be responsible for leading CIT Global business and operations in the Middle East region including CIT Global's Advanced Technology Center in Egypt and the Sales & Support centers in Dubai and Saudi Arabia. He will be reporting to Ashraf Zaki, President and CEO.

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"Our story has been one of a great success and continuous growth, and this is mainly attributed to our employees, clients and share holders" said Ashraf Zaki. "Amr is an individual who can capitalize on our leadership position and drive further growth in the region. With a wealth of management and market experience, he can play a pivotal role in achieving CIT Global's future goals. We welcome Amr to CIT Global executive team and look forward to his valuable contribution."

Mr. Hazem has a proven track record of managing and leading several IT companies and multinational branch offices. Further, with his strong industry experience in the field of IT and Computer Science throughout his more than 20 years career in IT industry, Mr. Hazem has been actively involved in building IT solutions and professional services on a global basis. He held several senior business and management positions in leading companies such as Raya Group Egypt, Informix UK, Infosoft KSA.

"The toughest thing about success is that you've got to keep on being a success"; Noted Mr. Amr Hazem. "For the past ten years, CIT Global's client list has shown the great ability for CIT Global to continue and expand its success story. I'm very excited to be part of such successful global team."
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About CIT Global

CIT Global is an international provider of high quality, innovative eCommerce / mCommerce solutions and services. Our extensive suite of solutions and services enables us to lead our clients into the next generation of multi-channel fully secured eCommerce systems. By applying CIT Global's dedicated centers of excellence and its specialized leading products, in addition to the "best of breed" technologies from its strategic partners, CIT Global is delivering innovative and award winning solutions to our clients worldwide. Our client list includes leading institutions from North America, Europe and the Middle East.

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