<strong>Rafael Castillo-Triana Leaves CIT Group To Expand Work for The Alta Group</strong>
FORT LAUDERDALE, FL , January 3, 2008ÛThe Alta Group announced today that the managing principal of its Latin American Region, Rafael Castillo-Triana, will be leaving his role as the CIT Group Inc.'s head legal counsel for Latin America to dedicate more time to Alta's clients and projects.
Castillo-Triana has served in this role since 1999 under an outsourcing agreement. Through the agreement, he provided international legal support and direction in equipment leasing and financing to CIT's wholly owned subsidiaries operating in Mexico , Brazil , Argentina , Chile , Colombia , and Puerto Rico . The work was coordinated through CIT Latin American offices in South Florida .
"I am proud that I have accomplished my mission at CIT," Castillo-Triana said. "I feel privileged to have worked with a wonderful team at CIT headquarters in New York and New Jersey and also with the company's Latin American employees. CIT has proven to be one of the most reliable players in the vendor financing world in Latin America , and I am pleased to have contributed to the company's growth. Now, it is time to move on: CIT will need less of my continuous involvement in its day-to-day business, and I need more time to attend to other Alta clients in the equipment financing industry's emerging markets."
Castillo-Triana, an international attorney, is devoted to providing business and legal support to vendors, equipment lessors and financial institutions, governments, and investors. He has over 30 years of legal practice and over 26 years of experience in the equipment leasing and financing industry worldwide, including 10 years in South America serving in CEO and Director positions. Since 1997, Castillo-Triana has served as a principal of The Alta Group Latin America Region. He has participated in drafting the leasing laws and regulations of several countries, including El Salvador , Tanzania , Ghana , Madagascar , Cameroon , and Rwanda , among others. He is also a member of the Advisory Board of UNIDROIT for Drafting the Model Law on Leasing.
John Deane, founding principal of The Alta Group, commented, "A strong international presence is very important to many of our clients. Alta has been active in the Latin American Region for more than seven years. With the dramatic growth in equipment leasing and financing activity in this region over the last several years, we are delighted that Rafael will now be able to dedicate 100 percent of his time to meeting the needs of our clients."
About The Alta Group
The Alta Group is a global consultancy serving equipment leasing and finance companies, investment professionals, manufacturers, banks and government organizations. Founded in 1992, The Alta Group supports clients in North America; Latin America; Western, Central and Eastern Europe; Australia , and China . For more information, visit www.thealtagroup.com.
MEDIA CONTACTS:
Rafael Castillo-Triana, The Alta Group
Email: rafael.castillo@thealtagrouplar.com
Phone: 954 389 7943
Susan Carol, Susan Carol Associates Email: sca@scapr.com
Phone: 540 361 1274
