Sheila Stamps Biography and Net Worth

Stamps joined the CIT board in February 2014 and also serves as a board member for CIT Bank, N.A. She is a member of the Board of Directors of IES Abroad. She is a former commissioner and audit committee chair on the board of the New York State Insurance Fund, the state’s largest worker's compensation insurance provider.

She previously served as executive vice president at Dreambuilder Investments LLC, a private mortgage investment company, from 2011 to 2012. She served from 2008 to 2011 as director of pension investments and cash management at the New York State Common Retirement Fund, and from 2004 to 2005 as a fellow at the Weatherhead Center for International Affairs at Harvard University.

Prior to this, Stamps served as managing director and head of relationship management, financial institutions, at Bank of America Corp. (formerly FleetBoston Financial Corp.). From 1982 to 2003, she held a number of executive positions with Bank One Corp. (now JPMorgan Chase & Co.), including managing director and head of European asset-backed securitization and managing director and senior originator of asset-backed securitization. She holds an MBA from the University of Chicago.