AFSA Chair to Serve 2nd Term

The American Financial Services Association has announced that Thomas B. Hallman, vice chairman of CIT Group Inc., will serve a second term as AFSA's chairman.Mr. Hallman's continued involvement "is intended to help provide continuity and a smooth leadership transition as AFSA president and chief executive officer Randy Lively prepares to retire in 2006," the association said. Mr. Hallman's career spans more than 30 years in the financial services industry, during which he has led national and international organizations engaged in consumer and commercial lending and leasing, AFSA said. In addition to being CIT Group's vice chairman, Mr. Hallman serves as chairman of CIT Bank.