Question: Nelson Chai is the former president of what financial holding company that was founded in 1908, and is headquartered in New York City?

<P0-S0> Nelson Joosuk Chai (born 1965) is an American investment banker and financial executive. <P0-S1>  He formerly served as the chief financial officer of American financial services company Merrill Lynch and briefly as Bank of America's president for the Asia-Pacific region. <P0-S2>  He is the former president of CIT Group and reported directly to then CEO John Thain. <SEP> <P1-S0> Astoria Bank (formerly Astoria Federal Savings & Loan Association) is a bank based in Long Island City, New York. <P1-S1>  Astoria Financial Corporation is the holding company formed in 1993 to facilitate the conversion of Astoria Federal Savings and Loan Association from a mutual form of ownership to stock ownership. <P1-S2>  Astoria Financial Corporation, with assets of $16.5 billion, is the holding company for Astoria Federal Savings and Loan Association. <P1-S3>  Established in 1888, Astoria Federal, with deposits in New York totaling $10.4 billion, is the largest thrift depository in New York. <SEP> <P2-S0> Katherine Oliver is an American media and entertainment executive based in New York City. <P2-S1>  Oliver is currently a Principal at Bloomberg Associates, a philanthropic consultancy firm founded by Michael Bloomberg to provide advice and long-term solutions to cities worldwide. <P2-S2>  On August 1, 2002, she was appointed by New York City Mayor Michael Bloomberg as the Commissioner of The New York City Mayor's Office of Film, Theatre and Broadcasting, which facilitates all aspects of film, television and commercial production in New York City, coordinating on-location filming, liaising with the community and promoting the City as an entertainment capital. <P2-S3>  Oliver was the main liaison between the Mayor's Office and Hollywood and aimed "to make filmmakers and production companies happy to return to New York." <P2-S4>  In 2013, Oliver and Mayor Bloomberg were featured on the cover of Variety and were credited for their role in "revitalizing the city's entertainment sector." <P2-S5>  An economic impact study released by the Boston Consulting Group in 2012 found that New York City's entertainment industry during Oliver's tenure as film commissioner had grown to account for a $7.1 billion annual direct spend in New York City, an increase of $2 billion since 2002, and that the local industry created 30,000 jobs in New York City since 2004, growing to employ 130,000 people. <P2-S6>  AM New York noted that: "New York's film and TV industry is stronger than it has ever been, pumping $7.1 billion into the local economy in 2011 and bringing in some $60 billion over the last decade." <P2-S7>  After Bloomberg announced that former president and co-founder of NYC Media Group Arick Wierson was returning to the private sector, Bloomberg named Oliver as the incoming president of NYC Media and general manager of NYCTV. <P2-S8>  In July 2010, Oliver became the commissioner of the Mayor's Office of Media and Entertainment, the city agency that includes the Mayor's Office of Film, Theatre and Broadcasting, NYC Media, and NYC Digital. <SEP> <P3-S0> CIT Group Inc. is a financial holding company founded in 1908 headquartered in New York City. <P3-S1>  The company's name is an abbreviation of an early corporate name, Commercial Investment Trust. <P3-S2>  It provides financing and leasing capital to customers in over 30 industries. <P3-S3>  CIT also operates CIT Bank, an FDIC insured bank, its primary bank subsidiary.