Edward L. Robinson Named Fifth Third’s Mortgage Head
July 07 2016 - 4:13PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced today that Edward
L. Robinson has been named its senior vice president and head of
Fifth Third Mortgage. He will report to Chad Borton, executive vice
president and head of the Consumer Bank. Robinson’s
responsibilities will include comprehensive oversight of all
Mortgage-related functions at Fifth Third.
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Fifth Third Bancorp announced today that
Edward L. Robinson has been named its senior vice president and
head of Fifth Third Mortgage. (Photo: Business Wire)
Robinson joins Fifth Third from PHH, one of the nation’s 10
largest mortgage originators and servicers. He most recently served
as senior vice president, leading servicing operations for a
portfolio of more than 1.1 million loans and $234 billion through
nearly 1,500 employees and contractors. Prior to that role, he was
vice president of originations.
Before PHH, Robinson held positions of increasing responsibility
with Genworth Financial and General Electric. His responsibilities
over a decade there included directing operations for the U.S.
mortgage insurance business, leading strategic initiatives for
long-term care insurance, and financial management and analytics at
both Genworth Financial and GE. He led a number of Lean Six Sigma
efforts at both Genworth Financial and GE.
Robinson also served 15 years in the U.S. Army as a Special
Operations team leader, successfully completing elite technical and
leadership training. He completed four combat tours operating in 15
countries.
“We are very pleased to add a leader of Ed’s caliber to Fifth
Third. He has consistently demonstrated a solid track record of
success in a variety of challenges and roles,” Borton said. “He
brings extensive mortgage expertise and a strong financial and
operational skillset that will directly enhance and accelerate our
ability to grow the mortgage business.”
Robinson holds a bachelor’s degree from Temple University in
Finance and Economics as well as an MBA in Global Management from
the Kenan-Flagler Business School at the University of North
Carolina. He also completed GE’s Financial Management Program.
“I am excited to join the leadership team at Fifth Third,”
Robinson said. “I have always respected Fifth Third as a competitor
and its level of commitment to the Mortgage business. I am
confident I can make an immediate contribution and help the Bank
fully capitalize on its growth prospects in both the purchase and
refinance markets.”
About Fifth Third:
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2016,the Company
had $142 billion in assets and operated 1,241 full-service Banking
Centers, including 95 Bank Mart® locations, most open seven days a
week, inside select grocery stores and 2,556 ATMs in Ohio,
Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Pennsylvania, Georgia and North Carolina. Fifth Third
operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending, and Investment Advisors. Fifth Third also has an
18.3% interest in Vantiv Holding, LLC. Fifth Third is among the
largest money managers in the Midwest and, as of March 31, 2016,
had $303 billion in assets under care, of which it managed $26
billion for individuals, corporations and not-for-profit
organizations. Investor information and press releases can be
viewed at www.53.com. Fifth Third’s common stock is traded on the
Nasdaq® Global Select Market under the symbol “FITB.” Member
FDIC.
Copyright © 2016. Fifth Third Bank, Member FDIC, Equal Housing
Lender, All Rights Reserved.
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Fifth Third BancorpSameer Gokhale (Investors),
513-534-2219Larry Magnesen (Media), 513-534-8055
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