American Banker Names Fifth Third Bank’s Chief Administrative Officer Teresa Tanner to the Most Powerful Women in Banking L...
September 28 2016 - 8:23AM
Business Wire
Creates Women’s Leadership Group to Increase
Top Female Leaders
Teresa Tanner’s guiding principle is: Lift as you climb.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160928005790/en/
Teresa Tanner, Chief Administrative
Officer for Fifth Third Bancorp, was named to American Banker's
Most Powerful Women in Banking list for 2016. (Photo: Business
Wire)
As Fifth Third Bank’s Chief Administrative Officer, she mentored
several women. She was passionate that women executives have the
responsibility to help other women develop the skills they need to
rise, too. And she knew that if more women had the right levels of
executive sponsorship, access to development and coaching designed
for them, this could change.
So a little more than a year ago Tanner worked with an outside
firm and her team to start Women in Leadership, an internal
experience-based program that helps female leaders have more impact
and accelerate their careers. The women would work together to
network, as well as work with coaches and mentors.
The Women in Leadership class is one of the reasons Tanner was
named to the Women to Watch List as part of American Banker’s Most
Powerful Women in Banking awards for 2016. The award puts her in
the company of bank presidents and chief operating officers from
both large and regional banks. American Banker highlighted Teresa’s
innovation in reinventing the Bank’s benefits offerings, her work
within the community, and her role in recruiting and developing
talent.
Tanner has a long history of community involvement and impact.
Her current commitments include serving as vice-chair of the Ronald
McDonald House Charities and vice-chair of the ArtsWave Board of
Trustees. She also serves on the Board of the FreeStore Foodbank
and is active with the Women's Leadership Council of the United
Way.
“We deeply admire Teresa for many reasons, including not only
her passion for banking, her professionalism and deep dedication to
the Fifth Third employees, but also her commitment to the
communities we serve,” Fifth Third President and CEO Greg
Carmichael said.
Tanner believes that Fifth Third executives should lead with
courage – encouraging employees to take on strong roles, no matter
their jobs.
Jamie Leonard, the Bank’s treasurer, said Tanner has been a
significant force in driving Fifth Third to be one of the top
performing banks in the industry and a top workplace as proven by
the Bank’s third Gallup Great Workplace Award during her
tenure.
"Teresa has significant influence and impact on all aspects and
levels of the organization," he said.
The women in the first Women in Leadership program were
nominated and approved by the Bank’s Enterprise Committee.
“We need diversity at the table, we need different styles and
perspectives,” Tanner said. “We also need strong leaders – male and
female – who can share their voices effectively and be heard.”
Tanner said the real proof will be in three to four years as
these women executives progress through their careers and become
sponsors and mentors, too. A new group of women started the program
in August.
Tanner began her career with McDonald's Corporation and has a
vast background in education, human resources and operations
management. She attended Pensacola Christian College and received
her MBA from Xavier University.
Women included on this year’s list will be featured in the
October issue of American Banker Magazine and celebrated at an
awards dinner on Oct. 6 in New York City.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $144 billion in
assets and operates 1,191 full-service Banking Centers, including
94 Bank Mart® locations, most open seven days a week, inside select
grocery stores and 2,541 ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Georgia and North
Carolina. Fifth Third operates four main businesses: Commercial
Banking, Branch Banking, Consumer Lending, and Wealth and Asset
Management. 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 June 30, 2016, had $305 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.” Fifth Third Bank was established in 1858. Member
FDIC, Equal Housing Lender
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160928005790/en/
Fifth Third BankLaura Trujillo,
513-534-4361Laura.trujillo@53.com
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From Sep 2023 to Sep 2024