Fifth Third Taps Industry Veteran to Lead New National Division
February 08 2018 - 2:30PM
Business Wire
Joshua Landau named Managing Director, Group
Head of Financial Institutions Group
Fifth Third Bancorp (Nasdaq: FITB) announced today that Joshua
Landau will lead its newly expanded Financial Institutions Group as
managing director and group head, reporting directly to Kevin
Lavender, executive vice president and head of Corporate Banking
for Fifth Third.
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Fifth Third taps industry veteran, Joshua
Landau to lead new national division (Photo: Business Wire)
Landau will oversee a diverse group of industry specialists for
the New York-based national practice, which develops and manages
relationships with insurance companies, fund managers, financial
technology companies, diversified financials and correspondent
banks.
The Financial Institutions Group (FIG) is one of several areas
of expertise within Fifth Third’s Commercial Bank. The group works
closely with clients across the U.S. to understand individual
needs, and its holistic approach provides resources and strategic
advice for client coverage, credit, treasury management and capital
markets.
“The Financial Institutions Group team of specialists
understands the regulatory challenges and complex needs in this
industry,” said Lars Anderson, executive vice president and chief
operating officer of Fifth Third Bank. “By establishing a dedicated
group with Josh at the helm, we’re in a position to deliver added
value to the financial services industry.”
Landau brings more than 25 years of experience in corporate
banking and global leadership to Fifth Third. Before taking on the
new role, he spearheaded relationship banking efforts in the U.S.
and provided global coverage for U.S.-based clients as head of the
Financial Institutions Group-America at Australia & New Zealand
Banking Group Ltd.
“Today’s ever-changing markets have challenged banks of all
sizes to take a critical look at their balance sheets and seek out
new ways to provide value-added services,” Landau said. “I’m
excited to join an organization that recognizes the strong growth
prospects in the U.S.”
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company
had $142 billion in assets and operated 1,154 full-service Banking
Centers and 2,469 ATMs with Fifth Third branding in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Georgia and North Carolina. In total, Fifth Third provides its
customers with access to more than 54,000 fee-free ATMs across the
United States. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending and Wealth
& Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of Dec. 31, 2017, had $362 billion
in assets under care, of which it managed $37 billion for
individuals, corporations and not-for-profit organizations through
its Trust and Registered Investment Advisory businesses. 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.
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Fifth Third BancorpShandi Huber,
513-534-8894Shandi.Huber@53.com
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