CHARLOTTE, N.C., May 20, 2011 /PRNewswire/ -- Fifth Third Bank
announced today that Duke Energy's Brett
Carter has joined the Board of Directors of its North
Carolina Affiliate.
"We are extremely pleased to have Brett
Carter join our Board of Directors here in North Carolina. He is a proven leader in his
company, the Charlotte community,
and the state of North Carolina.
His expertise and market knowledge will be invaluable as we
continue to grow our franchise," said Bob
James, president and CEO of Fifth Third's North Carolina
Affiliate.
Carter is president of Duke Energy North
Carolina, which serves approximately 1.8 million electric
retail customers in the central and western portions of the state.
He is responsible for advancing the company's rate and regulatory
initiatives and managing state and local regulatory and
governmental relations, economic development and community
affairs.
"Fifth Third Bank is quickly becoming a leader in the financial
services sector across North
Carolina. I am delighted to join the team and look forward
to the opportunity to apply my expertise and knowledge as the
company continues to grow," said Carter.
Fifth Third Bank:
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio.
The Company has $111 billion in
assets and operates 15 affiliates with 1,311 full-service Banking
Centers and 2,454 ATMs in Ohio,
Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Pennsylvania,
Missouri, Georgia and North
Carolina. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending, and
Investment Advisors. Fifth Third's North Carolina Affiliate is
headquartered in Charlotte, NC and
operates 55 financial centers across the state. Fifth Third also
has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth
Third is among the largest money managers in the Midwest and, as of
December 31, 2010, had $266 billion in assets under care, of which it
managed $25 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® National Global Select Market
under the symbol "FITB." Member FDIC. Equal Housing Lender.
Duke Energy Carolinas:
Duke Energy Carolinas owns nuclear, coal-fired, natural gas and
hydroelectric generation. That diverse fuel mix provides
approximately 19,000 megawatts of owned electric capacity to
approximately 2.4 million customers in a 24,000-square-mile service
area of North Carolina and
South Carolina. Duke Energy is one
of the largest electric power holding companies in the United States. Its regulated utility
operations serve approximately 4 million customers located in five
states in the Southeast and Midwest, representing a population of
approximately 12 million people. Its commercial power and
international business segments own and operate diverse power
generation assets in North America
and Latin America, including a
growing portfolio of renewable energy assets in the United States. Headquartered in
Charlotte, N.C., Duke Energy is a
Fortune 500 company traded on the New York Stock Exchange under the
symbol DUK. More information about the company is available on the
Internet at: www.duke-energy.com.
SOURCE Fifth Third Bank