Jelena McWilliams Named Fifth Third's Chief Legal Officer
January 05 2017 - 8:30AM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced today that Jelena
McWilliams will become its chief legal officer and corporate
secretary. McWilliams, who will report to President and CEO Greg D.
Carmichael, will join the Company Jan. 9. Her responsibilities will
include overseeing Legal, Government Affairs and Regulatory
Affairs.
McWilliams joins Fifth Third from the public sector, where she
has worked since 2007. Since 2012, she has held chief counsel,
deputy staff director and senior counsel positions with the U.S.
Senate Committee on Banking, Housing and Urban Affairs. There, she
has provided legal counsel to senators, engaged in oversight of
federal financial regulators and drafted legislation on prudential
banking regulation, systemic risk, consumer protection and other
regulatory matters.
From 2007 to 2010, McWilliams served as an attorney for the
Division of Consumer and Community Affairs at the Federal Reserve
Board of Governors where she drafted consumer protection
regulations, responded to consumer complaints and conducted
consumer testing of mortgage disclosures. She then joined the U.S.
Senate Small Business and Entrepreneurship Committee as assistant
chief counsel, handling financial services, banking regulation,
consumer protection, economic and monetary policy, budget, federal
debt and deficit, and small business issues.
"Jelena is a great addition to the executive leadership team at
Fifth Third Bank," Carmichael said. "In addition to her extensive
experience in regulatory affairs and financial services, Jelena has
a strong focus on the customer that was honed in her various roles
in government. This focus is a perfect fit for Fifth Third’s
strategic direction in 2017 and beyond. Her counsel undoubtedly
will move us closer to our ability to achieve our Vision, which is
to be the one bank people most value and trust.”
McWilliams practiced law at Morrison & Foerster LLP in Palo
Alto, California, and Hogan & Hartson LLP (now Hogan Lovells
LLP) in Washington, D.C. In her law practice, McWilliams focused on
corporate law, counseling clients on public offerings of debt and
equity securities, and representing publicly and privately held
companies in mergers and acquisitions, securities offerings,
strategic business ventures, venture capital investments, and
corporate governance matters.
McWilliams earned bachelor's and law degrees from the University
of California at Berkeley. She is a member of the California Bar
Association.
“Fifth Third’s strong foundation, clearly articulated strategic
plan and deep commitment to improving lives are among the many
reasons I am excited to join the Bank at the start of 2017,”
McWilliams said. “I look forward to helping build on that
legacy.”
About Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of September 30, 2016, the
Company had $143 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 2,497 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 & Asset Management. Fifth Third also has an
18.3 percent interest in Vantiv Holding, LLC. Fifth Third is among
the largest money managers in the Midwest and, as of Sept. 30,
2016, had $314 billion in assets under care, of which it managed
$27 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/20170105005295/en/
Fifth Third BancorpMedia Contact:Larry Magnesen,
513-534-8055orInvestor Contact:Sameer Gokhale, 513-534-2219
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From Apr 2024 to May 2024
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From May 2023 to May 2024