Eric Smith Named Regional President for Fifth Third Bank (Chicago)
September 28 2017 - 1:51PM
Business Wire
Bob Sullivan Becomes Regional Chairman
Fifth Third Bancorp (Nasdaq: FITB) announced today that it has
named Eric Smith regional president of Fifth Third Bank (Chicago),
effective Oct. 1. He will report to Steve Alonso, group regional
president.
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Eric Smith named regional president for
Fifth Third Bank (Chicago). (Photo: Business Wire)
Smith joined as market president of Fifth Third Bank (Chicago)
last fall, with a focus on driving the Bank’s growth in credit,
treasury management services, capital markets and corporate
advisory solutions. In his expanded role, Eric will oversee Fifth
Third’s Commercial and Wealth and Asset Management businesses, as
well as lead strategic growth across all lines of business for the
entire Chicago region.
“Over the last year, Eric has played a key leadership role in
shaping our overall business strategy for the Chicago region,” said
Lars Anderson, chief operating officer of Fifth Third Bancorp. “He
has played an instrumental role in building out the leadership team
and leading business development efforts, while maintaining a high
level of civic engagement.”
Smith joined Fifth Third from JP Morgan Chase, where he most
recently served as chief financial officer of Middle Market
Banking.
Smith has a long history of commitment to the Chicagoland
non-profit and civic community as reflected through his board
service and volunteerism. He currently serves as the Chairman of
the Board for the Chicago Urban League. He is a member of the board
of the Lyric Opera of Chicago, the Ann & Robert H. Lurie
Children’s Hospital of Chicago, Goodman Theatre and the Chicago
Public Education Fund. Smith is a member of the Economic Club of
Chicago and the Executives’ Club of Chicago.
“Since joining the Bank, Eric has been very thoughtful in his
approach to team development and the delivery of solutions to our
customers,” said Alonso. “I am confident that he will continue to
build on the progress in growing our Chicago franchise.”
Bob Sullivan, who has served as regional president since 2011,
will become regional chairman. In this capacity, he will focus on
his significant community involvement, including his current role
as chair of the 2017 Metro Chicago United Way Campaign. Over
Sullivan’s long and accomplished career, he has served as regional
president of Fifth Third Bank’s operations in Cincinnati and
Northwestern Ohio. He also has led Fifth Third Bancorp’s Commercial
Banking division, Investment Advisors division (now Wealth &
Asset Management) and Fifth Third Processing Solutions.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of June 30, 2017, the Company
had $141 billion in assets and operated 1,157 full-service Banking
Centers and 2,461 ATMs 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 45,000 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
June 30, 2017, had $330 billion in assets under care, of which it
managed $34 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, Equal Housing Lender.
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Fifth Third BancorpSean Parker (Media),
513-534-6791Sameer Gokhale (IR), 513-534-2219
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