Fifth Third Announces Corporate & Investment Banking Structure
03 Ottobre 2024 - 2:00PM
Business Wire
Fifth Third Bank is pleased to announce a new structure within
its Commercial Bank that builds upon the organization’s successes
and continues to position the firm for the future.
Corporate & Investment Banking serves a variety of
industries with a team of experienced bankers dedicated to
providing solutions based on the Bank’s industry-specific knowledge
sectors. The new Corporate & Investment Banking structure
empowers the bank to serve clients with a broader array of services
including more complex financial activities and expert investment
advice.
“This structure integrates key sales functions and coverage
teams under one umbrella, which streamlines how we operate and
enables us to serve the dynamic needs of our clients more
effectively,” said Kevin P. Lavender, head of Commercial Banking.
“This organizational structure positions the Commercial Bank for
future growth and opportunity.”
Kevin Khanna will lead the new structure as the Head of
Corporate & Investment Banking. Fifth Third’s new Corporate
& Investment Banking division supports industry-specific
verticals including Consumer and Retail, Energy, Financial
Institutions, Healthcare, Technology, Media, Telecom and
Entertainment, Aerospace, Defense and Transportation and Metal,
Materials and Construction.
The division will also encompass the Investment Banking,
Corporate Finance & Advisory and Financial Sponsors groups that
have been long running efforts at the bank. This combination will
bring together industry expertise, expert advisory services and
private equity relationships for the benefit of all Commercial Bank
clients.
“This alignment enhances our competitive edge,” said Khanna. “It
recognizes our growth as a bank and how we are positioned in the
industry for further success. Critically, this structure keeps our
clients at the center of everything we do and makes it easier to
provide the advice and support they seek.”
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol "FITB." Investor information
and press releases can be viewed at www.53.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241003161940/en/
Adrienne Gutbier (Media Relations) adrienne.gutbier@53.com |
513-534-8038 Matt Curoe (Investor Relations) matt.curoe@53.com |
513-534-2345
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