CINCINNATI – Fifth Third Bancorp (NASDAQ:FITB) today announced that Brian Lamb, executive vice president and head of Fifth Third Corporate Responsibility and Reputation, has been named the new head Wealth & Asset Management, reporting to Mike Michael. Michael and Lamb will work closely together in January and February to ensure a smooth transition.
Greg D. Carmichael, president and CEO of Fifth Third Bancorp, said, "Brian’s leadership will further advance our strategic priorities and move us closer to achieving our Vision to be the one bank people most value and trust."
Lamb most recently led the Bank’s Corporate Responsibility and Reputation division, accountable for the comprehensive framework of the Bank’s civic commitments and reputation management. Prior to that, Lamb served as regional president of the Bank’s North Florida region, based in Tampa. He brings to his new role a deep knowledge of commercial, retail and business banking, and experience in creating successful relationships across business lines. Lamb joined Fifth Third in 2006.
Effective March 1, Mike Michael will become chairman of the Cincinnati region. In this role, he will leverage his extensive expertise of the Cincinnati market to help serve existing customers, develop new relationship opportunities and represent the Bank in the marketplace. Over Michael’s career, he has served as head of Wealth & Asset Management and group regional president for Fifth Third Bancorp.
Michael is a member of the board of directors of CSAA Insurance Group, AK Steel Corp. and Arlington Asset Investment Corp. He also serves on the advisory board of Alexander Proudfoot Inc. In addition, he serves on a number of Greater Cincinnati boards, including Cincinnati Center City Development Corporation (3CDC), Cincinnati USA Regional Chamber, TriHealth, Xavier University, American Red Cross and the Cincinnati Bengals. He is co-chairman of the Build Our New Bridge Now Coalition and a past vice chairman of the Cincinnati Business Committee.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of Sept. 30, 2017, the Company had $142 billion in assets and operated 1,155 full-service Banking Centers and 2,465 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 nearly 55,000 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 also has an 8.6 percent interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of Sept. 30, 2017, had $348 billion in assets under care, of which it managed $36 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.