CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) announced today that Joshua Landau will lead its newly expanded Financial Institutions Group as managing director and group head, reporting directly to Kevin Lavender, executive vice president and head of Corporate Banking for Fifth Third.
Landau will oversee a diverse group of industry specialists for the New York-based national practice, which develops and manages relationships with insurance companies, fund managers, financial technology companies, diversified financials and correspondent banks.
The Financial Institutions Group (FIG) is one of several areas of expertise within Fifth Third’s Commercial Bank. The group works closely with clients across the U.S. to understand individual needs, and its holistic approach provides resources and strategic advice for client coverage, credit, treasury management and capital markets.
“The Financial Institutions Group team of specialists understands the regulatory challenges and complex needs in this industry,” said Lars Anderson, executive vice president and chief operating officer of Fifth Third Bank. “By establishing a dedicated group with Josh at the helm, we’re in a position to deliver added value to the financial services industry.”
Landau brings more than 25 years of experience in corporate banking and global leadership to Fifth Third. Before taking on the new role, he spearheaded relationship banking efforts in the U.S. and provided global coverage for U.S.-based clients as head of the Financial Institutions Group-America at Australia & New Zealand Banking Group Ltd.
“Today’s ever-changing markets have challenged banks of all sizes to take a critical look at their balance sheets and seek out new ways to provide value-added services,” Landau said. “I’m excited to join an organization that recognizes the strong growth prospects in the U.S.”
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company had $142 billion in assets and operated 1,154 full-service Banking Centers and 2,469 ATMs with Fifth Third branding 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 54,000 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 Dec. 31, 2017, had $362 billion in assets under care, of which it managed $37 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.