CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) announced today that Susan B. Zaunbrecher has joined the Bank as executive vice president and senior legal adviser, reporting to Chairman, President and CEO Greg D. Carmichael.
As part of the bank’s succession planning, Zaunbrecher has been hired with the intent of succeeding Jelena McWilliams as its chief legal officer and corporate secretary, given McWilliams is being considered to chair the Federal Deposit Insurance Corporation (FDIC).
Zaunbrecher most recently served as a partner and chair of the corporate department at Dinsmore & Shohl LLP, overseeing one of the largest law firm corporate groups in the Midwest, with nearly 200 lawyers. She also sat on the firm’s board of directors and executive committee.
“Susan brings more than three decades of legal expertise and will be a tremendous addition to the executive leadership team at Fifth Third Bank,” said Carmichael. “In addition to her extensive background in financial services and regulatory affairs, she understands the power of a positive client experience. This makes her a great fit for Fifth Third.”
Zaunbrecher joined Dinsmore in 1990. There, she provided counsel on transactions, mergers and acquisitions, compliance matters and securities law. Her clients were primarily financial institutions and also included public and private manufacturing and service companies.
Zaunbrecher earned her law degree from the University of Cincinnati College of Law, where she served on the Law Review editorial board. She earned a bachelor’s degree from Newcomb College of Tulane University. She is a member of the Ohio Bar Association and is active with numerous civic and professional organizations, including the Cincinnati Bar Association, UC Economic Center for Education and Research, United Way Tocqueville Society, Cincinnati ArtsWave.
“It’s an exciting time to join Fifth Third, and I look forward to making immediate contributions to the team,” Zaunbrecher said.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2018, the Company had $142 billion in assets and operated 1,153 full-service Banking Centers and 2,459 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 March 31, 2018, had $363 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.