Fifth Third Bancorp (Nasdaq: FITB) announced today that Heather Russell
Koenig will become its chief legal officer and corporate secretary and
will be joining the Company on Sept. 28, 2015. Koenig will report to
Greg D. Carmichael, president, who becomes CEO on Nov. 1, 2015. Koenig’s
responsibilities will include overseeing Legal, Government Affairs and
Regulatory Affairs
Koenig joins Fifth Third from Bank of New York Mellon, where she was a
member of the company’s Operating Committee and led its global Office of
Public Policy and Regulatory Affairs. She also served as global chief
regulatory counsel and counsel to the Risk Committee of the Board of
Directors.
“Heather will be a terrific addition to the leadership team at Fifth
Third Bank,” Carmichael said. “She brings deep expertise in consumer,
commercial and investment banking, regulatory relations, corporate
governance, litigation and enforcement. As our chief legal officer, I
look to her as an important partner in building our franchise and
leading several critical functions within our risk infrastructure.”
Koenig’s background prior to joining BNY Mellon in 2011 included five
years with Bank of America, where she served as lead counsel for a
number of the bank’s divisions, including Global Risk, Supervisory and
Regulatory Relations, Deposit and Debit Products, Electronic Banking and
others.
Koenig practiced law for eight years at Skadden, Arps in its Washington
and London offices, focusing on bank regulatory, consumer financial
services, corporate finance and mergers and acquisitions.
She earned a bachelor’s degree from the College of William & Mary and
her law degree from the Washington College of Law at American
University. She is a member of the New York and Washington, D.C., bars
and is active in numerous industry associations, including the National
Women’s Law Center and the ABA Banking Law Committee, which she
vice-chairs.
Said Koenig, “I am excited to join Fifth Third and make an immediate
contribution. The Bank has a strong foundation and growth prospects. I
look forward to being part of its future.”
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $142 billion in
assets and operates 1,299 full-service Banking Centers, including 101
Bank Mart® locations, most open seven days a week, inside select grocery
stores and 2,630 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois,
Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and
North Carolina. Fifth Third operates four main businesses: Commercial
Banking, Branch Banking, Consumer Lending, and Investment Advisors.
Fifth Third also has a 22.8 percent interest in Vantiv Holding, LLC.
Fifth Third is among the largest money managers in the Midwest and, as
of June 30, 2015, had $304 billion in assets under care, of which it
managed $27 billion for individuals, corporations and not-for-profit
organizations. 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.
Fifth Third Bancorp
Jim Eglseder (Investors), 513-534-8424
Larry Magnesen (Media), 513-534-8055