Fifth Third Bancorp (Nasdaq: FITB) announced today that Sameer Gokhale
has been named its head of investor relations. He will report to Tayfun
Tuzun, executive vice president and chief financial officer.
In addition, Gokhale will oversee corporate performance measurement and
lead a team that provides analytical support for corporate development
activities.
Gokhale joins Fifth Third from Janney Montgomery Scott, where he was
managing director in equity research for regional banks and consumer and
specialty finance companies. Prior to joining that organization in 2012,
he served for five years at Keefe, Bruyette & Woods as senior vice
president for equity research in Consumer and Specialty Finance.
Gokhale’s background includes nine years of additional experience in
equity research, financial management, public accounting and management
consulting.
Tuzun said, “As a highly respected analyst in our industry, Sameer
brings a deep understanding of the shareholder’s perspective on value
creation.” He added, “Sameer will help us further enhance our reputation
as a financial institution that can produce consistent results through
the business cycle in a dynamic industry.”
Gokhale has been ranked numerous times among the very top equity
analysts for segments of the financial services industry by Forbes,
Zacks Investment Research, Starmine, the Financial Times, and the Wall
Street Journal. He has been recognized with five first-place awards.
Gokhale holds a bachelor’s degree in accounting from Trinity University
and a master’s degree in business administration from the Johnson School
of Management at Cornell University.
“I am thrilled to join Fifth Third at this important juncture,” Gokhale
said. “I have been familiar with the Bank for many years and look
forward to making an immediate contribution.”
About Fifth Third:
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $141 billion in
assets and operates 1,254 full-service Banking Centers, including 95
Bank Mart® locations, most open seven days a week, inside select grocery
stores and 2,593 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 an 18.3% interest in Vantiv Holding, LLC. Fifth
Third is among the largest money managers in the Midwest and, as of
December 31, 2015, had $297 billion in assets under care, of which it
managed $26 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
Sameer Gokhale (Investors), 513-534-2219
or
Jim Eglseder (Investors), 513-534-8424
or
Larry Magnesen (Media), 513-534-8055