Steven Alonso promoted to Group Regional President
Fifth Third Bancorp (NASDAQ: FITB) announced today that Kevin Hipskind
has been named regional president responsible for Indiana and St. Louis.
Hipskind will continue to report to Steven Alonso, who now moves from
regional president to group regional president with responsibility for
all of the Bank’s regions.
“I am pleased to announce Kevin’s promotion to regional president,”
Alonso said. “For over 15 years, he has demonstrated his ability to lead
the Commercial Bank in Indiana in the most customer-centric way.”
Hipskind has been with Fifth Third since 2002 and has been a commercial
banker for over 20 years. He has served as senior commercial banker,
large corporate relationship manager, middle market team leader,
community market sales manager and international manager.
“I am excited to take on this new leadership role,” said Hipskind. “I
have a longstanding passion for helping customers capitalize on their
business and personal financial goals, and look forward to expanding
that passion across Indiana and St. Louis.”
Hipskind fills the role vacated by Alonso. In addition to serving as
regional president, Alonso was the head of the Consumer Bank, comprising
retail banking, mortgage, auto lending, bankcard, collections and credit
centers. He continues to serve as senior executive sponsor of Fifth
Third’s diversity and inclusion councils. He will report to Chief
Operating Officer, Lars Anderson.
“I am thrilled to take on this new role where I will continue to focus
on doing what’s best for our customers,” said Alonso. “I look forward to
leading the regions throughout our 10-state footprint.”
Hipskind and Alonso will each continue to reside in central Indiana.
They are both active community members with commitments to numerous
boards and committees throughout Indiana.
Hipskind currently serves on the executive boards of the Japanese
American Society of Indiana and Eskenazi Health Foundation, the latter
of which he also serves as chairman. Additionally, he is a member of the
Indiana Community Business Credit Corporation board, the Mother Theodore
Catholic Academies board and the Brebeuf Jesuit Board of Trustees.
Alonso serves on the board of directors and executive committees of the
Indianapolis Chamber of Commerce and the Indianapolis Neighborhood
Housing Partnership (INHP). He also serves on the Indianapolis Zoo Board
of Trustees and the 500 Festival 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.
Fifth Third Bancorp
Teresa Shaffer, 317-383-2498