Joshua Landau named Managing Director, Group Head of Financial Institutions Group
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.
Fifth Third Bancorp
Shandi Huber, 513-534-8894
Shandi.Huber@53.com