Fifth Third Bancorp (FITB) announced today that Kristine Garrett has been named senior vice president and head of Fifth Third Private Bank.
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In her new role, Garrett will be responsible for leading the vision, strategy and execution for Fifth Third Private Bank across the Bank’s footprint. She will report to Mike Michael, executive vice president and head of Wealth and Asset Management.
“Kristine’s background and expertise in the industry make her the perfect fit for this key role in our organization,” said Michael. “She also understands the importance of providing value and personalized service for our clients, which aligns with our vision to be the One Bank people most value and trust.”
Fifth Third Private Bank provides access to investment and planning solutions to preserve clients’ wealth, increase assets, protect businesses and leave a lasting legacy for high net-worth individuals and families. The group also offers digital solutions to assist with wealth management and estate planning, Life360 and LegacyLink, respectively.
Prior to joining Fifth Third, Garrett most recently served as president of private wealth at CIBC US. In this position, she had direct responsibility for private banking, investment management, trust and brokerage across the personal advisory and corporate client segments. She also held national and regional leadership roles at J.P. Morgan.
Garrett earned a bachelor’s degree from Allegheny College in Pennsylvania.
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 more than 45,000 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, Equal Housing Lender
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