Heather Russell Koenig Named Fifth Third’s Chief Legal Officer
August 21 2015 - 3:10PM
Business Wire
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
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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. (Photo: Business Wire)
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.
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Fifth Third BancorpJim Eglseder (Investors), 513-534-8424Larry
Magnesen (Media), 513-534-8055
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