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Fifth Third names Texas market president.

BANKING AND CREDIT NEWS-March 1, 2019--Fifth Third names Texas market president

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Global Banking News - 01 March 2019

Fifth Third Bancorp (NASDAQ: FITB) has said that it has appointed Scott Silvas as market president for Texas as part of the company's efforts to expand its commercial banking capabilities to serve Texas-based middle-market companies.

In his new role based in Houston, Silvas will be responsible for building teams in Houston and Dallas to support the needs of middle-market companies across the state. He will report to Tom Heiks, executive vice president and head of middle-market banking for Fifth Third.

Silvas, who has more than 15 years of banking experience, has most recently been at JP Morgan Chase (NYSE: JPM), where he served as executive director and managing market executive for the Houston Middle Market Group since 2014. Before that, he held various roles with JP Morgan since 2010. Silvas started his career in 2003 with Bank of Texas, part of BOK Financial.

The bank currently has nearly 30 employees in Dallas and Houston who provide corporate banking services to clients nationwide. The bank recently announced Joe Yurosek as its market president for California.

Headquartered in Cincinnati, Ohio, Fifth Third Bancorp is a diversified financial services company with USD146bn in assets as of December 31, 2018. The company operates 1,121 full-service banking centres and 2,419 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U7TX
Date:Mar 1, 2019
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