Stephen Mullins, CFA, has been hired as president of Fifth Third Asset
Management, Inc. (FTAM), a wholly-owned subsidiary of Fifth Third Bank.
Mullins joins FTAM with more than 33 years of asset management and
investment advising experience. He previously served as a senior
executive with Lanier Asset Management, Mainstream Investment Advisors,
INVESCO and National Asset Management. He will report directly to Phil
McHugh, executive vice president and head of Fifth Third Investment
Advisors.
“With significant institutional asset management experience, Steve is a
great fit to lead FTAM as we have positioned the firm for future growth.
His strong investment background will enhance our team as we continue to
guide our clients to achieve their long-term investment goals,” said
McHugh.
Mullins is a Chartered Financial Analyst (CFA) and earned his bachelor’s
degree in finance from the University of Louisville and his Master of
Business Administration from Bellarmine University in Louisville. Click here
to view Mullins’ full bio.
“I look forward to working with FTAM’s accomplished team of
professionals and leading the firm toward continued growth with a strong
focus on providing effective and innovative investment strategies for
clients,” said Mullins.
About Fifth Third Asset Management
Fifth Third Asset Management, Inc. (FTAM) provides investment advisory
services for institutional clients. FTAM offers a diversified asset
management product line utilizing commingled funds and separate
accounts. Through teams of experienced and knowledgeable investment
professionals, advanced research resources and disciplined investment
processes, our goal is two-fold: produce superior, long-term investment
results and client satisfaction. FTAM is headquartered in Cincinnati,
Ohio with offices in Grand Rapids, Michigan, Cleveland, Ohio,
Minneapolis, Minnesota and Pittsburgh, Pennsylvania. As of September 30,
2012, FTAM had over $8.4 billion in assets under management.
About Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $117 billion in
assets and operates 15 affiliates with 1,325 full-service Banking
Centers, including 106 Bank Mart® locations open seven days a week
inside select grocery stores and 2,412 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 33% interest in Vantiv
Holding, LLC. Fifth Third is among the largest money managers in the
Midwest and, as of September 30, 2012, had $300 billion in assets under
care, of which it managed $26 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® National Global
Select Market under the symbol “FITB.” Fifth Third Bank. Member FDIC.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20121220005546/en/