Greg Carmichael, executive vice president and Chief Operating Officer of Fifth Third Bancorp, today announced that Karen Dee, affiliate president of Fifth Third Bank (Central Florida) has been named regional president for the state of Florida, effective immediately.
“From the day Karen joined Fifth Third in October 2006 she has provided leadership and enthusiasm that stretched across the Company,” said Carmichael. “She is exactly the right person to lead the growth and expansion of Fifth Third Bank throughout the state of Florida. She understands the Florida market and has an appreciation for the needs of our customers in the Sunshine State.” Carmichael added, “Karen will continue to manage the day-to-day operations of our Central Florida affiliate while providing strategic oversight to our presidents in South Florida, Tampa Bay and North Florida.”
Dee joined Fifth Third Bank in 2006 to provide strategic support on special Retail initiatives. She was named head of Retail Banking in January 2007 and was named president and CEO of Fifth Third’s Central Florida affiliate in December 2008. Prior to joining Fifth Third, Dee served as senior vice president and regional managing director for Wachovia Wealth Management for the central, north and southwest Florida markets. Previously, she was Wachovia’s regional president for the Greater Tampa Bay market.
“I have deep roots and business relationships throughout Florida and I’m thrilled with the opportunity to lead the Bank’s operations in my home state,” explained Dee.
Orlando will become Fifth Third Bank’s State Headquarters.