Stephen Mullins Named President of FTAM
CINCINNATI -- December 20, 2012
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.
Photos/Multimedia Gallery Available:
Fifth Third Bancorp
Barbara Grimsley, 513-534-6791
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