Fifth Third Bancorp (NYSE: FITB) has announced the appointment of Darren King as the head of the Commercial Bank, a position he has held on an interim basis since June. King, who is also the executive vice president, will now oversee the Regional Banking business, creating a unified structure aimed at enhancing client relationships and service capabilities.
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This new structure combines the Commercial Bank with Regional Banking, offering a more comprehensive banking experience for clients. Fifth Third notes that with the recent merger with Comerica, the bank's middle market sales force has increased by over 75%, bolstering its expertise across various industries, including Innovation Banking and environmental services.
Tim Spence, chairman, CEO and president of Fifth Third, expressed confidence in King's leadership, stating that he has successfully navigated one of the most significant periods in the bank's history and is well-equipped to lead its future initiatives. "We now have the bankers, the industry expertise, and the reach to be the bank of choice for businesses across the Midwest, the Southeast, Texas and California," Spence remarked.
King emphasized the bank's commitment to providing clients with top-notch service, stating, "Our approach starts with a simple principle: put the best team in front of every client."
King joined Fifth Third in 2025 as head of Regional Banking and Wealth Management after a 24-year tenure at M&T Bank, where he held various leadership positions, including chief financial officer and head of consumer banking.
Fifth Third Bancorp has a long history of innovation in financial services, dating back to 1858. The bank is recognized for its ethical practices and aims to be the most valued and trusted bank for its customers, employees, and communities.