Fifth Third Bancorp announced the appointment of Jamie Leonard as chief risk officer amid a recent leadership shuffle.
Leonard, who has worked at Fifth Third for more than 20 years, succeeds Frank Forrest as chief risk officer. Forrest, who also held the title of executive vice president, moves into a new role as special advisor for risk and regulatory matters until Dec. 31, 2020, at which time he will retire from the company.
Leonard most recently served as executive vice president and treasurer at Fifth Third for the past six years. During his tenure as treasurer, he managed capital, liquidity, and interest rate risk. Leonard also served on the corporate credit committee.
Bryan Preston, formerly chief financial officer for Fifth Third’s consumer and payments businesses, has been promoted to treasurer, succeeding Leonard. Fifth Third also announced Lars Anderson, formerly chief operating officer and head of commercial banking, has been appointed vice chairman of commercial banking strategic growth initiatives, and Kevin Lavender, who has served as executive vice president and head of corporate banking, will expand his responsibilities to lead commercial banking.