Fifth Third Bancorp has promoted executive vice president Daniel Poston as chief financial officer (CFO). Poston replaces Ross Kari, who has moved to Freddie Mac.
Poston, who currently serves as the bank’s controller, served as interim CFO from May 2008 through November 2008 and was instrumental in the development of the bank’s June 2008 capital plan, which has since been successfully implemented, and management of the bank’s financial position through the fall of 2008. He began his career at Fifth Third Bank in 2001 as director of internal audit and member of the bank’s enterprise committee.
Mark Hazel, Fifth Third’s assistant controller, will serve as interim controller.
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