Fifth Third’s Laurent Desmangles, Linda W. Clement-Holmes Recognized as 2024 Most Influential Corporate Directors by Savoy Magazine

Rhea-AI Summary

Fifth Third Bank directors Laurent Desmangles and Linda W. Clement-Holmes have been named to Savoy Magazine's 2024 Most Influential Corporate Directors list. Desmangles, a retired senior partner from Boston Consulting Group, brings over 30 years of experience in financial services and serves on multiple Fifth Third committees. Clement-Holmes, who was previously recognized in 2021, is a retired chief information officer from Procter & Gamble with expertise in IT and diversity leadership. She serves on Fifth Third's audit, human capital, compensation, and technology committees. Both directors are recognized for their significant contributions to corporate leadership and governance.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank directors Laurent Desmangles and Linda W. Clement-Holmes have been named to Savoy Magazine’s 2024 Most Influential Corporate Directors list.

Laurent Desmangles (Photo: Business Wire)

Published in Savoy Magazine’s Fall/Winter edition, the list is comprised of executives, influencers and achievers who serve on the boards of the world’s leading corporations and organizations. Clement-Holmes was also named to the list in 2021.

With a career spanning more than 30 years, Desmangles is a retired senior partner and managing director at Boston Consulting Group and a former director of financial institutions at Oliver Wyman. He has extensive experience in advising large financial services organizations on corporate strategy, large scale transformation, digital and analytics innovation and change management.

Desmangles sits on Fifth Third’s nominating and corporate governance, risk and compliance, and technology committees. He is also a member of the Board of Advisors of the International Rescue Committee and Vice Chair of Let’s Get Ready.

Clement-Holmes is recognized as a leader in information technology, information security and digital and IT strategy as well as a pioneer in diversity and inclusion. She serves on Fifth Third’s board as a member of the audit, human capital, compensation, and technology committees.

As the retired chief information officer at The Procter & Gamble Company, Clement-Holmes has been listed in Computerworld's Premier 100 IT Leaders, Uptown Professional's Top 100 Executives, and Black Enterprise magazine's Top Executives. A fellow at the IT Senior Management Forum, she is a recipient of numerous awards, including the Howard University Global Visionary Leadership Award. In addition to serving on Fifth Third’s board, she serves on the board of Cincinnati Financial Corporation.

The full 2024 Most Influential Corporate Directors list is available online at SavoyNetwork.com.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies^® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ^® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

About Savoy Magazine

Savoy Magazine is a leading publication celebrating the African American lifestyle and culture. Covering a wide range of topics from business and politics to entertainment and style, Savoy serves as a critical platform for showcasing the richness of the Black experience. Distributed globally through subscriptions and newsstands, Savoy is a key influencer in driving meaningful discourse in the African American community.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241121881432/en/

Amanda Nageleisen (Media Relations)

amanda.nageleisen@53.com

Matt Curoe (Investor Relations)

matt.curoe@53.com | 513-534-2345

Source: Fifth Third Bank

FAQ

What recognition did Fifth Third Bank (FITB) directors receive in 2024?

Laurent Desmangles and Linda W. Clement-Holmes were named to Savoy Magazine's 2024 Most Influential Corporate Directors list.

What committees does Laurent Desmangles serve on at Fifth Third Bank (FITB)?

Laurent Desmangles serves on Fifth Third's nominating and corporate governance, risk and compliance, and technology committees.

What is Linda W. Clement-Holmes' background before joining Fifth Third Bank (FITB)?

Linda W. Clement-Holmes was the chief information officer at The Procter & Gamble Company and has been recognized in various leadership lists including Computerworld's Premier 100 IT Leaders.

Has Linda W. Clement-Holmes (FITB) received this recognition before?

Yes, Linda W. Clement-Holmes was previously named to Savoy Magazine's Most Influential Corporate Directors list in 2021.