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Fifth Third Bancorp hired Howard McClure, a 30- year veteran of the insurance industry, as senior vice president and head of insurance services. He will report directly to Lars Anderson, chief operating officer.

McClure previously served as president of Palmer & Cay of Texas, and prior to that he led Wells Fargo’s Southwest region and headed a major part of Wachovia’s insurance business. He also worked at Chubb Insurance’s Financial Institutions group, with responsibility for the Pacific and Asia regions.

McClure serves on the board of the Insurance Industry Charitable Foundation.

At Fifth Third, he will be responsible for developing and leading an enhanced, holistic insurance strategy, including evaluating alternatives to expand the Bank’s insurance offerings, and employee benefits for the consumer and commercial lines of business.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio.

Source: Fifth Third Bank

Topics Ohio