Fifth Third combines Indiana banking regions

Fifth Third Bancorp has shuffled some of its top executives and consolidated its Indiana affiliates, the company announced Wednesday.

The Cincinnati-based banking company combined its Central Indiana and Southern Indiana units into a single affiliate that will be headed by Steven Alonso as regional president.

Alonso had been executive vice president and head of Fifth Third’s consumer bank. Alonso joined Fifth Third in 2008 and previously led the bank’s consumer lending and business banking divisions.

Nancy Huber, president and CEO of Fifth Third’s Central Indiana region since 2009, will retire May 15.

John Daniel, CEO of the Southern Indiana affiliate, also will retire.

Fifth Third has $130 billion in assets and operates 17 affiliates with 1,320 branches in 12 states. It has about 870 employees and 45 branches in central Indiana.

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