Peter Gruebele has joined Fifth Third Bank as senior vice president and San Francisco market executive.
He will report to Joseph Yurosek, California market president for Fifth Third Bank. Gruebele joins Fifth Third from Wells Fargo.
“Peter is embedded in the San Francisco market and is deeply rooted in the community, which makes him a perfect fit to lead Fifth Third’s growth efforts in the Bay Area,” said Yurosek. “We look forward to his leadership contributions as we introduce our strategic advice and full-service corporate banking capabilities to San Francisco’s middle-market companies.”
Bringing more than three decades of executive-level experience in relationship management and commercial banking to his role, Gruebele will be responsible for developing and maintaining relationships with middle-market clients including family-owned businesses and private equity-owned middle-market companies. In addition to helping clients reach their financial goals, he will play an active role on Fifth Third’s leadership team as it continues to build out its banking services in San Francisco over the coming months.
The hire is part of the strategic buildout in the market. Fifth Third recently announced its San Francisco-based Renewable Energy Investment Banking Group. Fifth Third established its first presence in California in 2013 with the opening of an office in Century City for its Technology, Media and Telecom, and Diversified Industries verticals in addition to treasury management and commercial real estate team members.
Yurosek joined Fifth Third in December 2017 as California market president.
